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Calculate Pip Value

Pip Value Reference (per 1.00 lot)

EUR/USD, GBP/USD, AUD/USD$10.00 / pip
USD/JPY~$9.10 / pip
USD/CHF~$9.20 / pip
XAU/USD (Gold)$10.00 / pip
US30, NAS100, SPX500$1.00 / point

Lot Size Reference

1.00 — Standard Lot100,000 units
0.10 — Mini Lot10,000 units
0.01 — Micro Lot1,000 units

Why This Matters for Prop Firms

Knowing your pip value in dollars lets you calculate exactly how much of your daily drawdown limit a losing trade uses. On a $10,000 account with a 5% daily limit, you have $500. One bad 50-pip trade at 1.00 lot = $500 loss = entire daily limit gone.