Calculate pip values instantly so you can size positions, manage risk, and trade with confidence across forex and other markets.
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Trade with precision
Instant pip calculations
See pip values in real time based on market pricing.
Better risk control
Understand potential gains and losses before entering a trade.
Multi-asset support
Calculate across forex, metals, crypto, and more.
Plan position sizes
Adjust trade size based on your risk tolerance.
The pip calculator helps you determine the value of each price movement for your selected trade. By factoring in currency pair, trade size, and account currency, you get an accurate view of potential profit or loss.
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A pip represents the smallest price movement in a currency pair. In most forex pairs, one pip equals 0.0001, while pairs involving the Japanese Yen use 0.01. In some cases, pricing includes an extra decimal place (5-digit pricing), where a pipette represents one-tenth of a pip for more precise price movements.
Understanding pip value is essential for managing risk. It tells you how much you stand to gain or lose for each movement in price, based on your trade size.
By calculating pip values before entering a trade, you can size positions more accurately, set realistic targets, and protect your capital.
RESOURCES
Tools for smarter risk management
Use the pip calculator alongside other tools to refine your strategy and improve decision-making.
Risk management basics
Manage your downside risk
Position sizing guide
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FAQS
Frequently asked questions
A pip is the smallest price movement in a currency pair. For most pairs, it’s 0.0001, while for JPY pairs it’s 0.01. It’s used to measure price changes and calculate profit or loss.
Pip value shows how much each price movement is worth based on your trade size. It helps you understand potential risk and reward before entering a trade.
Yes. Pip value varies depending on the currency pair, trade size, and your account currency, as well as current market exchange rates.
Yes. The calculator can be used for forex, metals like gold and silver, and other supported instruments, depending on your trading setup.
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