PIP Calculator
Calculate pip values for your forex trades with precision
Standard Lot
-
100,000 units
Mini Lot
-
10,000 units
Micro Lot
-
1,000 units
Current Price: -
What are pips?
A pip is the smallest price change in a currency pair in Forex. Over the years, Forex brokers introduced fractional pips or 'Pipettes' to offer traders better bid and ask prices while trading.
For example, with a EURUSD price of 1.23456:
- The digit '5' represents the pip location
- The digit '6' represents a partial pip (pipette)
- A 1 pip movement would be 0.0001 for most pairs
- For JPY pairs, a pip is typically 0.01
How to use the calculator
- Select your account currency
- Enter your trade size in lots (1.00 = 1 standard lot)
- Enter the number of pips you want to calculate
- Click calculate to see the pip values for all currency pairs
The calculator will show you the pip value for:
- Standard Lot (100,000 units)
- Mini Lot (10,000 units)
- Micro Lot (1,000 units)