How do I calculate the value of a pip?
0.0001 or 0.01 x notional value (depends on the currency – 4th decimal for 5 decimal currencies and 2nd for 3 decimal currencies)
Example: 1 lot of EUR/USD
0.0001 x 100,000 (1 lot= 100,000) = 10 USD.
Alternatively, you can find the value of a pip using our Pip Calculator.
Pip value is always denominated in the quote currency. You can find all information on our Contract Specifications page.