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Pip Value Calculator

Calculate how much each pip movement is worth in your account currency for popular Forex pairs.

How It Works

1

Select your account currency and the Forex pair you are trading.

2

Enter your lot size (number of standard lots).

3

If account currency differs from quote currency, enter the exchange rate.

Frequently Asked Questions

What is a pip in Forex trading?

A pip is the smallest price movement that a currency pair can make, usually 0.0001 or 0.01 for JPY pairs.

Why does my account currency affect pip value?

If your account currency is different from the quote currency in the pair, the pip value must be converted using the current exchange rate.

How does lot size affect pip value?

Increasing your lot size increases the pip value proportionally, which impacts your potential profit or loss per pip.