A Pip Calculator in trading is a tool used to determine the monetary value of a pip (percentage in point) in a trade, which is essential for risk management and position sizing in forex trading.
Forex, Crypto, Indices, Metals & Coin Pip Calculator
✅ Features:
- Supports all major and exotic Forex pairs, Cryptocurrencies, Indices, and Commodities
- Enter lot size, currency pair, and price to get real-time pip value
- Calculates pip value in USD or quote currency
- Works for standard, mini, and micro lots
- Fully responsive, fast, and mobile-friendly
- No registration required – use instantly
📈 What Is Pip Value?
A pip (percentage in point) is the smallest price movement in a trading pair. Knowing its dollar value helps you:
- Determine position sizing
- Estimate potential profit/loss
- Control risk exposure
📌 Example:
If you're trading 1 lot of EUR/USD, and the pip value is $10, a 20-pip move equals $200 gain or loss. The calculator makes this easy to figure out.
💡 Pro Tip: Combine this with our Position Size Calculator for powerful risk management in your trading strategy..