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Pip Value Calculator

Calculate the monetary value of a pip for any forex pair and lot size.

Alex ThorntonVerified

CFA, CMT โ€” Chartered Financial Analyst & Chartered Market Technician

Former institutional trader with 15 years experience across equities, forex and derivatives. Now focused on financial education.

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About the Pip Value Calculator

A pip is the smallest standard price move in forex โ€” 0.0001 for most pairs, 0.01 for JPY pairs. Knowing pip value lets you correctly size positions.

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