- Pip Calculator
- Currency Converter
- Margin Calculator
- Classic Account
- Razor Account
- VIP Account
How it works
PIP (Point in Percentage) measures the currency fluctuation rate of currency pairs. It represents the one-hundredth of 1% and appears in the fourth decimal point, i.e., 0.0001. The PIP calculator takes trade size, currency pair, and base currency as input to calculate the value of a pip.
To calculate a PIP, select the currency pair you are trading, trade size in lots, and your account currency. The Forex pip calculator instantly calculates the exact pip value helping you understand how price movements affect your trade.
Pip Calculation Formula:
Pip value = (1 pip / Exchange rate) * Lot size
Example
- 1 Pip 0.0001
- Base Currency EUR
- Currency Pair EUR/USD
- Exchange Rate 1.11094 (EUR/USD)
- Lot Size 1 Lot (100000 EUR)
Pip value = (0.0001/1.11094) * 100000 = € 9.001
Frequently Asked Question
What is a Fractional PIP or a Pipette?
What is ‘Lot’ in Forex Trading?
Why is it Important to Know the PIP Value?
Is the Value of PIP Different For Each Currency Pair?
How does a Pip Calculator help in trading?
Realtime Market Updates at your Fingertips
Cryptocurrency
Cryptocurrency Outlook and Upcoming Trends and Expectations
Cryptocurrency, a digital form of currency secured by cryptography, has revolutionized the financial landscape since the emergence of Bitcoin in 2009. Its decentralized nature and blockchain technology have sparked global interest and debate.
October 8, 2024 10 mins
Trading Mistakes
October 8, 2024 3 mins
Trading Pitfalls: Common Mistakes and How to Avoid Them
Forex trading refers to the buying and selling of financial instruments such as stocks, currencies, commodities, bonds, and indices to profit from fluctuating prices. But does it always bring profit? Let's find out!
Forex Trading
October 8, 2024 5 min
Managing Forex Trading in an Inflationary Environment
In this always-processing world of forex trading, inflation plays a significant role in shaping market dynamics. It is known to be an important economic factor that influences the value of currencies used in the foreign exchange market.....
Forex Trading
October 3, 2024 10 min read
How Artificial Intelligence has Transformed the World of Forex Trading
Artificial intelligence (AI) has transformed several industries, and forex trading is no exception. The foreign exchange (forex) market, the world's biggest and most liquid market, attracts millions of traders...
Unlock Your Trading Potential Today