Trading Calculator
Work out pip value and required margin before you open a trade, so you size positions with confidence.
Pip & Margin Calculator
Adjust the inputs below. Results update instantly.
Estimates only, based on standard contract sizes. Always confirm exact specs on your platform before trading.
Understanding Pip Value & Margin
A quick primer so you can use the calculator with intent, not guesswork.
What is a pip?
A pip is the smallest standard price move in a currency pair, usually the fourth decimal place (0.0001), or the second decimal (0.01) for JPY pairs. Traders use pips to measure how far price has moved.
How is pip value calculated?
Pip value = pip size × contract size × lots. If the quote currency is not USD, that figure is converted using the current exchange rate.
How is margin calculated?
Margin is the capital set aside to open a leveraged position: (lots × contract size × price) ÷ leverage. Higher leverage lowers margin but increases risk.
Why size matters on funded accounts
Prop evaluations enforce daily loss and overall drawdown limits. Oversizing turns a normal stop into a hard breach. Use this calculator so every trade fits your risk rules before you click buy or sell.
Leverage vs risk
Leverage only changes how much margin is locked. Your P&L in dollar terms still depends on lot size and pip movement. Treat leverage as a margin tool, not a reason to trade bigger.
This calculator is for informational purposes only and does not constitute financial advice. Trading involves risk. Always confirm contract specifications on your trading platform.
