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Pip value calculator

How much money one pip moves, for the pair and size you trade, in your account currency.

Common sizes

Size1 pips10 pips50 pips
Standard lot, 1.00$10.00$100.00$500.00
Mini lot, 0.10$1.00$10.00$50.00
Micro lot, 0.01$0.10$1.00$5.00

Value of 1 pip

$10.00

On EURUSD, 1 pip is a price step of 0.0001. With 1.00 lots, every pip up or down is $10.00.

Estimates before costs: spread, commission and overnight swap are not included. Your broker's own figures always win.

Words used here

Pip
The usual smallest price step of a pair: 0.0001 on most pairs, 0.01 on pairs with JPY.
Pipette (point)
One tenth of a pip. MT4 and MT5 quotes show it as the last, smaller digit.
Quote currency
The second currency in a pair. A pip is worth a fixed amount of it; converted into your account currency, the value moves with the rate.

Questions

Questions traders ask

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