Calculate the exact USD value of one pip for any lot size. Pre-loaded for British Pound / US Dollar. Adjust inputs below for instant results.
Pip Size
0.0001
Pip Value (1 lot)
$10.00
Avg Spread
0.5–2.0 pips
Active Session
London, New York
Pip Value = Pip Size × Contract Size × Lots × USD Rate
Example (GBP/USD): GBP/USD 1 lot: 0.0001 × 100,000 × 1 = $10.00 per pip
GBP/USD (Cable) is the fourth most traded currency pair globally, known for its high volatility and large intraday swings. It is sensitive to Bank of England decisions, UK inflation data, and political developments including trade policy. Spreads are typically slightly wider than EUR/USD.
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Pip Value (USD)
$10.00
per 1-pip move
Pip size
0.0001
Units
100,000
$/pip per lot
$10.00
Spread Cost
−$12.00
cost to open position (1.2 pip spread × 1.00 lots)
−$24.00
round-trip (open + close)
Pip Value by Lot Size — EUR/USD
| Lots | $/pip |
|---|---|
| 0.01 | $0.10 |
| 0.10 | $1.00 |
| 0.50 | $5.00 |
| 1.00← current | $10.00 |
Click any row to select that lot size
EUR/USD — Typical Daily Range
ModerateATR (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 |
|---|---|---|
| ECN / Raw Best overall for active traders | 0.1 pip + $3.5/lot | −$8.00 |
| STP / Zero Comm Good for low-frequency traders | 1.1 pip | −$11.00 |
| Market Maker Convenient, wider spread | 1.7 pip | −$17.00 |
| High-cost MM Avoid for frequent trading | 2.5 pip | −$25.00 |
Indicative typical spreads. Round-trip = open spread + 2× commission. 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