Pip Value Calculator

How much is each pip worth?

This tool will help you determine the value per pip in your account 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 a Pip in Forex?

You’ve probably heard of the terms “pips,” “pipettes,” and “lots” thrown around, and here we’re going to explain what they are and show you how their values are calculated.

Calculating Position Sizes

Here are some examples on how to calculate your position size whether your account denomination is the same as the base currency or not.

What is a Spread in Forex Trading?

What is a “spread” when trading forex? And no, it’s not the kind of spread you use in sandwiches.

What is a Lot in Forex?

How many units of currency can we trade? What size positions can we trade and what are they called?

United States of America

Ever wonder why the dollar is called the “buck?” Wonder no more!

Low Leverage Allows New Forex Traders To Survive

The more leverage you use, the less breathing room you have for the market to move before you get a margin call. Here’s an example to illustrate.