Pip value for a standard lot: what one pip costs in your account currency
One pip on a standard lot is not the same on every pair. Enter your pair's numbers and see the pip and a move against you in your own currency.
How it works: one pip on one lot is the pip size times the units. That number is in the quote currency, the second one in the pair. To get it in your account currency, divide by the quote currency per 1 account currency. If the quote currency is your account currency, that number is 1. The loss is figured before the pip value is rounded, so it can differ by a cent from the rounded pip value times the pips.
A pip is not always a dollar amount
On EUR/USD with a dollar account, a standard lot is $10 a pip. On USD/JPY, a pip is paid in yen. The yen is turned into dollars at the price. That is why a lot of the same size can be worth a different amount per pip on a different pair. See pip and standard lot.
Check the loss first
A 25 pip move on one lot is $250. Ten lots is $2,500. Do this math before you press buy. Related: pip vs point vs tick and the pip value calculator.
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