Pip Value

Pip value depends on lot size, the pair traded, and the account currency. For a 1-lot EURUSD trade with a USD account, one pip is worth $10. For a mini lot, $1; for a micro lot, $0.10. Pip value is the bridge between technical analysis (pip-based stops) and risk management (dollar-based risk per trade). Position size = (risk per trade) ÷ (stop distance in pips × pip value). A free pip-value calculator is essential for any trader sizing positions on non-USD-quoted pairs.