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Pip Value Calculator

Calculate the exact monetary value of one pip for any currency pair and lot size. Essential for position sizing and risk management.

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Prices update from live market feeds, but your broker's quotes, contract sizes and spreads can differ — check them before placing a trade.

Currency Pair

1.1247loading live price…

Lot Size

Spread

pips

Target $/pip (reverse)

USD/pip

Pip Value (USD)

$10.00

per 1-pip move

Pip size

0.0001

Units

100,000 EUR

$/pip per lot

$10.00

Spread Cost

−$12.00

per trade (1.2 pip spread × 1.00 lots). Paid once: you buy at the ask and close at the bid — not again on exit.

Pip Value by Lot Size — EUR/USD

Lots	Type	Units	$/pip
0.01	Micro	1,000 EUR	$0.10
0.10	Mini	10,000 EUR	$1.00
0.50	½ Std	50,000 EUR	$5.00
1.00← current	Std	100,000 EUR	$10.00

Click any row to select that lot size

EUR/USD — Typical Daily Range

Moderate

ATR (20-day)

~80 pips

≈ $800.00 at 1.00 lots

Day Trade SL

20–32 pips

25–40% of ATR

Swing SL

40–60 pips

50–75% of ATR

Most liquid pair — tightest spreads. Indicative 20-day ATR — volatility rises sharply during NFP, CPI and central bank events.

Broker Cost Comparison — EUR/USD · 1.00 lots (round-trip)

Broker Type	Spread	Round-trip Cost	vs ECN
ECN / Raw Best overall for active traders	0.1 pip + $3.50/lot/side	−$8.00	✓ cheapest
STP / Zero Comm Good for low-frequency traders	1.1 pip	−$11.00	+$3.00
Market Maker Convenient, wider spread	1.7 pip	−$17.00	+$9.00
High-cost MM Avoid for frequent trading	2.5 pip	−$25.00	+$17.00

Indicative typical spreads. Round-trip cost = spread (paid once) + commission on both sides. Actual rates vary by broker and market conditions.

Pip Value Across All Pairs — 1.00 lots

Sorted by pip value descending. Click any row to select that pair. ECN commission = $3.50/lot.

Formula: pip size × contract size × lots × USD conversion rate

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Pre-loaded for your pair

EUR/USD GBP/USD USD/JPY USD/CHF AUD/USD USD/CAD NZD/USD EUR/JPY GBP/JPY EUR/GBP AUD/JPY EUR/AUD GBP/AUD XAU/USD XAG/USD WTI Oil Brent Oil US30 NAS100 GER40 BTC/USD ETH/USD SOL/USD

Pip Value Calculator Formula

Pip Value = Pip Size × Contract Size × Lots × USD Rate

Example: EUR/USD 1 lot: 0.0001 × 100,000 × 1 = $10.00 per pip

Pip Value Calculator FAQ

What is a pip in forex?

A pip (percentage in point) is the smallest standard price move in forex. For most pairs it's the 4th decimal place (0.0001). For JPY pairs it's the 2nd decimal (0.01).

How do you calculate pip value?

Pip value = pip size × contract size × exchange rate × lots. For EUR/USD at 1 standard lot, one pip = 0.0001 × 100,000 × 1.0 = $10.

Does pip value change with lot size?

Yes. A micro lot (0.01) has a pip value of $0.10 for EUR/USD, a mini lot (0.10) is $1.00, and a standard lot (1.00) is $10.00.

What is pip value for gold (XAU/USD)?

For gold, 1 pip = $0.01 move. With a contract size of 100 oz at 1 lot, pip value = $1.00 per pip.

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Calculator results are estimates only — not financial advice. Trading involves significant risk of loss. Full risk disclosure.