Pip Value Parameters
Pip Value Results
$0.00
Per Pip Value
$0.00
10 Pip Move
$0.00
50 Pip Move
$0.00
100 Pip Move
Understanding Pip Values
What is a Pip?
A pip (Percentage in Point) is the smallest price move in a currency pair. For most pairs, it's the 4th decimal place (0.0001), but for JPY pairs, it's the 2nd decimal place (0.01).
Pip Value Formula
For XXX/USD pairs:
Pip Value = (Pip Size / Exchange Rate) × Lot Size × Account Currency Rate
For USD/XXX pairs:
Pip Value = Pip Size × Lot Size