Pip value and lot size calculator
Choose your account currency and the pair, then your risk and your stop. The calculator gives the value of one pip and the lot size that keeps the loss at your stop within that risk. It runs in your browser: nothing is sent anywhere.
Approximate results. Each broker has its own lot sizes, pip conventions and minimum size, and spreads, commissions and slippage are not included. You type every price yourself: this page never shows market data. Trading with leverage involves a significant risk of loss. Education only, not financial advice.
Position size
0.50 lots
50,000 units
- Amount at risk
- 100.00 USD
- Risk with this size
- 100.00 USD
- Pip size
- 0.0001
- Pip value, 1 lot
- 10.00 USD
- Pip value, 0.1 lot
- 1.00 USD
- Pip value, 0.01 lot
- 0.10 USD
How it works
A pip is the fourth decimal of most pairs (0.0001), and the second for pairs quoted in Japanese yen (0.01). One standard lot is 100,000 units of the first currency of the pair, so one pip on a standard lot is worth 10 units of the second currency.
When the second currency of the pair is not your account currency, that value has to be converted. That is why the calculator sometimes asks for a price: type the one shown on your platform at the moment you trade.