How much money will 1 pip give you?

Can anyone tell me how to calculate how much money 1 pip will give you? I know it depends on each currency, but could you show me a few examples with the majors?

thanks

Try "pip calculator" in Google.

andersenws

Not being familiar with the "Pip Calculator" I would say this...

It depends on the "Contract Size" you are Trading.

Take a $10.00 / Pip as an example.

EUR/USD
Full Contract Size = 100,000 USD
EUR/USD trades to the 4th Decimal Place {1.3240}

The Math...
If I have $100,000.00 {1 Full Contract} worth of Euros and I bought them at $1.0000 each, If the Euro moves to a value of $2.0000 USD then I have doubled the value of my asset. It now has a value of $200,000.00 on the open market.

Let's be realistic.
I'm not looking for a 10,000 pip move {1.0000 to 2.0000 = 10,000 pips} on the EUR/USD, I'm only looking for, hopefully, 100 pips. So how much is ONE PIP WORTH?

The Facts...
I hold a contract saying I control a Long Position of $100,000.00 USD worth of Euros.
If the EUR/USD moves from 1.3240 USD to 1.3241 USD, I have gained $0.0001 / Euro. BUT I control 100,000 of them...
100,000 x 0.0001 = 10 {or $10.00 /Pip}.

So, to reiterate, it depends on the contract size and to what decimal place the vehicle trades. Complicated I know, but important to understand.

hth.

So bemac what your sayin is that it doesnt really matter which currecny pair im trading. It has to do with the size of my contract and how many decimal places each currency has.

You said to calculate the pip value for EURUSd is:
100,000 x 0.0001 = 10 {or $10.00 /Pip}.

So that means that the pip value for USDJPY (being 2 decimal places) is:

100,000 x 0.01= 1000 (or $1000.00 / pip)

That doesnt make sense to me

Ok, I'll elaborate on my way.

1. Go to www.google.com
2. type in "pip calculator"
3. Click on any of the first three links (best one is the third)
4. Boom, self-exlpanatory from there.

You can pretty much type any term or word into google and it will give you what you're looking for.

andersenws

No...$100,000 x 0.01 = 1000 JPY / pip

USD/CAD.....$100,000 x 0.0001 = 10 cad / pip
USD/CHF.....$100,000 x 0.0001 = 10 chf / pip
EUR/GBP....Eur 100,000 x 0.0001 = 10 gbp /pip

etc etc

USD/JPY:

119.80
.01 divided by exchange rate = pip value
.01 / 119.80 = 0.0000834

This looks like a very long number but later we will discuss lot size.

USD/CHF:

1.5250
.0001 divided by exchange rate = pip value
.0001 / 1.5250 = 0.0000655

USD/CAD:

1.4890
.0001 divided by exchange rate = pip value
.0001 / 1.4890 = 0.00006715

Well there is a really easy way to see what 1 pip is worth.
Next time you have a position open have a look at the current profit/loss amount and the number of pips moved - divide the P/L by the pips, and divide again by your lot size (in numbers of standard lots) and that is what 1 pip is worth. It is best to try this when the price is not moving around much, although there are tricks to capture the action if you are techie enough.

If you have a USD denominated account, and open a trade in GBP vs EUR you will find that 1 pip is worth more than $10.

Oanda has a free pup calculator under tools. It will give you the value based on contract size.

Pup=Pip sorry

Which one will be third (or occupy any other specified position) will vary according to both your location and your browser history - this is just how Google works.

It depends on your trading lot size! If you use 10 lots size then you’ll get 10$ per unit! By the way, I use a fixed trading lots size here and it is 1$! So for me, usually per lots means 1$! Actually, I have selected this trading lot size based on my trading equity!

Depends on your trading size - google forex position size calculator to help you with your positions sizes prior to entering a trade.

When I use 1 lots size then it produces to me 1$ in per pip! Yes, usually I use 1 lots size in my trading! But when I do reversal trading only then I use .50$ trading lots size!

1 pip sounds very minor.
But it can b a big deal when there is high lot size.

Many posts are assuming each pip is worth the same value from pair to pair, which is incorrect. This site has a calculator you can use. Use the drop down menu to find your pair, base currency, and base lot size, then put the volume at "1" and click on calculate. It is rounding the pip value, but it is close enough.

https://www.xm.com/forex-calculators...rex-calculator

I use this indicator. It tells you the spread and the value of one pip.

Actually the value of one pip is calculated usually depends on how much is the lot size however those who really wishes to earn money should focus on earning pips because at the end of day the more pips that you had earned are actually the amount of money which is actually being made by the said trader so keep trying your luck on earning as much pips as you can.

Thanks you very much for adding this tool; it’s very much useful.