Forex Pip Calculator

Instantly understand your trading risks and potential

User Instructions

Input Options

Pips: Enter the trading spread (the difference between the buy and sell prices) in pips.

Instrument: Select a trading product, such as EUR/USD.

Lots (trade size): Enter the number of lots, which is the contract size you intend to trade.

Deposit currency: Select your trading account currency, which will be used to calculate the actual cost of the trade.

1 Pip Size: Enter the size of each pip, for example, EUR/USD = 0.0001.

Calculation Result: Display the point value corresponding to the unit price change.

Most non-yen related currency pairs, such as EUR/USD, 1 pip equals 0.0001.

Currency pairs related to the Japanese yen, such as USD/JPY, have a value of 0.01 for 1 pip.

Precious metals, such as Gold against the US Dollar (XAU/USD), 1 pip equals 0.01.

For example, when the price of EUR/USD rises from 1.07370 to 1.07380, it can be said that it has moved 1 pip.

When the price of EUR/USD rises from 1.07370 to 1.07375, it can be said that it has moved 0.5 pips, or it has moved 5 points.

When setting a stop-loss or take-profit, have you ever been confused about, "If the price moves 50 Pips, how much do I actually win or lose?" The Pip Value is the core of forex trading risk management. This tool helps you accurately calculate the potential profit and loss for each trade before you place an order, taking your money management to the next level.

How to use our calculator?

In just three simple steps, you can calculate the pip value you care about most:

Choose the Trading Instrument
Select the currency pair or instrument you plan to trade from the dropdown menu, for example, EUR/USD. Our system will automatically match the quotation rules for that instrument.
Enter the Lot Size
Fill in your planned trade size. A standard lot is 1 lot, a mini lot is 0.1 lots, and a micro lot is 0.01 lots.
Set Your Account Currency
Choose your trading account's settlement currency, for example, USD. The calculation result will automatically be converted into the value of that currency. (If a conversion is needed, the system will prompt you to enter the real-time exchange rate to ensure the accuracy of the result.)

Interpreting the Calculation Results

The calculator will tell you the amount your account equity will change for every 1 Pip the market price moves, based on your current settings.

Example: When you trade 1 lot of EUR/USD and your account currency is US Dollar, the result is $10.00. This means that for every 1 Pip the price moves up or down, your profit or loss will change by $10.00 USD.

Deeper Dive: Pip vs. Point

You may often hear these two terms. They are the smallest units for measuring price changes, but they are different:

Pip: The standard unit for forex quotes.
For most currency pairs like EUR/USD, 1 Pip is the 4th decimal place, which is 0.0001.
For JPY-related pairs like USD/JPY, 1 Pip is the 2nd decimal place, which is 0.01.
Point (or Pipette): Usually one-tenth of a Pip, representing a finer price movement.

When EUR/USD moves from 1.07370 to 1.07380, it has moved 1 Pip, which is also equal to 10 Points.

Practical Application: How to Calculate Trade Risk with Pip Value?

This is where the pip value calculator is most powerful—it helps you quantify risk!

Scenario: Assume you want to buy 0.5 lots of EUR/USD at a price of 1.0850 and set your stop-loss at 1.0800.

Calculate Stop-Loss Distance: 1.0850 (entry price) - 1.0800 (stop-loss price) = 0.0050, which is a risk of 50 Pips.
Calculate Value per Pip:
Using this calculator, enter EUR/USD, 0.5 lots, and find that the value per Pip is $5.00 USD.
Calculate Total Risk: Risk Distance (Pips) × Value per Pip = Total Risk Amount
50 Pips × $5.00/Pip = $250.00

Conclusion: Before placing the order, you clearly know that the maximum potential loss for this trade is $250 USD. This is the core difference between professional traders and amateur players.