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Pip Calculator
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The pip value calculator helps you to calculate the value of each position in the currency you want to trade in. This information is very important in determining if a trade is worth the risk and in managing your risk more efficiently. All you have to do is enter your selected currency pair, your trade size, the currency your trading account is denominated in and click ‘Calculate’ to determine the value of each pip.
Usually, Forex pairs have a pip equal to 0,0001 (exception - Japanese pairs which have a pip equal to 0,01). Therefore, here pip value is calculated using the following formula: Pip / Market Price x Lot x Contract Size.
Pip (in Forex) - the second last digit after the decimal point
Market Price - is the current price applicable to your position's direction for the purposes of closing it
Lot - the MetaTrader volume of your position
Contract Size - is the actual number of units of an asset in your position
Instrument
Account currency
Volume (lots)
PIP value:
The calculators are supplied by TeleTrade as auxiliary tools serving informational purposes solely. Data for the calculations is sourced from TeleTrade's trading servers and there could be delays before it appears on the website. Due to the possible feed delay and the rounding of values, the displayed calculation results may deviate from the actual parameter values applicable in the market.
We are ready to assist you in every step of your trading experience
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Risk Warning: Trading Forex and CFDs on margin carries a high level of risk and may not be suitable for all investors. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75.19% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Prior to trading, you should take into consideration your level of experience and financial situation. TeleTrade strives to provide you with all the necessary information and protective measures, but, if the risks seem still unclear to you, please seek independent advice.
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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75.19% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
