Pip Calculator
Investing in assets such as stocks, bonds, cryptocurrencies, futures, options, and CFDs involves considerable risks. CFDs are especially risky with 74-89% of retail accounts losing money due to high leverage and complexity. Cryptocurrencies and options exhibit extreme volatility, while futures can also lead to significant losses. Even stocks and bonds can depreciate quickly during market downturns, and total loss can ensure if the issuing company fails. Furthermore, the stability of your broker matters; in case of bankruptcy, the presence of an effective investor compensation scheme is crucial for protecting your assets. It's vital to align these investments with your financial goals and if needed, consult with financial professionals to navigate complex financial markets.
Read more about us ⇾We earn commissions from some affiliate partners at no extra cost to users (partners are listed on our ‘About Us’ page in the ‘Partners’ section). Despite these affiliations, our content remains unbiased and independent. We generate revenue through banner advertising and affiliate partnerships, which do not influence our impartial reviews or content integrity. Our editorial and marketing teams operate independently, ensuring the accuracy and objectivity of our financial insights.
Read more about us ⇾![](/Content/dist/social/avatars/zc34d2mcbtj.jpg)
![](/Content/dist/images/icons/CaretDown.png)
![](/Content/dist/social/avatars/zc34d2mcbtj.jpg)
Beyond my professional endeavours, I am deeply passionate about researching the financial industry and brokers. Drawing from my extensive experience in trading, including personally investing all of my savings in the capital markets, I am committed to making the complexities of personal investing accessible to everyone.
![](/Content/dist/social/avatars/ht1yaarkviz.jpg)
![](/Content/dist/images/icons/CaretDown.png)
![](/Content/dist/social/avatars/ht1yaarkviz.jpg)
I am the Director/Owner of Excel Markets Inc. (Regulated by the US National Futures Association)
I am an NFA Associate Member with a Series 3 and 34 license.
![](/Content/dist/social/avatars/5fdqt32nhlh.jpg)
![](/Content/dist/images/icons/CaretDown.png)
![](/Content/dist/social/avatars/5fdqt32nhlh.jpg)
Having previously worked with multiple CFD brokers in Cyprus, I maintain a strong commitment to staying current with industry trends. My analytical skills are pivotal in recommending tailored trading solutions that align with clients' specific needs and investor profiles.
![](/Content/dist/images/icons/CaretDown.png)
Data is continually updated by our staff and systems.
Last updated: 13/06/2024
Units per 1 lot vary on non-forex pairs, please check with your broker
In MT4 and MT5 right click a symbol and then click Specification. The Contract Size field tells how many units are in one lot.
View image
What are pips in forex?
A pip in forex means the smallest price change a currency pair can make, except for fractions of a pip or 'pipettes'.
For most currency pairs 1 pip is 0.0001; for currency pairs with the Japanese Yen, such as USD/JPY, 1 pip is 0.01. When trading metals, 1 pip for Gold and Silver is 0.01.
When the EUR/USD moves up from 1.0925 to 1.0926, the change is 1 pip. With 5-digit pricing, if the EUR/USD moves up from 1.09255 to 1.09260, the move would be half a pip.