Pip Calculator — Enter Contract and Currency Inputs
Use the actual contract pip size and value per lot in the currency you select. Four USD forex references default to $10 per pip per 100,000-unit lot; other cases require your checked value.
What value should I enter?
Enter the value of one selected pip for one lot in the chosen account currency. Confirm the contract and conversion basis with your provider. The currency selector labels your supplied value; it does not fetch a rate or convert a USD constant.
How does the arithmetic work?
For a hypothetical 0.50 lot and EUR9.20 per pip per lot, one pip is EUR4.60 and ten pips are EUR46. Price-distance profit is signed price change divided by the entered pip size, multiplied by the pip value and volume. Quoted spread cost uses ask minus bid on that same basis.
What is excluded?
Commission, swap, gaps, execution differences and actual contract/volume validation. Recorded reference constants and spread examples are illustrative, not current quotes. A quoted spread estimate is not total trading cost.
Frequently asked questions
Does selecting EUR automatically convert the pip value?
No. Enter the actual pip value per lot in EUR. A different currency clears the default value instead of displaying an unchanged USD amount as converted money.
Can I use a metal or index contract?
Enter that exact contract’s pip size and value per lot in the selected currency. No universal gold or index contract value is assumed.
Are these current quotes or guaranteed losses?
No. No live rates or execution are provided. Invalid or missing inputs return no result; price-distance and quoted spread estimates exclude other costs.