This exclusive Eurotrader trading tool will help you find the value per pip in the base currency of your choice.
Calculating the value per percentage in point (pip) is a must for your risk management strategy.
Disclaimer
Our calculators are designed for informational and educational purposes only. Therefore, they should not be considered as investment advice. Eurotrader advises readers to seek their own advice before making any investment decisions. Commission, interest, fees, and charges may apply to financial services. Under no circumstances shall Eurotrader be liable for the frequency of provision and accuracy of data linked to the use of the calculators.
Pips are the smallest incremental move, measuring the movement in the exchange rate between two currencies.
For instance:
Trading 1 lot of EURUSD using EUR as the deposit currency
Deposit currency: EUR
Currency pair: EURUSD
Pip amount: 1
Trade size (Lots): 1
Pip value in €: 8.5751
*The Pip Value is calculated as per the current conversion price of the currency pair.
Figure out which stop-loss and/or take-profit prices to set before activating the respective order.
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RISK WARNING:
Trading leveraged products such as Forex and CFDs may not be suitable for all investors as they carry a degree of risk to your capital. Please ensure that you fully understand the risks involved, taking into account your investments objectives and level of experience before trading, and if necessary, seek independent advice. Please read the full Risk Disclosure.
As part of our efforts to safeguard our clients, Eurotrader offers extra protection through Civil Liability Insurance, covering traders for up to €2,000,000.
Risk warning: FX and CFD trading involves a high risk of loss. You should consider whether you can afford to take the risk of losing your money.
Risk warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.