How do I calculate pip value?

Our Pip Value Calculator will help you determine the value per pip in your trading account’s currency so that you can better manage your risk per trade. All you need is the currency your account is denominated in, the currency pair you are trading, your position size, and the exchange rate asked to calculate the pip value.

What is the pip value of AUD/CAD?

If your account currency is the euro, and you want to know the pip value of the AUD/CAD, remember that for a person with a CAD account, a standard lot would be CAD$10 for this pair. Convert that CAD$10 to euros by dividing it by the EUR/CAD rate. If the rate is 1.48132, the standard lot pip value is EUR6.75.

How many pips in USDCAD?

The pip size of USDCAD is 0.0001, so with the current USDCAD price of 1.35857, the digits 57 represents 5.7 pips.

How do I use the forexchurch Pip calculator?

If you are trading a standard lot, input 100,000 or if you are trading a mini lot, simply input 10,000 - or any amount you wish! Once you input the amount you are trading or want to trade, the ForexChurch Pip Calculator will show a list of currency pairs with the pip value as well as the lot sizes for Standard, Mini, and Micro lots!