Pip Value Calculator
What one pip is worth on your trade size. No login, nothing about you is collected.
1 pip on EUR/USD = 0.0001 in price. 1 lot = 100,000 EUR.
Based on standard contract sizes. Some brokers define gold pips as $0.01 or use different index contract sizes. Check your platform's symbol specification.
Pip values at a glance (USD)
Using typical prices and the rates above. Click a row to load it.
| Instrument | 1 pip = | Standard | Mini | Micro |
|---|---|---|---|---|
| EUR/USD | 0.0001 | $10.00 | $1.00 | $0.10 |
| GBP/USD | 0.0001 | $10.00 | $1.00 | $0.10 |
| USD/JPY | 0.01 | $6.67 | $0.67 | $0.07 |
| Gold (XAU/USD) | 0.1 | $10.00 | $1.00 | $0.10 |
| Dow Jones (US30) | 1 | $1.00 | $0.10 | $0.01 |
| Crude Oil (USOIL) | 0.01 | $10.00 | $1.00 | $0.10 |
Illustrative calculation only. Uses standard contract sizes, common pip conventions and the exchange rates you enter. Brokers can define pips and contract sizes differently. Not investment advice and not a guarantee of any outcome.
Why pip value matters
Every stop-loss, target and risk rule is measured in pips, but your account is measured in money. Pip value is the bridge between the two. Once you know a pip on your size is worth $5, a 30 pip stop is a $150 risk.
Three cases
- Quote currency is your account currency (EUR/USD on a USD account): pip value is fixed at $10 per lot.
- Base currency is your account currency (USD/JPY): pip value changes with the price, so the tool uses the current rate.
- Neither (EUR/GBP, GER40): the tool converts the quote currency to USD with the rate you enter.
Turn a pip value into a lot size with the Position Size Calculator, or check gold trades in detail with the Gold Position Calculator.