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    Pip value calculator

    What one pip, tick or point is worth in your account currency.

    Example inputs, not market prices: change them to your trade.

    Three letters, e.g. USD, EUR, MXN.
    More options
    Used to convert when your account currency is the base currency.
    Needed only when your account currency is neither currency of the instrument.

    Result

    Pip value

    $10.00

    Tick value
    $1.0000
    Value of a 1.0 move
    $100,000.00

    How it is computed

    Pip value = Volume × Contract size × Pip size × Conversion to the account currency

    A pip is a fixed price step. Multiplied by the units you hold, it gives an amount in the quote currency, then converted into your account currency.

    Worked example

    Inputs

    Instrument
    EURUSD
    Account currency
    USD
    Volume (lots, contracts or shares)
    1

    Result

    Pip value

    $10.00

    Tick value
    $1.0000
    Value of a 1.0 move
    $100,000.00

    Computed on the server by the same code as the form above (calculator table 2026-10-04.1).

    By instrument

    Around economic releases

    Many prop firms restrict trading around high-impact releases. Check the next ones before you size a trade.

    Open the economic calendar

    Questions

    What is a pip on a JPY pair?

    0.01 instead of 0.0001, because yen pairs are quoted with two or three decimals.

    Why does the pip value of USDJPY change on a USD account?

    The pip is worth a fixed amount in yen. Converted into dollars, it depends on the USDJPY price of the moment.

    Is the gold pip 0.1 or 0.01?

    It depends on the broker. The table uses 0.1 for XAUUSD and says so; enter your broker's specification if it differs.

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    A calculation, not a forecast. Not investment advice.

    In your account currency