Pip & Tick Value Calculator
What one pip is worth per lot for the three kinds of forex pair, and what a tick or a point is worth for the popular CME, NYMEX, COMEX and CBOT contracts and their micros.
Forex results (account currency USD)
| Units traded | 100,000 |
|---|---|
| Pip value Per pip, for the size above. | $10.0000 |
| 10 pips | $100.00 |
| Lot | Units | Pip value |
|---|---|---|
| Standard (100,000) | 100,000 | $10.0000 |
| Mini (10,000) | 10,000 | $1.0000 |
| Micro (1,000) | 1,000 | $0.1000 |
Futures results (ES)
| Tick size | 0.25 |
|---|---|
| Tick value | $12.50 |
| Ticks per point | 4 |
| Point value (1 contract) | $50.00 |
| 10 points = ticks | 40 |
| 10 points × 1 contracts | +$500.00 |
Every input is in the URL, so anyone opening this link sees the same numbers.
How it's calculated
Standard, mini and micro lots are 100,000, 10,000 and 1,000 units. JPY pairs use a pip size of 0.01 instead of 0.0001.
| Pip value, XXX/USD | pipSize × units |
|---|---|
| Pip value, USD/XXX | pipSize × units / rate |
| Pip value, cross pair | pipSize × units × (quote currency to USD rate) |
| Futures point value | tickValue / tickSize |
| Points in dollars | points × point value × contracts |
Educational only, not financial advice. The maths is simple arithmetic on the numbers you enter; it knows nothing about your broker, fees, slippage or the market. Questions about the maths? Ask in the forums.