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Pip calculator

Calculate the pip differences across all financial trading instruments with our free pip calculator. Estimate your trade's potential profit or loss before you enter positions.

Calculator

Contract size = -

Pip size = -

Effective Leverage = -

Point size = -

Results

Pip value

$

How to calculate pip values

This means that for every pip movement of EUR/GBP, your profit or loss (PnL) will change by USD 3.28. ‍ Note: These values are approximate and may vary based on the leverage set for your account and the specific asset being traded.

Formula

Pip value USD: Pip size* x Lots x Contract size x QTE/USD*

*QTE/USD is the conversion rate from the quote currency (QTE), referred to as the "Profit Currency" in MT5, to USD.

Example

You are trading 0.25 lots of EUR/GBP, with a GBP to USD conversion rate of 1.31386.

The calculation would be:

This means that for every pip movement of EUR/GBP, your profit or loss (PnL) will change by USD 3.28.

Note: These values are approximate and may vary based on the leverage set for your account and the specific asset being traded.

How to use the Deriv pip calculator

  1. Select trading instrument

    Choose your trading instrument, from Forex, Stocks, Commodities, Crypto, and more.

  2. Enter position size

    Input your trading volume in lots. You can also edit the asset price to tailor the calculation to your trading strategy.

  3. View results

    See pip value for your selected trading instrument.

Why use Deriv’s pip calculator

The pip calculator helps you understand how pip movement affects your trade size, risk level, and potential profit.

Protect your capital

Know how much each pip is worth so you can size your trades according to your strategy.

Set better risk levels

Use pip values to place stop-loss and take-profit points that match your risk tolerance.

Track potential profit

Calculate how much you stand to gain or lose from a trade based on pip movement.

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Your questions answered

A pip (percentage in point) is a unit used to measure price movement in trading. In forex, it's typically: 0.0001 for most currency pairs (e.g. EUR/USD) 0.01 for JPY pairs (e.g. USD/JPY) In other markets, such as commodities, indices, crypto, and stocks, the term "pip" may be used more loosely to refer to: A point or tick in price movement A decimal place change (depending on the asset and platform)
Use the pip calculator before placing a trade to measure price movement, calculate pip value, and plan your stop-loss or take-profit levels accurately.
Yes, our calculator supports Forex pairs, Stock CFDs, Commodities, Cryptocurrencies, and Stock Indices available on Deriv MT5.
In Stock CFD trading, a pip represents the minimum price change for the underlying asset, typically 0.01 for US stocks, while Forex pips are standardised at 0.0001 for most pairs.
Yes, the calculator handles Crypto CFDs with appropriate pip sizes. Bitcoin typically uses 1.00 per pip, while smaller cryptocurrencies may use smaller increments.
For major Crypto pairs, 1 pip may represent a 1.00 or 0.01 move depending on the instrument. Our calculator handles this automatically.

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