Trade Calculator
Pip Value Calculator
Calculate the monetary value of a pip for any currency pair and lot size.
Pip Value (USD)
$10.00
For 1 lot(s) of EURUSD
Quick Reference
1 pip$10.00
5 pips$50.00
10 pips$100.00
50 pips$500.00
100 pips$1000.00
Use this result in your trading workflow
Log the result and compare it against the trades you actually take.
How to Use This Calculator
1
Select your currency pair — Choose the forex pair, metal, or index you're trading.
2
Enter your lot size — The number of standard lots (1.0 = 100,000 units).
3
Read the pip value — The dollar amount you gain or lose per pip movement.
What is Pip Value?
A pip (percentage in point) is the smallest standard price movement in forex. For most pairs, 1 pip = 0.0001. For JPY pairs, 1 pip = 0.01.
Pip value tells you how much money you make or lose for each pip the market moves. For EUR/USD with 1 standard lot, 1 pip = $10.00.
Knowing your pip value is essential for position sizing and risk management — it connects price movement to actual dollar amounts in your account.
Key Features
All major currency pairs
Gold and Silver support
Index support
Standard/mini/micro lots
Base currency auto-conversion
USD-denominated results
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Frequently Asked Questions
Pip value = (one pip / exchange rate) × lot size. For USD quote pairs like EUR/USD, it's simply 0.0001 × 100,000 = $10 per standard lot.
JPY pairs are quoted to 2 decimal places instead of 4, so 1 pip = 0.01 instead of 0.0001. The pip value also depends on the current USD/JPY exchange rate.
For pairs where USD is the quote currency (like EUR/USD), pip value is fixed at $10/lot. For other pairs, it fluctuates with the exchange rate.