Margin & Pip Calculator
Calculate your trading margins, pip values, and position sizes with accuracy using our smart calculator.
- Calculate required margin before placing a trade
- Find pip values for any currency pair
- Plan your trades with precision and control
How much is a pip worth?
Use this tool to calculate how much you will make or lose per pip on your chosen trade, plus how much margin to deposit.
Most Popular Markets
| Market | Buy | Pip Value | Required Margin |
|---|---|---|---|
| USD/CAD | 1.36778 | 0.07 | 5 |
| USD/JPY | 147.2 | 0.07 | 5 |
| EUR/USD | 1.16893 | 0.1 | 5.84 |
| GBP/USD | 1.34837 | 0.1 | 6.74 |
| AUD/USD | 0.6519 | 0.1 | 3.26 |
| CAD/JPY | 107.543 | 0.07 | 3.65 |
Neither NESTPIP.com nor its affiliates will be held responsible for the reliability or accuracy of this data. The service is provided in good faith; however, there are no explicit or implicit warranties of accuracy. The user agrees not to hold FOREX.com or any of its affiliates, liable for trading decisions that are based on the pip & margin calculators from this website.
What are pips and how do they work?
Pips are how you measure movement in a currency pair, standing for ‘point in percentage’. Sometimes, you might hear pips referred to as ‘points’. The value of a pip changes depending on the pair you are trading.
In most forex pairs, one pip is equal to a single-digit move in the fourth decimal place (0.0001). So it’s equivalent to 1/100 of 1%. For example, if EUR/USD moves from 1.1732 to 1.1737, it has gone up five pips.
In pairs including the Japanese yen (JPY), the second digit after the decimal is the pip. Here, a pip equals 1/10 of 1%.
Using these small units enables traders to profit from relatively small price movements.
How Does the Forex Pip Calculator Work?
The forex pip calculator works by multiplying the size of your position by the value of a single pip, then converting that figure into your chosen base currency.
It also calculates your total required margin by dividing the total size of your position by your chosen market’s margin factor.
Use the pip calculator to know exactly how much you’ll make or lose for each point of movement in your market – and how much margin you will need to open a trade.
Quick Pip Calculator
Input your position size and instrument to calculate potential profit/loss.