Tools · free
Pip Value Calculator
What one pip is worth on your forex position. Pick a lot size, set the pip size, and (if your account currency differs from the pair's quote currency) add the conversion rate.
Estimate only, not financial advice.
Run it on your real trades
SignalDeck computes all of this automatically from your journaled trades — R-multiple, expectancy, SQN, Kelly, drawdown. Free during beta.
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FAQ
What is a pip?
A pip is the standard smallest price move in forex — 0.0001 for most pairs, or 0.01 for JPY pairs. Pip value is how much one pip is worth on your position: pip size × position size (in units), expressed in the quote currency.
How do I convert pip value to my account currency?
If the pair's quote currency equals your account currency (e.g. EUR/USD for a USD account), pip value is already in your currency. Otherwise multiply by the quote→account exchange rate — enter it in the optional field.