How do I calculate pip value?

Our Pip Value Calculator will help you determine the value per pip in your trading account’s currency so that you can better manage your risk per trade. All you need is the currency your account is denominated in, the currency pair you are trading, your position size, and the exchange rate asked to calculate the pip value.

What is the pip value of USD/AUD?

If you are trading the USD/AUD and your account is AUD, the pip value is AUD10 (NOT USD) for a standard lot (100,000 units). When our account currency is different than the quote currency in the pair, 10 in the quote currency needs to be converted to our own account currency. This means the pip value will be different than 10.

How many pips in USDCAD?

The pip size of USDCAD is 0.0001, so with the current USDCAD price of 1.35857, the digits 57 represents 5.7 pips.

How do I use the forexchurch Pip calculator?

If you are trading a standard lot, input 100,000 or if you are trading a mini lot, simply input 10,000 - or any amount you wish! Once you input the amount you are trading or want to trade, the ForexChurch Pip Calculator will show a list of currency pairs with the pip value as well as the lot sizes for Standard, Mini, and Micro lots!