PIP CALCULATOR
Calculate the value of a pip for any forex pair and lot size.
PIP VALUE
$0.10
1 pip = 0.0001 for EUR/USD (Micro lot)
What is a Pip?
A pip (percentage in point) is the smallest price move in a forex pair. For most pairs, one pip equals 0.0001 (the fourth decimal place). For JPY pairs, one pip equals 0.01.
How to Calculate Pip Value
Pip value depends on your lot size and the currency pair. For a standard lot (100,000 units) of EUR/USD, one pip equals $10. For a micro lot (1,000 units), one pip equals $0.10. Use this calculator to find the exact pip value for your trade size.
Why Pip Value Matters
Knowing your pip value is essential for proper position sizing and risk management. Before entering any trade, calculate your pip value to know exactly how much you stand to gain or lose per pip of movement.