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Market Data Tools

Pip Calculator

The calculator works out the cash value of each pip of movement in a market given a trade size. For example, if you are trading EUR/USD on a USD account, and your trade volume is 2 lots (200K), then each pip of price change is worth $20.

You choose your deposit currency, the market you are trading, and a trade volume which can be entered either a number of lots, such as 0.40, or as a notional value, such as 40,000. The calculator then shows the pip size for that market, such as 0.0001 or 0.01, and the profit/loss which you will see from each pip of movement in the market's price.

Pip Calculator in your MT4 or MT5

Boost your trading with the Pip Calculator indicator for MT4 or MT5 – plus a suite of powerful tools! Discover everything the App Suite has to offer!

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