What is forex Pip calculator?

Forex Pip Calculator displays the value per pip in your account’s base currency for all major currency pairs in various lot sizes.

What is pip value in AUD/USD?

For example, if you are buying the EUR/AUD from a U.S. denominated brokerage account, the value of each pip of the EUR/AUD would be different based on the price of AUD/USD at that moment. If the price of AUD/USD is at 0.7500 and you are trading 1 mini lot (10,000 units) of EUR/USD, pip value would be $0.75.

How do I convert pip value to currency?

Depending on your account base currency, you would need to convert the pip value accordingly. Pip Value = (1 pip / Quote Currency Exchange Rate to Account Currency) * Lot size in units For example, the pip value of EURUSD is $10 per pip with a standard lot size and a USD account: Pip Value = (0.0001 / 1)*100000 = $10.

How does AXI Pip calculator work?

How does our pip calculator work? To calculate the value of a pip, the Axi pip calculator multiplies one pip (usually 0.0001) by the trade size (in lots), and dividing this by the real-time market rate of forex pair. The pip size is 1, that is, one pip is one AUD of the AUS200 price.