Pip value calculator
What one pip is worth on your account, and. The part that actually matters on a funded account, how much of your daily loss limit a single stop spends.
Lot size
One pip is worthUS$10.00EUR/USD · 1 lot · ECB rate 2026-10-22
Your 20-pip stop costsUS$200.00
Daily loss limit at 5%US$5,000.00
That stop is4.0% of your daily limit
25 losing trades like this in one day would breach the daily limit.
Partner
Common questions
How is pip value calculated?
Pip value in the quote currency is the pip size multiplied by the position size. On EUR/USD a standard lot is 100,000 units and a pip is 0.0001, so one pip is $10. If the quote currency is not your account currency, that figure is converted at the current rate.
Why does this ask for my daily loss limit?
Because on a prop account the number that matters is not what a pip is worth, it is how much of your daily allowance a single stop spends. A 20-pip stop on one standard lot is $200, on a $100,000 account with a 5% daily limit, that is 4% of your allowance for the day.
What is a pip on gold (XAU/USD)?
Most firms quote gold to two decimals and treat 0.01 as a pip, with one lot being 100 ounces. That makes one pip $1 per lot. A few brokers define it as 0.1 instead, so check your firm contract specification.
Next: see what a funded account pays over a year, or compare the firms themselves.