Forex Pip Value Calculator
Convert a one-pip move into money for your position size, then compare that exposure with your trading budget.
Value per pip
US$10.00
Illustrative inputs, not Vantage pricing. A pip is conventionally 0.0001 for most forex pairs and 0.01 for JPY pairs. A platform point is not always a pip. Use the symbol specifications, not its displayed decimal count alone.
Formula and worked example
Pip value = lots × units per lot × pip size × quote-to-account conversion.
For EUR/USD, 0.1 lots × 100,000 units × 0.0001 gives USD 1 per pip. With an illustrative USD-to-GBP rate of 0.8, that is GBP 0.80 per pip.
Educational source: FXCM: calculating pip value. Examples are illustrative, not broker quotes.
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