Forex Pip Value Calculator
Convert a one-pip price change into quote and account currency using a forex contract size and a conversion rate you supply.
Enter your inputs
How it works
Quote-currency pip value = pip size × contract size × lots. Multiply by the account-currency units per one quote-currency unit to get the account-currency pip value.
Worked example
For EUR/USD, using a 0.0001 pip and 100,000 base units per lot gives 10 USD per pip at one lot. For a USD account enter 1 as the conversion rate. If your account uses another currency, enter the number of account-currency units one USD buys.
What the result assumes
This model covers linear forex pairs. Many JPY pairs use a 0.01 pip. A broker’s smallest price step can differ from one pip. Check the instrument specification and use the applicable conversion quote. For CFDs and other instruments, check the broker’s calculation method.
Related calculator
Forex Position Size Calculator
Calculate the lot size that fits a cash risk budget, a stop distance and a pip value. Then round down using your broker’s volume rules.