Pip value equals the pip size multiplied by your position size in units. For one standard lot (100,000 units) of a standard pair, one pip is worth 10 units of the quote currency. Knowing pip value is the foundation of good risk management, because it turns a stop loss in pips into real money at risk.
Tools
Pip calculator
Work out the value of a single pip for your trade size, so you always know what each pip is worth.
Your trade
Most pairs use 0.0001. JPY pairs use 0.01.
1 standard lot = 100,000 units.
Pip value
Value per pip0.00
Position size (units)0
Value per 10 pips0.00
Shown in the quote currency of the pair (e.g. USD in EUR/USD).
How it works
How pip value is calculated
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