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Pip value calculator

What one pip is worth at your position size — in the quote currency, and in your account currency once you supply the rate.

Per pip (quote ccy)
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Per pip (account ccy)
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Per 10 pips (quote)
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The account-currency figure needs a conversion rate, which this page asks you for rather than guessing. No live rate is fetched and nothing is sent anywhere.

The arithmetic

value per pip (quote currency) = pip size × units
value per pip (account currency) = value in quote ÷ rate

One standard lot of EURUSD is 100,000 units. At a pip size of 0.0001 that is $10 per pip — and since the quote currency is already USD, a dollar account needs no conversion.

USDJPY is the case people get wrong. The pip is 0.01, not 0.0001, so 100,000 units gives ¥1,000 per pip. That is a yen figure: to see it in dollars, divide by the USDJPY rate.

Why "pip" is not a settled word

On four-decimal pairs everyone agrees: 0.0001. Almost everywhere else the term drifts. Brokers quoting a fifth decimal call that last digit a pipette, a tenth of a pip. On gold, some platforms call 0.01 a point and others call a whole dollar a pip — a hundredfold difference, which is a large mistake to make while sizing a position.

Before you rely on any pip figure, including this one, check what your own platform means by the word.

Sizing is the easy half

The harder question is whether the setup is worth taking. Live Market AI reads trend, momentum, market structure and key levels on the market and timeframe you pick, and publishes tracked signals — followed to their result, wins and losses alike.

Other free tools

Position size calculatorHow much to trade so a stop costs a fixed amount. Risk / reward calculatorYour ratio, and the win rate it needs to break even. Compound calculatorWhat a rate compounds to over a number of periods.

Live Market AI provides market data, technical analysis and AI-assisted research. It is not financial advice and no result is a promise of profit. Trading carries risk, including the loss of your capital. livemarketai.com