This PIP calculator will help a trader determine the value per pip for a currency pair, this is to manage position sizing and risk per trade.
All you need is the currency your account is denominated in, the currency pair you are trading, your position size, and the exchange rate asked to calculate the pip value.
Features:
1. Support all major currency pairs
2. Save last entered values so that you don't have to enter again
3. Free to change exchange rate between currency pair
4. Auto fill pair value with the latest currency rates when you choose any currency pair
5. Easy to share the result with your friends in chat, email, social network ...
6. Will work for you even when you are offline.
7. Include clear formula instructions so that you can do your own calculation manually if needed