PIP
Calculator
Find out the value of
pips for the currency
pair you are trading
Never enter a trade of the wrong size again!
Manage your risk per trade with our FXTM pip-size calculator. Use our simple yet
powerful tool to work out your exact pip risk-to-reward ratio for each trade.
Pip calculators explained
Pip stands for point in percentage and
measures the movement in the exchange rate
between the two currencies.
So, how do I find a pip? Here is how...
In most forex currency pairs, one pip is on the
4th decimal place of the Forex pair (0.0001),
meaning its equivalent to 1/100 of 1%.
For JPY pairs, one pip is on the 2nd decimal
place of the Forex pair, so the second digit
after the decimal point is the pip. Pip stands
for point in percentage and measures the
movement in the exchange rate between the
two currencies.
So, how do I find a pip? Here is how...
In most forex currency pairs, one pip is on the
4th decimal place of the Forex pair (0.0001),
meaning its equivalent to 1/100 of For JPY
pairs, one pip is on the 2nd decimal place of
the Forex pair, so the second digit after the
decimal point is the pip.
What is a pips worth?
Still not sure what the true value of a pip is? Learn more by watching this short video.
EXPERT TRADER
Start trading with
No one makes it easier, open an account or try our
demo account to get started while you build your skills.
Explore more calculators to
help in your trading
journey
Daily Market Analysis
Markets news and insights from
our expert team to help you
make those important trading
decisions.
Daily Market Analysis
Markets news and insights from
our expert team to help you
make those important trading
decisions.
Daily Market Analysis
Markets news and insights from
our expert team to help you
make those important trading
decisions.
Daily Market Analysis
Markets news and insights from
our expert team to help you
make those important trading
decisions.
Combine the power of
MetaTrader with Demo
Trade on-the-go, wherever you are.
Need some help?
Reach out to our Customer Support team
who will be more than happy to answer your
questions.
FAQ
Awards
