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| Updated:
| Updated:
Values
Results
| Metric | Value |
|---|---|
| Standard Lot | $0.00 |
| Mini Lot | $0.00 |
| Micro Lot | $0.00 |
| Pip Value | $0.00 |
A pip is the standard “step” a forex price moves – usually 0.0001 for most pairs, and 0.01 for JPY-quoted pairs (like USDJPY).
Select the pair, enter the current price, choose your account currency, and (if needed) add the quote → account exchange rate so the pip value can be converted to your account currency. Set your trade size in lots and the number of pips, then calculate to see values for a standard, mini, and micro lot, plus the pip value for your chosen lot size.
This is handy for quickly estimating how much you gain/lose per pip before placing a trade.