Free tools · pip value

Pip value and profit calculator

See how much one pip is worth for your lot size, and how much a trade makes or loses from entry to exit, for forex pairs, gold, silver, indices and crypto.

Direction
Contract details (check your broker's symbol specification)

In MetaTrader 5: right-click the symbol in Market Watch, then Specification. Use the contract size and digits shown there.

Profit / loss–
Move–
Pip value with your lots–
Pip value per 1 lot–

Runs in your browser; nothing you type is sent anywhere. For learning and planning only, not financial advice. Check your broker's contract specification before trading.

What a pip is worth

Pip value = pip size × contract size × lots, turned into US dollars. For pairs that end in USD (EUR/USD, GBP/USD, AUD/USD) one standard lot is worth $10 per pip, a mini lot (0.10) $1 and a micro lot (0.01) $0.10. For pairs like USD/JPY the value depends on the price, and for crosses like EUR/GBP on the rate of the second currency, which is why the calculator asks for it.

Profit and loss

Profit = (exit − entry) × contract size × lots for a buy, and the other way round for a sell. Example: buy 0.10 lot of EUR/USD at 1.0800 and sell at 1.0850. That is 50 pips × $1 = $50. The same move against you is a $50 loss.

Gold and indices

Gold moves in dollars per ounce: 0.10 lot (10 ounces) makes $10 for every $1 move. Index CFDs (NAS100, US30) count in points, and the value per point depends on your broker's contract size, so check it in Contract details.

Spreads, commissions and swaps are not included: your real result is a little lower.

Questions

How much is 1 pip on 0.01 lot?

On pairs that end in USD it is $0.10. On gold with a $0.10 pip it is $0.10 as well (1 ounce × $0.10).

Why is USD/JPY pip value not $10?

Because the profit is first in yen. 1,000 yen per pip per lot is turned into dollars at the USD/JPY price, so it is about $6.67 at 150.

Are commission and swap included?

No. Add your broker's commission per lot and the overnight swap to get the exact result.

Practise and trade with a plan

See fair value gaps, order blocks and liquidity drawn for you on live charts in ICC Charts, or train your eye in the free Chart Challenge game.

Open ICC Charts free → Play the chart game

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