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DAX (GER40) Pip Value Calculator (2026)

Calculate the exact USD value of one pip for any lot size. Pre-loaded for DAX.

Account CCY:

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

25,233.2loading live price…

Lot Size

Spread

pips

Target $/pip (reverse)

USD/pip

Pip Value (USD)

$1.12

per 1-pip move

Pip size

Units

€1 per point

$/pip per lot

$1.12

Spread Cost

−$1.35

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 — GER40 (DAX)

Lots	Type	Units	$/pip
0.01	Micro	€0.01 per point	$0.01
0.10	Mini	€0.1 per point	$0.11
0.50	½ Std	€0.5 per point	$0.56
1.00← current	Std	€1 per point	$1.12

Click any row to select that lot size

GER40 (DAX) — Typical Daily Range

High

ATR (20-day)

~300 pips

≈ $337.41 at 1.00 lots

Day Trade SL

75–120 pips

25–40% of ATR

Swing SL

150–225 pips

50–75% of ATR

Busiest at the Frankfurt open (09:00 CET). Indicative 20-day ATR — volatility rises sharply during NFP, CPI and central bank events.

Broker Cost Comparison — GER40/EUR · 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	−$7.13	✓ cheapest
STP / Zero Comm Good for low-frequency traders	1.3 pip	−$1.48	+$-5.65
Market Maker Convenient, wider spread	2.0 pip	−$2.29	+$-4.84
High-cost MM Avoid for frequent trading	3.0 pip	−$3.37	+$-3.76

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

GER40 (DAX) at a glance

Pip Size

1 point

Pip Value (1 lot)

$1.12

Avg Spread

1–2 points

Active Session

Frankfurt 09:00–17:30 CET

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Balance & risk are remembered on this device ·

Featured

Deriv

4.0

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Capital at risk · T&Cs apply

Quick Answer

GER40 is priced in euros: on a 1 lot = €1 per point contract, a 100-point move is €100 per lot, which the calculator converts to your account currency at the live EUR rate. Brokers also use €5 or €10 per point — set yours in the calculator above.

Pip Value Calculator Formula

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

Example (GER40): 1 lot: 1 × 1 × 1.1247 (EUR→USD) = $1.12 per point

About GER40 — DAX 40 — the 40 largest German companies

The DAX tracks the 40 largest companies on the Frankfurt exchange and is Europe's most traded index CFD. Export-heavy constituents make it sensitive to global trade, the euro and ECB policy. The busiest hour is usually the Frankfurt open.

Other Calculators for GER40

GER40 Position Size GER40 Margin GER40 P&L GER40 Risk/Reward

Pip Value Calculator for Other Pairs

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