Professional Pip Value Calculator
Calculate the exact monetary value of every pip before entering a Forex trade.
Calculated per lot type for EUR/USD with a USD account.
| Lot Type | Volume (Lots) | Units Traded | Pip Size | Typical Pip Value |
|---|---|---|---|---|
| Standard Lot | 1.0 Lot | 100,000 Units | 0.0001 | $10.00 |
| Mini Lot | 0.1 Lot | 10,000 Units | 0.0001 | $1.00 |
| Micro Lot | 0.01 Lot | 1,000 Units | 0.0001 | $0.10 |
Common Pip Value Examples
Forex Pip Sizing Tips
Different pairs have different pip values
Unless your account currency is the same as the quote currency (e.g. USD account trading EUR/USD), the pip value fluctuates dynamically based on current spot rates.
JPY pairs use 0.01 pip pricing
Japanese Yen pairs are quoted with fewer decimal places. A pip is represented by the 2nd decimal digit (0.01) rather than the standard 4th decimal digit (0.0001).
Gold behaves differently
Gold (XAU/USD) contract size is 100 ounces per standard lot. A pip is a 0.01 movement, meaning standard lots have a pip value of $1.00 USD (or equivalent account base currency).
Always calculate before risking capital
Never guess your pip weight. Small differences in pip values between cross rates (like GBP/JPY vs EUR/USD) can dramatically impact your final position risk size.