Calculate the value of one pip or multiple pips for your trade size and instrument in your account currency.
Pip Value Calculator
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Frequently Asked Questions
Pip value is the monetary value of a one-pip move for your position size. It depends on the pair, lot size, and your account currency. Knowing pip value helps you set stop losses and targets in money terms.
Larger positions have higher pip value. For example, 1 standard lot (100,000 units) has 10 times the pip value of 0.1 lots. The pip value calculator multiplies position size by pip size and converts to your currency.
Pip value depends on the quote currency and the exchange rate to your account currency. JPY pairs often use 0.01 as a pip; USD pairs use 0.0001. The calculator uses your deposit currency and the pair's rate.
If you risk 1% of your account per trade, convert that to pips: (Risk amount) ÷ (Pip value per lot × Lot size). Then set your stop loss that many pips away so the loss equals your risk.
No. Forex pairs have different pip sizes (e.g. 0.0001 for EUR/USD, 0.01 for USD/JPY) and contract sizes. Crypto is often quoted in dollars per unit. Use the calculator for each instrument.