Pip Calculator - Blackswan Fx

Pip Calculator

Easily manage your trade risk like a pro by calculating the pip value in your desired currency. No more manual calculations, focus on trading.

What Are pips?

Pip is short for “percentage in point” and is employed in computing the difference in value between two currencies. Traders in the Forex industry worldwide express their gains and losses by the number of pips their position increases or decreases!

 

How Does The Pip Value Calulator Work?

To calculate a pip, you multiply the trade-in lots by one pip in decimal form and divide by the current exchange rate of the quote currency in your pair. While trading, you may encounter the term pipette, which is one-tenth of a pip. Traders occasionally use fractional pips to more accurately measure changes in forex rates.

 

Let’s calculate together. Input your account currency, the currency pair being traded, and transaction size (in lots) to determine the pip value of your position.

 

What Is a Pip Calculator?

A pip calculator is a tool used in Forex trading to determine the value of a pip based on various parameters such as currency pair, lot size, and current market price. It helps traders calculate the potential profit or loss on a trade and manage risk by allowing them to adjust their position size accordingly. The calculator considers the pip value for the base currency of the account and calculates it in the quote currency, providing traders with accurate calculations of their potential earnings or losses. By utilizing a pip calculator, traders can make more informed decisions and minimize the risks associated with trading in the Forex market.

 

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We're always happy to talk. Use the bottom right corner of this page to contact our live chat team, or click the button below to send us an email!

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Need more help?

We’re always happy to talk. Use the bottom right corner of this page to contact our live chat team, or click the button below to send us an email!

 

We're always happy to talk. Use the bottom right corner of this page to contact our live chat team, or click the button below to send us an email!

Sign up for Competitions!

Your chance to win a free 100k funded account, drop your email!