Calculate pip values for different currency pairs and account sizes. Essential for proper risk management and position sizing in forex trading.
For EUR/USD with a standard lot (100,000 units), each pip is worth $10. For USD/JPY, each pip is worth approximately $9.09 due to different pip sizes.
Example: A trader with a $50,000 account trading EUR/USD with 0.5 lots has a pip value of $5. If they risk 2% per trade ($1,000), they can afford a 200-pip stop loss.
Enter current market rate for EUR/USD
Per pip for 100,000 units of EUR/USD
Maximum stop loss distance for different risk levels
Most pairs use 0.0001, but JPY pairs use 0.01
Use live market rates for accurate calculations
Pip Value = (Pip Size ÷ Exchange Rate) × Position Size
Multiply by exchange rate if account currency differs
Pip Value = (Pip Size ÷ Exchange Rate) × Position Size Where: - Pip Size = 0.0001 for most pairs, 0.01 for JPY pairs - Exchange Rate = Current market rate - Position Size = Number of base currency units Examples: EUR/USD: (0.0001 ÷ 1.1000) × 100,000 = $9.09 USD/JPY: (0.01 ÷ 110.00) × 100,000 = $9.09 GBP/USD: (0.0001 ÷ 1.2500) × 100,000 = $8.00
A:A pip (Percentage in Point) is the smallest price movement in forex trading, typically 0.0001 for most currency pairs or 0.01 for JPY pairs. It's the standard unit for measuring price changes.
A:Pip value = (Pip size / Exchange rate) × Position size. For standard lots (100,000 units), pip value is typically $10 for major pairs. Use our calculator for different account sizes and currency pairs.
A:JPY pairs have only 2 decimal places instead of 4, so their pip size is 0.01 instead of 0.0001. This makes the pip value calculation different, typically around $9.09 for USD/JPY.
A:Pip value increases proportionally with position size. A mini lot (10,000 units) has 1/10th the pip value of a standard lot (100,000 units). Our calculator adjusts for any position size.
A:A pipette is 1/10th of a pip (0.00001 for most pairs). Some brokers quote to 5 decimal places, showing pipettes for more precise pricing, but pip value calculations use pips.
A:Calculate your risk per trade by multiplying pip value by your stop loss in pips. For example, if pip value is $10 and stop loss is 20 pips, your risk is $200 per trade.