Configure Trade

Pip Value

EUR/USD
$10.00
per pip
Lot Size 1.00 standard lot
Contract Size 100,000 units
Pip Size 0.0001
Account Currency USD

Risk / Reward

-$300.00
Stop Loss Risk
+$600.00
Take Profit
1 : 2.0
Risk : Reward
90 pips
Total Range

What is a Pip?

A pip is the smallest price move in a forex quote. For most pairs it's the fourth decimal place (0.0001). For JPY pairs, it's the second decimal place (0.01).

Standard Lot Sizes

Standard lot = 100,000 units. Mini lot = 10,000 units. Micro lot = 1,000 units. Nano lot = 100 units. Each affects your pip value proportionally.

Float It

Click the PiP Mode button in the nav to detach a mini calculator that floats above everything. Browse charts, read news, and calculate risk simultaneously.

◆ PiP Calculator
$10.00
per pip • SL -$300 / TP +$600