Pip value calculator

What one pip, one point and a full 1.00 price move are worth in dollars — for every lot size.

lot
Exchange rates used (non-USD quotes)
Asset1 pip =Per pipPer pointPer 100 pips
Metals
XAUUSDcontract 1000.1$10.00$1.00$1,000.00
XAGUSDcontract 5,0000.01$50.00$5.00$5,000.00
Forex · Majors
EURUSDcontract 100,0000.0001$10.00$1.00$1,000.00
GBPUSDcontract 100,0000.0001$10.00$1.00$1,000.00
AUDUSDcontract 100,0000.0001$10.00$1.00$1,000.00
NZDUSDcontract 100,0000.0001$10.00$1.00$1,000.00
USDCADcontract 100,0000.0001$7.25$0.72$724.64
USDCHFcontract 100,0000.0001$12.50$1.25$1,250.00
USDJPYcontract 100,0000.01$6.33$0.63$632.91
Forex · Minors
EURGBPcontract 100,0000.0001$13.26$1.33$1,326.00
EURAUDcontract 100,0000.0001$6.98$0.70$698.00
EURNZDcontract 100,0000.0001$5.62$0.56$562.00
EURCADcontract 100,0000.0001$7.25$0.72$724.64
EURCHFcontract 100,0000.0001$12.50$1.25$1,250.00
EURJPYcontract 100,0000.01$6.33$0.63$632.91
GBPAUDcontract 100,0000.0001$6.98$0.70$698.00
GBPNZDcontract 100,0000.0001$5.62$0.56$562.00
GBPCADcontract 100,0000.0001$7.25$0.72$724.64
GBPCHFcontract 100,0000.0001$12.50$1.25$1,250.00
GBPJPYcontract 100,0000.01$6.33$0.63$632.91
AUDNZDcontract 100,0000.0001$5.62$0.56$562.00
AUDCADcontract 100,0000.0001$7.25$0.72$724.64
AUDCHFcontract 100,0000.0001$12.50$1.25$1,250.00
AUDJPYcontract 100,0000.01$6.33$0.63$632.91
NZDCADcontract 100,0000.0001$7.25$0.72$724.64
NZDCHFcontract 100,0000.0001$12.50$1.25$1,250.00
NZDJPYcontract 100,0000.01$6.33$0.63$632.91
CADCHFcontract 100,0000.0001$12.50$1.25$1,250.00
CADJPYcontract 100,0000.01$6.33$0.63$632.91
CHFJPYcontract 100,0000.01$6.33$0.63$632.91
Crypto
BTCUSDcontract 11$1.00$0.010$100.00

Pip value is the step before the lot size. Turn it into a position size for your risk and stop in one go.

Lot size calculator →

How pip value is worked out

Pip value = Pip size × Contract size × Lots
If the price is quoted in yen, divide by the USDJPY rate to get dollars.

Any pair that ends in USD (EURUSD, GBPUSD, AUDUSD, NZDUSD, XAUUSD) has a fixed pip value in dollars, because the profit is already paid in dollars. Yen pairs change slightly with USDJPY: at 150, one pip on one lot is 1,000 yen ÷ 150 = $6.67.

Cross pairs without the dollar (EURGBP, GBPJPY, AUDCAD…) are converted through the quote currency, using the latest GBPUSD, AUDUSD, NZDUSD, USDJPY, USDCAD and USDCHF prices from our live feed. Type your broker's rate into the panel above if you want its exact figures.

Pip or point?

MT5 measures in points — the smallest price step the broker quotes. On 5-digit forex pairs a pip is 10 points (0.0001 vs 0.00001). On gold, most traders count 0.10 as a pip and 0.01 as a point, so a 1.00 move is 10 pips or 100 points.

Questions

How much is 1 pip on gold?

With 1 lot = 100 ounces and 1 pip = 0.10, one pip on XAUUSD is $10 per lot, $1 on 0.10 lot and $0.10 on 0.01 lot. A full 1.00 move in gold is $100 per lot.

How much is 1 pip on EURUSD?

$10 per standard lot (100,000 units), $1 per mini lot (0.10) and $0.10 per micro lot (0.01). It is the same for every pair that ends in USD.

How much is a $1 move on Bitcoin worth?

On most MT5 brokers one lot of BTCUSD is one bitcoin, so a $1 move is $1 per lot, and a $1,000 move is $1,000 per lot. Some brokers use smaller contracts — check the symbol's Specification.

For education only. Values assume a US dollar account and the most common contract sizes; your broker's specification may differ.