Input panel
Try an example
Result appears here
Enter values above, then calculate. Use the output to inspect the assumptions—not to predict a return.
Tool / forex maths
Forex pip calculator
Use this simple forex pip calculator to explore how a pip move changes with lot size. Because pip values depend on the pair, quote currency, contract size and account currency, this tool asks you to enter the pip value per standard lot instead of pretending one formula fits every pair.
Runs in your browserNo account · No API key
local only
How to use it
Numbers are clearer when the assumptions are visible.
Start with the default example. Change one input at a time and notice which part of the result moves. Then read the explanation below before using any real-world number.
- Use your account currency consistently.
- Include costs and uncertainty outside the simple model.
- Verify the product’s own contract or fee rules.
Quick answer
The short answer
Multiply pips by the pip value per one lot and the number of lots. Use a pip value in your account currency and check the pair’s contract specification.
Input reference and starting values
| Input | Meaning | Starting value |
|---|---|---|
| Pip movement | Pips | 25 |
| Pip value per standard lot | Account currency per pip | 10 |
| Lots | Standard-lot equivalents | 0.1 |
Why pip value needs a convention
A pip is a price increment, but its cash value depends on the amount traded. A standard lot may be 100,000 base-currency units, while a mini or micro lot is smaller. The value also changes when the quote or account currency differs and when exchange rates move.
This calculator keeps the input visible: you supply the pip value per standard lot from a reliable specification, then scale it by lots. That makes the assumption easier to audit.
Working modelGross pip result = pips × pip value per standard lot × lots
Use the result inside a complete risk plan
If the result for a 30-pip stop is 45 in account currency, that is the estimated loss at the chosen lots before spread, commission, slippage and rollover. Compare it with the cash risk budget, then confirm the broker’s contract rules.
Do not choose lots only because the margin requirement looks small. Notional exposure and the adverse move to invalidation remain the central questions.
In practice
Check the assumed pip value
Ten pips at an assumed $1 per pip is $10 for that specific position size and account currency. Ten pips at $10 per pip is $100. The calculator uses a value you supply; it does not fetch live broker specifications.
Verify the pair's pip convention, lot contract and any conversion into your account currency. For the bid/ask cost question, read the separate forex spread example.
Primary references
Continue with original sources.
These links provide definitions and current context. Product rules, regulation and network details can change, so verify time-sensitive information at the source.
Common questions
Before you move on
Is the default pip value accurate for every pair?+
No. The default is only an illustrative input. Check your pair, account currency and contract specification.
Does the result include spread?+
No. It estimates a gross pip move only. Add spread, commission, funding and slippage separately.
Can I calculate yen pairs with it?+
Yes, if the pip value input matches the pair’s pip convention and account currency.
Continue this topic
Choose the next useful step
- Forex spread cost explained with a pip example
See how bid and ask prices create an approximate spread cost, with a pip-value worksheet and limits for different currency pairs.
- Pips, spread and lots: the forex vocabulary
Learn what a pip is in forex, how spread affects a trade and how lot size changes the cash value of a currency move.
- Forex for beginners: read a currency pair
Understand currency pairs, bid and ask prices, sessions, pips and the risk controls every forex beginner should learn first.