Pip Calculator
Calculate pip value for any forex pair based on lot size and exchange rate.
Frequently Asked Questions
What is a pip?
A pip (Percentage in Point) is the smallest price move in a forex pair. For most pairs, it is 0.0001 (the 4th decimal place). For JPY pairs, it is 0.01.
Why does pip value matter?
Knowing pip value helps you calculate potential profit/loss per trade and determine appropriate position sizes for your risk tolerance.
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