A pip calculator helps you quickly determine how much profit or loss you'll make from a trade. Instead of calculating manually, just enter your currency pair, position size, and entry/exit price — the calculator does the work.
What is a Pip?
A pip (percentage in point) is the smallest price movement in forex. For most currency pairs, 1 pip = 0.0001. For JPY pairs, 1 pip = 0.01.
Using the BrokersDB Pip Calculator
- **Step 1:** Go to BrokersDB Pip Calculator
- **Step 2:** Select your currency pair (e.g., EUR/USD)
- **Step 3:** Enter your position size (e.g., 1 lot)
- **Step 4:** Enter your entry price (e.g., 1.0850)
- **Step 5:** Enter your exit price (e.g., 1.0900)
- **Step 6:** Click "Calculate" → See your profit/loss in USD (or your account currency)
Real Example
**Scenario:** You bought 1 lot of EUR/USD at 1.0850, and you're selling at 1.0900.
- Price movement: 50 pips (1.0900 - 1.0850)
- Pip value for 1 lot EUR/USD: $10 per pip
- Total profit: 50 pips × $10 = **$500**
Use the pip calculator **before** you enter a trade. It helps you visualize your potential profit/loss and decide if the risk/reward makes sense.
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