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Pip value calculator
Pip Value Calculator
Pip value tells you how much money you gain or lose when price moves 1 pip. It’s what turns “30 pips stop loss” into a real number in your account currency.
Use the calculator first for a quick estimate. Then scroll down to understand what changes pip value and how to size a trade based on risk.
Pip value (money per pip)
- Pair matters: different quote currencies can change the result
- Size matters: bigger lots = bigger money per pip
- Account matters: your balance currency affects the final “€ per pip”
- Practical rule: set risk first, then calculate the lots that fit your stop
If you know your money per pip, you stop guessing your risk.
Pip Value Calculator (estimate)
Pip value is how you translate “pips” into real money. It tells you what 1 pip is worth for your lot size and pair — so you can stop guessing risk.
Use the calculator first, then read the quick logic below to understand what changes pip value (and why it isn’t always the same across pairs).
Inputs
- Quote currency: second currency in the pair (EURUSD → USD)
- Rule: pip value is computed in quote currency, then converted to your account currency
- Cross-currency: manual conversion appears only when needed
Results
Risk quick helper
“Risk first. Lots second. Everything else becomes easy.”
Estimates only. Your broker’s contract size and rounding rules may differ.
Pip value explained (beginner definition)
Pip value is the monetary value of a one-pip move for your specific trade size (lot size) and currency pair.
It changes when you change lot size, and it can also change depending on the pair and your account currency.
What determines pip value?
- Currency pair: e.g., EUR/USD vs USD/JPY
- Lot size: micro 0.01, mini 0.10, standard 1.00
- Your account currency: EUR, USD, GBP, etc.
How to use pip value in real trading
Pip value is the missing link between “price distance” and real money. If you know your pip value, you can plan risk first, then choose a position size that actually fits your stop loss.
- Step 1: decide your risk per trade (e.g., €25).
- Step 2: choose a stop loss distance that makes sense for your setup (e.g., 30 pips).
- Step 3: size the trade so that pip value × stop pips ≈ your risk.
- Reality check: spreads and slippage can slightly change the final number, so leave a bit of margin.
Your strategy tells you where the stop goes — pip value tells you how big the trade can be.
Quick example (logic, not perfection)
- Bigger lot size: each pip is worth more money.
- 30-pip stop loss: your risk is roughly pip value × 30 (plus a small cost from the spread).
Common beginner mistakes
- Setting lot size first: and hoping the risk will be “okay”.
- Ignoring pip value changes: it depends on the pair and your lot size.
- Forgetting the spread: you start slightly negative on entry.
What to do next
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