Cost of one pips in US Dollars?

Discussion in 'Forex' started by sdp2000, Jul 29, 2005.

  1. sdp2000


    Hi All!

    Please let me know how to calculate a cost of one pips in US Dollars for EURJPY or GBPCHF currencies?

    Best regards!
  2. sdp2000


  3. Based on 100,000 units (10,000 units is 10%, and so on) -

    EUR/JPY = $8.9182 per pip (value).
    GBP/CHF = $7.7797 per pip (value).

    On the OANDA trading platform (demo) under Tools > PIP / Profit Calculator. Makes it easy. :D

    be aware that, with that broker, you can calc out pip value (and trade) based on any size unit amount, even down to 1 unit. :eek: