Free Forex Tool · No login required

Pip Value Calculator

Calculate pip values for any forex pair and lot size instantly. EUR/USD, GBP/JPY, USD/JPY, Gold, and 12+ more pairs.

Calculator
Pip Size
0.0001
Pip Value (1 lot)
$10.00
Total (1 lots)
$10.00
Formula: Pip Value = (Pip Size × Units) ÷ Quote/USD rate · 0.0001 × 100,000 × 1 ÷ 1.0000 = $10.00

* USD conversion rates are approximate. Use exact live rates for precise risk calculations.

Standard Lot Pip Values (approx. USD)
PairPip SizeStandard LotMini Lot
EUR/USD0.0001$10.00$1.00
GBP/USD0.0001$10.00$1.00
AUD/USD0.0001$10.00$1.00
NZD/USD0.0001$10.00$1.00
USD/CAD0.0001$7.40$0.74
USD/CHF0.0001$11.20$1.12
USD/JPY0.01$6.70$0.67
EUR/JPY0.01$6.70$0.67
GBP/JPY0.01$6.70$0.67
AUD/JPY0.01$6.70$0.67
EUR/GBP0.0001$12.70$1.27
EUR/CAD0.0001$7.40$0.74
EUR/CHF0.0001$11.20$1.12
GBP/CAD0.0001$7.40$0.74
GBP/CHF0.0001$11.20$1.12
XAU/USD (Gold)0.01$1000.00$100.00

What is a pip in forex trading?

A pip ("percentage in point") is the smallest standard price move in forex trading. For most currency pairs like EUR/USD or GBP/USD, one pip equals 0.0001 (the fourth decimal place). For JPY pairs like USD/JPY, one pip equals 0.01 (the second decimal place).

The pip value is how much one pip of movement is worth in your account currency. It depends on three things: the currency pair you're trading, your lot size (number of units), and the current exchange rate.

For example, a standard lot of EUR/USD (100,000 units) has a pip value of approximately $10. This means if EUR/USD moves 10 pips in your favor, you profit $100. If it moves 10 pips against you, you lose $100.

Understanding pip values is essential for position sizing and risk management — it's the foundation of calculating how much you're actually risking on every trade. Pair this calculator with SuperTrader's position size calculator for a complete risk management workflow.

Track every pip in your journal.

SuperTrader automatically calculates pip values from your broker exports — no manual entry, no formula errors.

Free forever Forex, Futures, Stocks, Crypto MT4/MT5 import