Forex Pip Calculator
Count the pips between two prices and convert them into profit or loss.
Please note: Forex trading carries a high risk of loss, amplified by leverage. Exchange rates must be entered manually — no live market data is used.
What the Forex Pip Calculator does
Pips measure price movement in a standard unit so trades across different pairs can be compared. Multiply the pip count by your pip value and you have the profit or loss in your account currency.
Formula
Long pips = (Exit − Entry) ÷ Pip sizeShort pips = (Entry − Exit) ÷ Pip sizeP&L = Pips × Pip value
Inputs explained
| Input | Unit | Required | Notes |
|---|---|---|---|
| Direction | one of 2 options | Yes | — |
| Entry price | number | Yes | Accepts more than 0. |
| Exit price | number | Yes | Accepts more than 0. |
| Pip size | one of 3 options | Yes | — |
| Trade size (lots) | number | Yes | Accepts more than 0. |
| Lot type | one of 4 options | Yes | — |
| Quote → account currency rate | number | Yes | Accepts more than 0. |
| Currency | one of 10 options | Optional | — |
How to use it
- Choose Direction and Pip size.
- Enter Entry price, Exit price, Trade size (lots) and Quote → account currency rate.
- Select Calculate.
Worked example
Buy EUR/USD at 1.0850, sell at 1.0925, one standard lot.
- Direction
- Buy
- Entry
- 1.0850
- Exit
- 1.0925
- Lots
- 1
(1.0925 − 1.0850) ÷ 0.0001 = 75 pips × $10 = $750 profit.
Frequently asked questions
How many pips is a typical daily range?
Major pairs often move 50–100 pips a day, though this varies with volatility and news. Yen pairs and exotics can move considerably more.