Pip Calculator: Pip Value Tool
A pip is an absolute step, not a percentage. "I made 10 pips" does not say how much you made — the amount depends on trade size.
Pip Value Calculator
The value of a one-pip move, in the quote currency, for your trade size (units).
Result: 10
Calculations are estimates and not investment advice; they vary with broker conditions.
Risk warning. Leveraged forex trading carries high risk and, in Türkiye, is subject to SPK regulation (1:10 leverage cap, ~50,000 TRY margin). This content is not investment advice; user statements belong to their authors.
Pip size varies by pair
On most pairs a pip is the fourth decimal (0.0001). On JPY pairs it is the second (0.01). If your platform shows one more digit, that is a "pipette", one tenth of a pip — worth not confusing when calculating.
Entering the correct value in the pip size field directly determines the result.
Why this is the first step in risk management
You set stop-loss distance in pips, but your risk is in money. Pip value is what converts between them; that is why the lot calculator also takes pip value as an input.
The same 10-pip move is small at 0.1 lots and ten times larger at 1 lot. Detail is on our pip and lot pages.
Pips are a cost unit too
The spread is measured in pips: a 1.2-pip spread means you start that far behind the moment you open. When assessing total cost, weigh the spread with commission and, if you hold overnight, swap.
This calculation is an estimate and not investment advice; it varies with broker conditions.