Try an example
Enter values above, then calculate. Use the output to inspect the assumptions—not to predict a return.
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.
Enter values above, then calculate. Use the output to inspect the assumptions—not to predict a return.
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.
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.
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.
No. The default is only an illustrative input. Check your pair, account currency and contract specification.
No. It estimates a gross pip move only. Add spread, commission, funding and slippage separately.
Yes, if the pip value input matches the pair’s pip convention and account currency.