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Pip Calculator

Educational Tool

Learn how to calculate pip values for different currency pairs and position sizes.

Educational Tool: This calculator is for learning purposes only. Results are simplified examples and may not reflect actual market conditions. Always verify calculations with your broker's platform before trading.

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Calculate Pip Value

Enter the currency pair you want to analyze

Your trading account's base currency

Standard lot = 1.0, Mini lot = 0.1, Micro lot = 0.01

Understanding Pip Values

A pip (percentage in point) is the smallest price movement in forex trading. For most currency pairs, a pip is 0.0001, while for JPY pairs it's 0.01.

Lot Sizes Explained

  • Standard Lot: 100,000 units of base currency
  • Mini Lot: 10,000 units (0.1 standard lot)
  • Micro Lot: 1,000 units (0.01 standard lot)
  • Nano Lot: 100 units (0.001 standard lot)

Why Pip Value Matters

Understanding pip values helps you calculate potential profit or loss before entering a trade. It's essential for risk management and position sizing decisions. For example, if you risk 50 pips with a pip value of $10, your potential loss is $500.

Example Calculation

For EUR/USD with 1 standard lot (100,000 EUR) in a USD account:

  • 1 pip = 0.0001
  • Pip value = 100,000 × 0.0001 = $10
  • If price moves from 1.1000 to 1.1050 (50 pips), profit = 50 × $10 = $500

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