Pip Value Calculator

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.

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

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

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

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.