Forex Pip Value & Lot Size Calculator

Know what each pip is worth and how many lots to trade for your risk.

Pip value—
Pip size—
Units—

Lot size from risk

Position size—
Amount at risk—

⚠️ For education only — not investment advice or a recommendation to buy or sell any security. Trading involves risk of loss. Verify charges and prices with your broker.

How to use the Forex Pip & Lot Size Calculator

  1. Choose the currency pair and your account currency.
  2. Enter the current price and your trade size in lots.
  3. For risk-based sizing, enter account balance, risk % and stop-loss in pips.

Pip value formula

Pip value = Units × Pip size (in quote currency) × conversion to account currency

A pip is 0.0001 for most pairs and 0.01 for JPY pairs. One standard lot = 100,000 units, a mini lot = 10,000 and a micro lot = 1,000. For EUR/USD with a USD account, 1 standard lot = $10 per pip.

Lot size from risk

Lots = (Balance × Risk%) ÷ (Stop-loss pips × Pip value per lot)

Frequently asked questions

What about gold (XAU/USD)?

Brokers define gold contracts differently; this calculator uses 1 lot = 100 ounces and a pip of 0.01. Check your broker’s contract specifications.

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