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Trading Tools

Pip Value Calculator

Find out what a single pip is worth for any pair and trade size — so you can size your positions and manage risk with confidence.

Pip value per lot

$10.00

For your trade size

$10.00

One standard lot = 100,000 units. Values are indicative estimates in USD using reference prices and are for educational purposes only.

What is a pip?

A pip is the smallest standard move in a currency pair — usually the fourth decimal place (the second for JPY pairs). Knowing the value of a pip tells you how much each price move is worth in money, which is the foundation of position sizing and risk management. Learn more in our glossary.