forex

What Is a Pip?

Understand pip movement, pip value, and why contract size matters.

A pip is a standardized unit of price movement for a currency pair. Pip value depends on the pair, trade size, account currency, and quote currency. Calculator outputs are estimates and should be checked against broker contract specifications.

Not financial advice

Forex and commodity markets involve significant risk and may not be suitable for all investors. This website provides educational tools, market information, and AI-assisted summaries only. It does not provide investment advice, financial advice, directional trade instructions, or trade execution.