Forex Pip Calculator
Calculate what a single pip is worth for your trade size. Pip value tells you how much each pip of movement gains or costs you.
What is a pip?
A pip is the smallest standard price move in a currency pair — 0.0001 for most pairs, or 0.01 for JPY pairs. Pip value is how much money one pip is worth for your position.
How pip value is calculated
Pip value = pip size × contract size × lots. For a standard lot (100,000 units) on a USD-quoted pair, one pip is worth about $10. The result here is in the quote currency; for cross pairs, convert to your account currency using the current exchange rate.
Disclaimer
These calculators are for education and estimation only, not financial advice. Results are approximate and exclude broker-specific costs. Trading is high-risk — always confirm figures with your broker.