PIP Calculator

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

1. Select your account currency
2. Enter your trade size in lots (1.00 = 1 standard lot)
3. Enter the number of pips you want to calculate
4. 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)