Size and cost
Pip value
What one pip is worth in the account currency. Example numbers are filled in so the arithmetic is visible. They are not live quotes.
- Pip value
- US$10.00
- In quote currency
- 10.0000 USD
- Units
- 100,000
- Pip size
- 0.0001
Formula. Pip value = pip size × contract size × lots. The quote currency is the account currency, so no conversion is applied.