Free trader tool
Pip Calculator
Work out pip value, pips gained or lost, and your exact profit or loss in dollars for any trade — across forex, indices, gold and crypto. Enter your position size, entry and exit and get the numbers instantly.
- Value per pip
- $10.00
- Pips moved
- +50
- Position notional
- ≈ $110,000
Know your P&L before you trade — then prove the setup.
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Backtest it free →How to calculate pip value and profit
A pip is the standard unit a price moves — 0.0001 on most forex pairs, 0.01 on JPY pairs, and one point on indices, gold and crypto. Your profit comes down to three things: how many pips price moved in your favour, how big your position is, and what each pip is worth.
The formula is: Pip value = pip size × contract value × position size. Multiply that by the pips you gained or lost and you have your profit or loss. The calculator handles the pip size and contract value for every instrument — including the way yen-pair pip values shift with the rate — so you just enter your size, entry and exit.
Why pip value matters
The same 30-pip move is a rounding error on a micro lot and a serious swing on ten standard lots — pip value is what turns "pips" into actual money. Knowing it before you enter tells you exactly what a stop-out costs and what a target pays, which is the foundation of sizing every trade to a fixed risk.
It also stops the classic mistake of comparing pips across instruments. Fifty pips on gold and fifty pips on EURUSD are completely different amounts of money — only the dollar P&L is comparable. Get in the habit of thinking in dollars, not pips, and your risk management gets a lot sharper.
Frequently asked questions
What is a pip?
A pip is the smallest standard price increment for an instrument — 0.0001 on most forex pairs, 0.01 on yen pairs, and one point on indices, gold and crypto. It's how traders measure and compare price moves.
How do I calculate profit in forex?
Multiply the pips you gained by your pip value (pip size × contract size × position size). A 50-pip win on one standard lot of EURUSD is 50 × $10 = $500. The calculator does this for any instrument and position size.
How much is a pip worth?
On a standard lot (100,000 units) of a USD-quoted pair, one pip is about $10; on a mini lot $1; on a micro lot $0.10. On yen pairs the pip value shifts with the exchange rate, and on indices, gold and crypto it depends on the contract — the calculator works it out for your exact trade.
Is the pip calculator free?
Yes — completely free, no signup, no limits.
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<iframe src="https://crtlab.pro/embed/pip-calculator" width="100%" height="720" style="border:0;max-width:720px" title="Pip Calculator by CRTLAB" loading="lazy"></iframe>Pips are theory until you've traded them.
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