Pip value

Pip value

With a similar contract, the Pip don't have the same value on every currency pairs. the formula is:

S: Size of the contract
dPIP: pip definition (0.0001, 0.001...)
XXX: the first currency
YYY: the second currency

the value of the Pip for the pair XXXYYY = S*dPIP*YYYUSD

The following table is updated in realtime.

Calculate the value of pips / $

Pip Value