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Forex Pip Value Calculator

Calculate the pip value of any forex pair at any lot size in your account currency. Supports JPY pairs, XAU, XAG, and cross-currency accounts.

Worked examples

Apply a preset and tweak the inputs below.

Base: EUR, Quote: USD.

Pip size

0.0001 for most pairs, 0.01 for JPY-quoted pairs, 0.01 for XAU, 0.001 for XAG. Use Custom for non-standard increments.

Trade size

1 standard lot = 100,000 units of the base currency.

The currency the pip value should be expressed in.

Needed when the account currency equals the base currency (price converts pip value from quote to base). Used for notional sizing in other cases.

Quick pip reference

Standard pip values for one standard lot (100,000 units of the base currency) when the account currency equals the quote currency.

Most majors (0.0001 pip)10.00 quote / std lot
JPY-quoted (0.01 pip)1,000 JPY / std lot
XAU/USD (0.01 pip)1.00 USD per oz
XAG/USD (0.001 pip)0.005 USD per oz
1 standard lot100,000 base units
1 mini lot10,000 base units
1 micro lot1,000 base units
1 nano lot100 base units
1 pip on 1 mini lot1/10 of one std-lot pip

How to use

  1. Pick the currency pair you trade, or choose Custom and paste a pair like USD/CNH or XPD/USD.
  2. Leave Pip size on Auto for the standard pip for that pair, or switch to Custom to enter a broker-specific value.
  3. Choose Lots and pick standard, mini, micro, nano, or a custom per-lot unit count, or switch to Units of base for raw sizing.
  4. Set your account currency. If it matches the quote currency the conversion is automatic; if it matches the base currency, enter the current pair price; otherwise enter the quote-to-account cross rate.
  5. Optionally enter stop-loss and take-profit distances in pips to see the dollar risk, dollar reward, and reward-to-risk ratio for the trade.
  6. Copy the pip summary to drop into a trading journal, broker note, or Discord trade idea.

About this tool

Forex Pip Value Calculator computes what one pip is worth, in your account currency, for any forex pair at any trade size. Pick a major like EUR/USD, a JPY-quoted pair like USD/JPY or GBP/JPY, a cross like AUD/NZD, or paste a custom pair (the tool also handles metals such as XAU/USD and XAG/USD), then choose between standard, mini, micro, and nano lots (100,000, 10,000, 1,000, and 100 units of the base currency) or enter a raw unit count for brokers that allow arbitrary sizing. The math is the standard forex formula: pip value in the quote currency equals the pip size times the number of base units, and the tool then converts that figure into your account currency using the right path. If your account currency matches the quote currency the conversion is the identity. If your account currency matches the base currency the pip value is divided by the current pair price. If your account currency is a third currency, you supply the cross rate from the quote currency to the account currency, and the tool applies it. JPY-quoted pairs use a pip of 0.01, most other pairs use 0.0001, XAU/USD uses 0.01, and XAG/USD uses 0.001 by default; a Custom pip size override lets you handle exotic instruments and broker-specific quoting. An optional trade simulator turns stop-loss and take-profit distances expressed in pips into account-currency loss and reward figures and reports the reward-to-risk ratio so you can size a setup before placing it. Useful for retail forex traders working out the cash value of a stop on a particular pair, day traders sizing risk on JPY crosses, gold traders converting ounces to pip math, journal entries that record dollar risk per pip, and anyone learning how lot size, pip size, and account currency interact. The calculator runs entirely in your browser. No live prices are fetched, no broker connection is required, and the values you type never leave your device.

Free to use. Works in your browser. No signup, no login.

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