📊 Forex Pip Calculator

Calculate pip value and spread costs for your trades.

How to Use the Pip Calculator

  1. Select your currency pair from the dropdown
  2. Choose your lot size (0.01 = micro, 0.1 = mini, 1.0 = standard)
  3. Enter the spread in pips (check your broker’s typical spread)
  4. Click Calculate to see your results

What is a Pip?

A pip (Percentage in Point) is the smallest price move in forex trading. For most currency pairs, it’s the 4th decimal place (0.0001). For JPY pairs, it’s the 2nd decimal place (0.01).

Why Calculate Pip Value?

Knowing your pip value helps you:

  • Manage risk — Set appropriate stop-loss levels
  • Calculate position size — Based on your risk tolerance
  • Compare brokers — Lower spread = lower trading cost

Looking for a broker with competitive spreads? UZFX offers tight spreads on major pairs with a minimum deposit of just $50.