Forex Pip Calculator

Calculate pip value in forex trading. Determine profit and loss per pip for any currency pair and position size.

A pip (percentage in point) is the smallest price move in forex trading. Understanding pip value is essential for position sizing and risk management. This calculator determines the monetary value of each pip for your trades.

Calculator

Pip Value
$10.00
10 Pips Value
$100.00
100 Pips Value
$1,000.00
Position Size (Units)
100,000

Common use cases

  • Forex trading risk management
  • Position sizing
  • Profit target calculations
  • Stop-loss placement

How to use

  1. Select your account currency
  2. Choose the currency pair you're trading
  3. Enter your position size in lots
  4. Input the current exchange rate
  5. View the pip value

FAQ

What is a pip?

A pip is typically the fourth decimal place (0.0001) for most pairs, or the second decimal (0.01) for JPY pairs.

What is a standard lot?

A standard lot is 100,000 units of the base currency. Mini lots are 10,000 and micro lots are 1,000.

How do I calculate risk per trade?

Multiply pip value by stop-loss distance in pips to get your potential loss.

This calculator provides illustrative estimates for planning purposes only and does not constitute financial, tax, or legal advice.