Forex Pip Calculator

The smallest standardized price move in a currency pair — 0.0001 for most pairs (EUR/USD), 0.01 for JPY pairs and metals (XAU/USD). Traders express P/L and stops in pips.

Pip value (quote currency) = pip size x units. 1 standard lot EUR/USD = 0.0001 x 100,000 = $10/pip. Multiply by the quote->account rate to convert to your account currency.

JPY pairs are quoted to 2 decimals — a 0.0001 move is too tiny. Convention is 0.01 per pip when JPY is the quote currency and also for XAU/USD and XAG/USD.

Yes, the Forex Pip Calculator is 100% free with no registration, no hidden fees, and no usage limits. All processing happens locally in your browser, ensuring complete privacy.

Absolutely. The Forex Pip Calculator processes everything client-side in your browser. No data is uploaded to or stored on any server. Your content remains private on your device at all times.

Yes, the Forex Pip Calculator is fully responsive and works on smartphones and tablets. You can use it on any device with a modern web browser -- no app download required.

No account or registration is needed. Simply open the Forex Pip Calculator in your browser and start using it immediately. There are no sign-up walls or usage restrictions.

The Forex Pip Calculator uses industry-standard formulas and algorithms to ensure accurate results. However, for critical financial or medical decisions, always consult a qualified professional.

Simply enter your input in the provided field, adjust any settings to your preference, and the tool will process it instantly. You can then copy the result to your clipboard or download it.

The Forex Pip Calculator works in all modern browsers including Chrome, Firefox, Safari, Edge, and Opera. For the best experience, use the latest version of your preferred browser.

Pip value scales directly with position size, because it equals pip size multiplied by total units. On a USD-quoted pair where one pip is 0.0001, a standard lot of 100,000 units is worth about $10 per pip, a mini lot of 10,000 units about $1, a micro lot of 1,000 units about $0.10, and a nano lot of 100 units about $0.01. So a 20-pip move costs roughly $200 on a standard lot but only $20 on a mini lot, which is why smaller lots suit smaller accounts. These figures assume a USD account on a pair quoted in dollars; with a different account currency the value shifts by the exchange rate. Select your lot type and pair in the calculator above to see the exact per-pip figure for your trade.

Gold trades as XAU/USD and uses a pip of 0.01, the same convention as JPY pairs, not the 0.0001 used for most currency pairs. The math is identical to forex: pip value equals pip size multiplied by total units, in the quote currency, which for XAU/USD is the US dollar. So a one-ounce contract of 100 units gives 0.01 x 100 = $1 per pip, and a 100-ounce position works out to $100 per pip. Silver (XAG/USD) follows the same 0.01 rule. Note that brokers define a gold lot differently from a 100,000-unit forex lot, so confirm contract size with yours before sizing, and remember that gold's larger daily ranges mean a single stop loss can span far more pips than a typical currency trade. Pick XAU/USD or XAG/USD from the pair list above, set your units and account currency, and the tool returns the gold or silver pip value instantly.

A pip is the standardized fourth decimal place on most pairs (0.0001) or the second decimal on JPY pairs and metals (0.01). A pipette, sometimes called a fractional pip, is one-tenth of a pip and appears as an extra fifth decimal on forex pairs or third decimal on JPY pairs. Many brokers quote fractional pricing like 1.10854, where the final 4 is the pipette. Pipettes give tighter, more precise pricing but do not change how you size a trade: profit, loss, and stops are still measured and calculated in whole pips. Pipettes mainly matter for spreads and slippage, where a tighter quote can shave a fraction of a pip off your entry cost. This calculator works in standard pips, so enter your stop and target in pips, not pipettes, to read risk and reward correctly. Choose your pair above and the tool applies the right pip size automatically for forex, JPY pairs, and metals.

Pip value is first found in the pair's quote currency, then converted to whatever your account is denominated in. If your account currency matches the quote currency, the conversion factor is 1 and no extra step is needed. If your account currency is the pair's base currency, you divide the quote-currency pip value by the current exchange rate. For any other combination, such as a EUR account trading USD/CAD, you supply a quote-to-account rate so the conversion stays accurate. The tool supports USD, EUR, GBP, JPY, AUD, CAD, and CHF accounts and shows the pip value in both the quote currency and your account currency side by side. Because the conversion depends on a live rate, the per-pip figure in your account currency shifts as the market moves, so use a current quote for accurate sizing. Pick your account currency above, and if a cross rate is needed the calculator prompts you for it.

Risk-to-reward compares what you stand to lose against what you aim to gain on a single trade. When you enter a stop loss and take profit in pips, the calculator multiplies each by your account-currency pip value to show the cash risk and reward, then divides take profit pips by stop loss pips to get the ratio. A setup of 1:2 or better is widely treated as healthy, and the tool flags it as such, because a 1:2 trade only needs to win roughly a third of the time to break even. Tighter ratios like 1:1 demand a much higher win rate to stay profitable, while a 1:3 setup can stay net positive even if most trades lose. The ratio depends only on your pip distances, not lot size, so it is identical whether you trade a micro or a standard lot. Add your stop loss and take profit in pips above to see the risk, reward, and R:R ratio for your exact position.