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Pip Calculator

A pip is the smallest price change in a currency pair in Forex. The pip calculator shows the value of a pip in the currency you want to trade. You'll always want to weigh the upside against the risk and plan how to manage that risk.
CALCULATE
HOW TO USE THE CALCULATOR

PIP Value Calculator

Account Currency
Trade Size (In units)
Currency Pair
Pip Value (AUD):
UNDERSTANDING PIP

What are Pips in Forex?

1

10.000
pips

.

1

1.000
pips

6

600
pips

1

10
pips

2

2
pips

5

0
‍pips
A pip in forex means the smallest price change a currency pair can make, except for fractions of a pip or 'pipettes'. For most currency pairs 1 pip is 0.0001; for currency pairs with the Japanese Yen, such as USD/JPY, 1 pip is 0.01. When trading metals, 1 pip for Gold and Silver is 0.01.

When the EUR/USD moves up from 1.0925 to 1.0926, the change is 1 pip. with 5-digit pricing, if the EUR/USD moves up from 1.09255 to 1.09260, the move would be half a pip.

HOW TO USE
THIS PIP CALCULATOR

Instrument
Traders Can Select From Major Forex Crosses, Minors, Exotics, The Popular Cryptocurrencies (Such As ADA BTC, ETH, LTC And XRP) And Several Commodities, Including Gold, Silver And Oil. Let's Choose For Our Example The EUR/USD
Trade Size
Forex Pairs Are 100,000 Units Per 1 Lot, But Units Per 1 Lot Vary On Non- Forex Pairs. In This Field There's Also The Option Of Calculating The Pip Value Based On The Lots Traded, Or, The Units Traded. Let's Choose, For Our Example, A Trading Size Lot Of 10,000 Currency Units (0.10 Mini-Lot).
Deposit Currency
Pip Values Are Different For Each FX Pair And For Each Cryptocurrency Cross. Pip Values Are Also Subject To The Current Market/Exchange Quotes. Selecting An Account Currency In This Field Will Enable An Accurate Calculation The Pip Value, For Trader's Account Base Currency (From AUD TO ZAR). We Choose EUR As Our Deposit Currency.
The Results
The Pip Calculator Uses A Market Price Live Feed With The Current Interbank Rate (In A 5-Digit Format) And It Will Display The Current Pip Value Based On The Selected Account Base Currency (In Our Example, The EUR).

So, The Pip Value For A 0.10 Lot Of EUR/USD, With A Market Rate Of 1.21580, On A EUR Trading Account, Is Currently €0.8225.

Traders Should Note That For Trading Accounts In Other Base Currencies, SuchAs GBP Or AUD, Pip Values Can Vary, Depending On The Current Market Rate For The GBP/USD, Or AUD/USD, For Example.The Following Conversion Formula Is Applied To Calculate The Pip Value In Other Currencies.

Pip Value = (One Pip / Exchange Rate) * Lot Size
The Result Would Be:
Pip Value = (0.0001/1.21580) * 10,000 = €0.8225.
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