What is forex Pip calculator?

Forex Pip Calculator displays the value per pip in your account’s base currency for all major currency pairs in various lot sizes.

What is the pip value for a lot of EUR/USD?

So, the pip value for a 0.10 lot of EUR/USD, with a market rate of 1.21580, on a EUR trading account, is currently €0.8225. Traders should note that for trading accounts in other base currencies, such as GBP or AUD, pip values can vary, depending on the current market rate for the GBP/USD, or AUD/USD, for example.

How does AXI Pip calculator work?

How does our pip calculator work? To calculate the value of a pip, the Axi pip calculator multiplies one pip (usually 0.0001) by the trade size (in lots), and dividing this by the real-time market rate of forex pair. The pip size is 1, that is, one pip is one AUD of the AUS200 price.

How much is a 10 pips stop loss?

For example, if you set a stop loss of 10 pips for your trade, this could mean $100 or $1000 loss, depending on the lot size you are trading. Keep in mind that the value of pip will always differ for the different currency pairs, depending on the quote currency.