Pip Calculator
The Pip Calculator is a tool which will display the value of a pip for a selected currency pair, in respect of the base account currency and the current price of this currency pair at the trading platform.
How to use the Pip calculator:
- Select the instrument (i.e. EUR/USD) for which you are making the calculation.
- Enter the ask price of that instrument from your trading platform.
- Enter the position size in lots.
- Select the base currency of your trading account.
- You may also need to enter the current price of an instrument from your trading platform if your account currency does not match with the selected instrument.
[pip_en]