Pip Value Calculator

Calculate the monetary value of pips for your forex trades based on your position size, account currency, and the currency pair you're trading.

Forex Trading Risk Management

Calculate Your Pip Value

Results

Pip Value (Per Pip)

$10.00

Pip Decimals

4

Position Size (Units)

100,000

1% Risk (in pips)

10 pips

Adjust your parameters on the left to recalculate.

Pip Value Tips

  • • For most currency pairs, a pip is the fourth decimal place (0.0001).
  • • For JPY pairs, a pip is the second decimal place (0.01).
  • • A standard lot is 100,000 units of the base currency.
  • • Understanding pip value is essential for proper risk management in forex trading.