Pip Calculator
Pip value per instrument and lot
Pip Calculator
Pip Calculator
Pip value per 1.00 lot1.00 USD
Pip value (position)1.00 USD
USD estimates use your inputs and reference contract specifications, excluding fees, swaps and slippage. Worked examples are fixed illustrations, not live prices or confirmed execution terms. USDJPY profit is converted at the exit price; its pip value uses the entered price.
How it works
Every instrument has a fixed pip value per 1.00 lot, derived from its contract size and pip size. Multiplying by your position size gives the value of a one-pip move for the whole position. The pip value itself does not depend on the account — only the Cent account expresses it in cents.
Pip value = Pip value per 1.00 lot × Lots
Worked example
- Instrument: XAUUSD — pip size 0.01, pip value 1.00 USD per 1.00 lot
- Position size: 1.00 lot
- pip value = 1.00 × 1.00 USD = 1.00 USD per pip