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Pip value calculator

A pip is the standard unit of price movement. This calculator shows exactly how much one pip is worth for your position — per lot and for your chosen lot size — in your own account currency.

Contract size · Pip size

These are typical standard values — they vary by broker and instrument, so confirm and adjust them to match your own account.

Result

Pip value (1 lot)
10.00 USD
Total pip value
10.00 USD

How to use it

  1. 1 Pick your instrument (or enter your broker's contract size and pip size).
  2. 2 Choose your account currency; if it differs from the instrument's quote currency, enter the exchange rate.
  3. 3 Enter your lot size.
  4. 4 Read the pip value per lot and the total for your position.

How the pip value is calculated

Pip value (in the quote currency) = pip size × contract size, then converted to your account currency at the rate you provide. For a standard lot of EUR/USD, that is 0.0001 × 100,000 = 10 USD per pip.

Frequently asked questions

What is a pip?

A pip is the smallest standard price increment for an instrument — 0.0001 for most currency pairs, and 0.01 for pairs quoted in Japanese yen. For metals, indices and energy the increment is usually called a point.

How much is one pip worth?

For one standard lot (100,000 units) of a pair quoted in your account currency, one pip is worth about 10 units of that currency. The exact value depends on the contract size, the pip size and your account currency — this calculator does the conversion for you.

Why does the value change with my account currency?

Your profit and loss accrue in the instrument's quote currency. If that differs from your account currency, the amount is converted at the current exchange rate, which changes the value you actually see in your account.

Put the numbers to work

Practice these positions risk-free on the Merini demo — real-time charts and paper trading with virtual funds, in your browser, no install.

Open the free demo

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※ 本内容仅供信息与教育之用，并非投资建议或劝诱。交易条件（交易时间·保证金·手续费·点值等）因交易所·券商·时点·夏令时而异，实际交易前请在您使用的券商处自行确认。衍生品交易可能造成超过本金的损失。