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Forex Pips Value - How Much is Your Expected P/L?

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You can use this tool to know how much the dollar value for each pip. Just enter the size of the trading volume (lots) in the column provided, then click "calculate". You will be provided with pips values of different currency pairs in Standard, Mini, and Micro measurements.

 

Forex Pips Value

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Pair Price Standard Mini Micro Value
AUD/CAD 0.8694 $7.33 $0.73 $0.07 $0.00
AUD/CHF 0.5735 $11.12 $1.11 $0.11 $0.00
AUD/JPY 95.43 $6.68 $0.67 $0.07 $0.00
AUD/NZD 1.0799 $5.90 $0.59 $0.06 $0.00
AUD/USD 0.6375 $10.00 $1.00 $0.10 $0.00
CAD/JPY 109.77 $6.68 $0.67 $0.07 $0.00
CHF/JPY 166.41 $6.68 $0.67 $0.07 $0.00
EUR/AUD 1.6586 $6.38 $0.64 $0.06 $0.00
EUR/CAD 1.4419 $7.33 $0.73 $0.07 $0.00
EUR/CHF 0.9511 $11.12 $1.11 $0.11 $0.00
EUR/GBP 0.8685 $12.18 $1.22 $0.12 $0.00
EUR/JPY 158.28 $6.68 $0.67 $0.07 $0.00
EUR/NZD 1.7910 $5.90 $0.59 $0.06 $0.00
EUR/USD 1.0574 $10.00 $1.00 $0.10 $0.00
GBP/AUD 1.9098 $6.38 $0.64 $0.06 $0.00
GBP/CHF 1.0952 $11.12 $1.11 $0.11 $0.00
GBP/JPY 182.25 $6.68 $0.67 $0.07 $0.00
GBP/USD 1.2176 $10.00 $1.00 $0.10 $0.00
NZD/JPY 88.37 $6.68 $0.67 $0.07 $0.00
NZD/USD 0.5904 $10.00 $1.00 $0.10 $0.00
USD/CAD 1.3636 $7.33 $0.73 $0.07 $0.00
USD/CHF 0.8995 $11.12 $1.11 $0.11 $0.00
USD/JPY 149.69 $6.68 $0.67 $0.07 $0.00

Additional FAQ

easyMarkets does. The only 1 pip fixed spread currently applies for USD/JPY on the MT4 platform only.

Continue Reading at 1 Pip Fixed Spread Forex Brokers: Are There Any?

The reason is, obviously, because it will be easier to calculate a 1 pip flat rate during fast-paced trading activities.

Continue Reading at 1 Pip Fixed Spread Forex Brokers: Are There Any?

Let's say you want to trade USD/CAD at a broker that provides four-digit quotes. Suppose the exchange rate for USD/CAD is 1.0200. It means that a change of 1 pip means a change of 0.0001 CAD. So, the dollar value per pip per unit traded:

= (0.0001 CAD) x (1 USD/1.0200 CAD)
= (0.0001 CAD/1.0200 CAD) x 1 USD
= 0.0009804 USD per unit

Therefore, if you trade 1 mini lot in the USD/CAD pair (1 mini lot = 10,000 USD), then the dollar value per pip is approximately 0.98 USD.

Continue Reading at Forex Trading: 10 Things Beginners Must Know

Some brokers may offer fixed spread accounts, but they cannot guarantee a 1 pip fixed spread on all forex pairs as the market changes from time to time.

Continue Reading at 1 Pip Fixed Spread Forex Brokers: Are There Any?