Pip Calculator
What is 1 pip worth on this trade? Pick a pair, your account currency and lot size | get the answer instantly.
Pick your account currency
USD, EUR or GBP. This is what the pip value is shown in.
Pick the instrument
Forex pair, gold, an index or crypto. The calculator knows the pip size for each.
Set the lot size
1 lot is the standard. Use 0.1 for mini, 0.01 for micro.
Calculating one trade is easy. Tracking 500 with discipline is the edge.
Create Impacts logs the entry, stop, lots and outcome of every trade so you can see your real R-multiples, plan compliance and discipline score over hundreds of executions.
FAQ
What is a pip?
A pip is the smallest standard price increment for an instrument. For most forex pairs that's 0.0001; for JPY-pairs it's 0.01; for gold (XAUUSD) it's 0.1; for indices it's typically 1 point.
How is pip value calculated?
Pip value (in quote currency) = pip size × contract size × lots. Convert to your account currency by multiplying with the quote→account FX rate.
What's the pip value of 1 standard lot on EURUSD?
0.0001 × 100,000 = $10 per pip. For 0.10 lots (mini) it's $1. For 0.01 lots (micro) it's $0.10.
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Educational tool only, not financial advice. Real results depend on spread, commissions, slippage and overnight swaps.