FxPro Help Centre - Glossary

Pip Calculator (Pip Calculator)

Pip calculators help traders determine a trade’s value per pip in the currency of their trading account. This helps traders manage risk more effectively. FxPro’s pip calculator is simple to use and works by entering the Trade Size (Lot) being used, the currency pair being traded and the currency of the trading account. Click on "Calculators" in the Tools menu to perform calculations.