The pip calculator is a must have tool for any serious trader. In order to be able to manage risk more effectively and trade with more accuracy, you must know how to determine the value per pip in your base currency.
All that is needed from you are your position details, including your base currency, the currency
pair you are trading on, the exchange rate, and the position size. Once all fields are filled in,
simply click on “Calculate” and we will do the rest for you.