Pip Value Calculator for Forex and Cryptocurrency Pairs

The smallest unit of price change on Forex is a pip, or, in other words, the last digit in the quote.

This value is quite important, as it often measures the speed of price movement and defines the parameters of trading strategies.

You can calculate the value of a pip on Forex either manually or using a special calculator.

The latter option is obviously preferable, as it allows you to quickly calculate and also review other parameters for the entered currency pair.

How to use the point value calculator and what does it show?

This tool is often called a trader's calculator because, in addition to the value of a Forex pip, it displays a wealth of other useful data:

Such as:

Contract size – in other words, the lot size for the selected asset, which is also quite useful information.

Point value – depending on the trade volume you intend to open, as these two parameters are closely related.

Spread – the amount you must pay when opening a position. A useful feature is that the spread is specified in both pips and the account currency. This means you will know how much you will have to pay in dollars when opening a new order.

Swap – the fee for carrying positions over to the next day, depending on the trade direction, again in pips and the account currency, taking into account the selected volume.

Margin – the amount required to maintain a position of a given size with the used leverage.

Point Cost Calculator Settings

Everything is more than simple here; from the drop-down menu, simply select parameters such as instrument, lot, leverage, and currency:

After clicking on the “Calculate” button, the necessary information will be displayed to you.

• Instrument – ​​a currency or cryptocurrency pair used in settlements.
• Lot – the size of the planned Forex transaction.
• Leverage – the leverage that is set on your account.
• Currency – the account currency, which is quite an interesting point since the account currency may not be in US dollars.

It's also worth noting that the pip calculator calculates the commission, spread, and swap depending on the RoboForex account type.

You can use the pip calculator on this broker's website: https://ru.roboforex.org/

You can also use a similar tool on our website: http://time-forex.com/kalkulytor-treydera In addition to the assets listed above, it includes metals, securities, and futures.