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Pip Value Calculator

Before you can work out a profit or a loss, you need to know what a single move is worth in dollars at your size. This is the atom every other calculation is built from.

Instrument

Press Calculate to see the result for this balance.

Lot size and reinforcementsWhat size do I open at my balance, and how do I add?Drawdown recoveryWhat gain do I need to get back to where I was?Size from stop lossWhat size if I will only risk 1%?Compound growthWhere does my balance end up if I withdraw half?If the market goes against youWhere is my account after a 10% adverse move?

How it is worked out

Pip value = point size × the broker's contract size × number of lots. On gold: a full lot is 100 ounces, so a $0.01 move in price is $1 per full lot.

One thing to watch

Brokers do not agree on what a pip is. A common default is filled in for each instrument, but it is **editable**, because yours may differ. Check your broker's contract specification before relying on the figure.

Calculators