IUX
Exness
Vantage
XM
ICMarkets
LiteFinance
Moneta
Tickmill
South Africa (9)
India (9)
Bangladesh (12)
Germany (9)
Thailand (10)
Philippines (9)
Nigeria (10)
Vietnam (10)
Malaysia (9)
A pip is just the smallest price change in a currency pair. It is usually the 4th decimal place (0.0001). It means if GBP/USD moves from 1.2500 to 1.2503, that’s a 3-pip move.
Our forex Pip Calculator helps you quickly see how much each pip is worth in money based on your lot size and the pair you’re trading.
Basically, the pips profit calculator saves time. These trading tools help you manage risk and make it easier to plan your trades without doing the math yourself.
How Does The Forex Pip Value Work?
Pip value tells you how much money you gain or lose when the market moves by one pip. It’s like the “price” of each tiny movement.
The value changes based on 3 things:
- The Currency Pair You Trade.
- Your Lot Size (Trade Size).
- Your Account Currency.
Example:
If you trade 1 mini lot (0.10) on EUR/USD, one pip is usually worth $1.
So a 10-pip move = $10 profit or loss.
If you trade 1 standard lot (1.00), one pip becomes about $10.
A 10-pip move = $100 profit or loss.
So the bigger your lot size, the bigger the pip value and the bigger the risk.
How To Calculate Pips in Forex?
To use our pip calculator, follow the steps-
- Choose the currency pair you’re trading.
- Enter your trade size (lot size).
- Select your account currency.
That’s it! Click on the calculate. It will tell you the ask price, pip value, and pip size.
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