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Calculator

Pip value calculator

Work out what one pip is worth for any instrument, lot size and account currency.

Value of one pip
$10.00
Pip size
0.10000
Contract size
100 oz
Per 0.01 lot
$0.10

Quote-currency conversions use indicative demonstration rates.

Indicative data. Figures shown are demonstration values used to illustrate how these numbers work. They are not live quotes — always confirm in your trading platform.

How this calculation works

Pip value equals contract size multiplied by pip size multiplied by lot size, converted into your account currency.

Using the result

Treat the output as a planning figure. Live spreads, commission and swap on your own account change the final number, so confirm in your trading platform before you commit capital.