Find the exact cash value of a single pip for any pair and lot size. Know what you are risking before you click buy.
A pip is the smallest standard price move. For most pairs it is the fourth decimal (0.0001); for yen pairs it is the second (0.01). The cash value of one pip is simply the pip size multiplied by the number of units you trade, converted into your account currency.
Pip value = pip size × units × (quote→account rate). On a standard lot of a non-JPY pair, one pip is 10 units of the quote currency. This calculator does that maths for you.
Pip value turns an abstract "20 pip stop-loss" into a real number of dollars, rupiah, or naira at risk. Pair it with the position size calculator to size every trade properly.
Risk warning. Trading forex and CFDs carries a high level of risk and may not be suitable for everyone. You can lose more than your initial deposit. Past performance is not indicative of future results. PipHarbour publishes educational content only and does not provide financial, investment, or tax advice. Always trade with money you can afford to lose.