Pip Value Calculator

Choose the instrument, account currency and lot size below to calculate the value of each pip or point.

How to use the Pip Value Calculator

Choose the instrument, account currency and lot size. Where required, enter the current market price or conversion rate. The calculator then estimates the monetary value of each pip or point for the selected position size.

How Pip Value Works

Pip value shows how much a one-pip movement is worth for a given position size. The value changes with lot size and can also vary with the instrument and account currency. Knowing pip value helps you understand the monetary impact of price movement before placing a trade.

Pip Value Example

If one pip is worth £10 for your chosen position size, a 20-pip move would represent £200 before trading costs. If the pip value is £1, the same 20-pip move would represent £20.

Use the result alongside your planned trade size and exit levels to understand how price movement could affect the monetary outcome of the trade.

You can also use the Position Size & Lot Size Calculator to plan trade size and the Profit / Loss Calculator to estimate the result of a completed or planned trade.