Tool
Pip Calculator
Calculate the monetary value of a pip for any currency pair and lot size. An essential tool for understanding your exposure and managing risk on every trade.
Pip Value Calculator
Calculate the monetary value of a single pip movement
1 standard lot = 100,000 units
Pip Value
10.00 USD
What is a pip?
A pip (percentage in point) is the smallest standardised price movement in a currency pair. For most pairs it is the fourth decimal place (0.0001); for JPY pairs it is the second decimal place (0.01).
Knowing the pip value helps you understand the monetary impact of price movements on your position and is essential for risk management.
What Is a Pip?
A pip (percentage in point) is the smallest standard price movement in a currency pair. For most pairs, one pip equals 0.0001 (the fourth decimal place). For JPY pairs, one pip equals 0.01 (the second decimal place).
The monetary value of a pip depends on the pair, lot size, and account currency. For a standard lot (100,000 units) of EUR/USD, one pip is worth approximately $10. For a mini lot (10,000 units), it is approximately $1.
Why Pip Value Matters
Knowing the pip value helps you set appropriate stop losses, take profits, and position sizes. It is a fundamental building block for risk management -- without it, you cannot accurately calculate how much money is at risk on a trade.
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