What is the pip value of EUR/USD?
How this answer was verified
- Cross-checked against broker-published fact sheets, regulator licensing databases, and ESMA product intervention notices.
- Reviewed by our editorial team (Marcus Weber CFA, Sofia Lindgren FRM, Daniel Ferretti LLM).
- Refreshed quarterly. The most recent verification date is shown above. Read our methodology.
Related questions
What is the pip value of GBP/USD?
On a standard lot (100,000 units) of GBP/USD, one pip (0.0001) is worth $10. On a mini lot (10,000 units), one pip is worth $1. On a micro lot (1,000 units), one pip is worth $0.10. The value stays constant because the quote currency (USD) matches the typical account base.
What is a pip in forex trading?
A pip (percentage in point) is the smallest standard price movement in a forex pair — typically the fourth decimal place (0.0001) for most pairs, or the second decimal place (0.01) for JPY pairs. On a standard lot (100,000 units) of EUR/USD, one pip is worth approximately $10.
What is a lot in forex trading?
A standard lot is 100,000 units of the base currency. A mini lot is 10,000 units (0.10 lot), a micro lot is 1,000 units (0.01 lot). On EUR/USD, a 1 pip move on 1 standard lot is roughly USD 10. Lot size determines your dollar risk per pip — most retail traders use micro or mini lots.