Pip Calculator
GSI Markets offers a vast range of online calculators, amongst which is the Pip Calculator. The Pip Calculator is important to help you manage trading risks more effectively by knowing the pip value of each position in the currency of your trading account. Enter the required information and let our Pip Calculator determine how much each pip is worth.
The formula used by our Pip Calculator is as follows:
 
Pip Value = (Pip in decimal places * Trade Size) / Market Price