← All tools

Pip Value Calculator

What one pip is worth, in your account currency, for any instrument and lot size.

Inputs

Approximate values per standard lot. Verify with your broker.
Standard lot = 1.00 / Mini = 0.10 / Micro = 0.01
Non-USD shows the equivalent at parity (1.00). Multiply by your live rate for exact figure.

Result

Per pip (USD)
$10.00
Per pip (account currency)
$10.00
10 pips
$100.00
50 pips
$500.00

How to use this

A pip is the standardised unit of price movement for the instrument you're trading. On most forex pairs, a pip is the fourth decimal place (0.0001). On JPY pairs, it's the second decimal (0.01). On gold (XAUUSD), brokers vary - some define a pip as 0.10, others as 0.01. What matters is what one pip is worth in YOUR account currency, because that's the unit your profit and loss are measured in.

For a USD account on EURUSD, a standard lot (100,000 units) gives you $10 per pip. Trade a 0.10 lot, and it's $1 per pip. The pip-value calculation drives every other risk number: position size, profit target value, stop-loss cost.

Need to size a trade? Use the Position Size Calculator →