Pip Value
How much a pip is worth in real money for any pair and lot size. Essential for setting realistic stops and take-profits before you enter the trade.
Input
Current rate used for conversion: 1.00000 USD/USD.
Pip value
PIP VALUE AT 1.00 LOT(S)
$10.00
For each pip of movement in EUR/USD
Pip value — 1 standard lot
$10.00
100,000 base units
Pip value — 1 mini lot
$1.00
10,000 base units
Pip value — 1 micro lot
$0.10
1,000 base units
Pip size
0.0001
Price increment that counts as one pip
HOW IT'S CALCULATED
Pip value = lot size × pip size × contract size × quote currency rate to USD. For USD-quoted pairs the last factor is 1, which is why EUR/USD gives exactly $10/pip on 1 lot.