See what one pip is worth for your lot size, and what any price move means in dollars, on forex pairs, gold, silver, indices and crypto. Free, no signup.
1 pip is worth
$1.00
100 pips is worth
$100.00
1 pip per 1.00 lot
$10.00
Results are in US dollars. Pip values for pairs not quoted in dollars, such as USD/JPY, move with the exchange rate, and index and crypto contract sizes vary by broker, so check your platform's contract specification.
Pip value = pip value per standard lot × your lot size. The profit or loss of a trade is that number times the pips it moved, so a bigger lot makes every pip worth more.
Knowing the pip value tells you what a stop loss will cost before you take the trade. To choose the lot size from your balance and risk, use the lot size calculator. To check a whole signal, paste it into the signal checker, or read the pips and lots guide.
Pip value = pip value per standard lot × your lot size. On EUR/USD one standard lot is worth $10 a pip, so 0.10 lots is worth $1 a pip and 0.01 lots is worth $0.10 a pip.
This calculator uses $0.10 per pip on gold, the unit most gold signals use, so one standard lot (100 oz) is worth $10 a pip. A gold move from 4,000 to 4,010 is 100 pips. If your broker counts gold in points ($0.01), divide its number by 10.
100 pips on gold is a $10 price move. At 1.00 lot that is $1,000, at 0.10 lots it is $100, and at 0.01 lots it is $10.
On most forex pairs a pip is the fourth decimal (0.0001) and a point is one tenth of a pip (0.00001). MetaTrader often shows points, so a 200-point stop on EUR/USD is 20 pips.