Use this free forex pip value calculator to estimate profit or loss from the pip value shown for your broker and the lot size you traded. For XAUUSD, pip conventions and contract sizes vary; use the dedicated gold pip calculator to convert a price move into broker-defined pips.
Forex Pip Calculator is part of the free Aurex Trader calculator suite — 23 browser-based tools for gold (XAUUSD) and forex traders. Nothing is installed, no account is required, and every calculation runs locally in your browser.
Formula: P/L = Lot Size × Broker Pip Value per Lot × Pips Moved Example: 0.10 lot EURUSD × 20 pips → pip value $1 × 20 = $20 profit or loss.
For a standard 1.00 lot on any USD-quoted major (EURUSD, GBPUSD, AUDUSD), 1 pip = $10. On a 0.10 lot it's $1, and on a 0.01 lot it's $0.10. JPY pairs are approximately $9.09 per pip on 1 lot depending on the USDJPY rate.
Use your broker's XAUUSD pip value per lot and your lot size. On a 100-ounce contract, a $0.01 pip is about $1 per pip per 1.00 lot, while a $0.10 pip is about $10. Use the dedicated XAUUSD Pip Calculator to convert a gold price move into pips.
JPY pairs are quoted to 2–3 decimals (e.g. 150.25) instead of 4–5, so 1 pip = 0.01 movement. The USD value of that pip depends on the current USDJPY rate — we approximate at $9.09 per lot which stays close for USDJPY between 105–120.
First decide your dollar risk (Position Size Calculator), then divide by pip value to get maximum SL in pips. Example: $100 risk ÷ $10 pip value (1 lot) = 10-pip stop loss.