Calculate pip values for 40+ forex pairs including majors, minors, exotics, plus Gold (XAU) and Silver (XAG) trading. Features live market rates, position sizing tools, and support for all lot sizes.
Calculate pip values and position sizes for forex trading
A pip (Point in Percentage) is the smallest price move in a currency pair. For most pairs, it's the 4th decimal place (0.0001), except for JPY pairs where it's the 2nd decimal place (0.01).
Pip Value = (Pip in decimal places × Trade Size) / Exchange Rate. For USD quoted pairs, it's simply Pip × Trade Size.
Use pip values to calculate position sizes. Divide your risk amount by (pip value × stop loss in pips) to get optimal lot size.
Understanding pip values helps you manage risk effectively by knowing exactly how much each pip movement affects your account.
Learn from practical pip value examples across different currency pairs and lot sizes. Click any example to load it into the calculator above.
Most liquid currency pair with tight spreads. Ideal for day trading with realistic 15-pip targets during trending sessions.
Gold trading with smaller lot sizes due to high volatility. Typical swing trade targets in the precious metals market.
Cross pairs with moderate position size for breakout trades. Higher pip values with realistic breakout targets.
Higher volume scalping with JPY pairs. Larger positions for quick 8-pip targets during active trading sessions.
100 units
Perfect for beginners and micro accounts. Minimal risk exposure.
1,000 units
Great for small accounts and learning position sizing.
10,000 units
Good balance between risk and profit potential.
100,000 units
Professional trading size. Higher profit/loss potential.
Common questions about forex pip calculations, position sizing, and currency trading
Still have questions?
Our pip calculator helps with position planning, but combine it with our position sizing and risk management calculators, then take your trading to the next level with our AI-powered Infinity Algo indicator for TradingView. Perfect for forex, crypto, and metals trading.