Trade cost planning
Pip Value Calculator
Estimate how much a one-pip move is worth for your position size. This makes stop losses, spreads, and small market moves easier to judge before a trade is placed.
Trading involves risk. Calculator results are estimates based on the values you enter; spreads, commissions, swaps, slippage, contract specs, and broker execution can change the real outcome.
Pip Value Calculator
Estimated pip value
$10.00
Use pip value with your stop size to estimate risk before placing a trade.
Calculate lot sizeWhat pip value means
Pip value is the cash value of one pip for your position size. If EURUSD has an estimated pip value of $10 at one standard lot, a 20-pip move is about $200 before spreads, commissions, and slippage.
The number becomes especially useful when you compare instruments. A gold trade, a EURUSD trade, and a JPY pair can all have different pip behavior, so the same lot size does not always feel the same in the account.
Common examples
| Instrument | Typical pip size | One standard lot example |
|---|---|---|
| EURUSD / GBPUSD | 0.0001 | About $10 per pip |
| USDJPY | 0.01 | Changes with the USDJPY rate |
| XAUUSD | 0.1 in this calculator | About $10 per pip with a 100-ounce contract |
| XAGUSD | 0.01 in this calculator | About $50 per pip with a 5,000-ounce contract |
How to use it before trading
Multiply pip value by the stop size to estimate the money at risk. If a 35-pip stop is worth more than you planned to lose, reduce the lot size or skip the trade.
Also compare pip value with spread. A spread that looks small on the chart can still be expensive when the position size is too large.
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Before using the number
Use the calculation before comparing strategies
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