Result
Pip size and contract size come from your broker's symbol specification — they vary between brokers, especially for gold, indices, and oil.
Every risk calculation in trading — position size, expected cost, risk–reward — runs through one number: what a single pip is worth for your position. Get it wrong and every downstream number is wrong with it.
The classic mistake is assuming every instrument works like EURUSD. Yen pairs put the pip at the second decimal, gold and indices use point conventions that vary by broker, and oil ticks are worth $10 each on full contracts. This calculator handles the general case.
The formula
Pip value (quote currency) = pip size × contract size × lots. Example: EURUSD with pip size 0.0001, contract size 100,000, and 0.5 lots gives 0.0001 × 100,000 × 0.5 = $5 per pip. If your account currency differs from the quote currency, divide or multiply by the conversion rate.
Contract size and pip size come from your broker's specification — they are not universal constants. The same ticker can carry a 100 oz contract at one broker and 10 oz at another. This is exactly why RezSync Algo refuses to assume symbol math and reads it from the broker instead.
Frequently asked questions
What is a pip exactly?
The smallest conventional price increment for an instrument: 0.0001 for most forex pairs, 0.01 for yen pairs, and broker-defined points for metals, indices, and crypto. Many brokers also quote a 'pipette' — a tenth of a pip — as an extra decimal.
Why does pip value change with the exchange rate?
The raw pip value lands in the quote currency (the second one in the pair). USDJPY's pip is worth 1,000 yen per standard lot; its dollar value floats with the yen rate. Only when your account currency equals the quote currency is the value fixed.
Where do I find my broker's contract size?
In the platform's symbol or instrument specification (in cTrader: symbol info). It lists contract size, pip/tick size, and minimum volume — the three numbers this calculator needs. When they differ from what you assumed, trust the specification.
Educational arithmetic, not financial advice. Contract specifications vary by broker — confirm pip and contract values against yours. Trading involves substantial risk of loss; forward-test on a demo account before any live decision.
This math, enforced automatically
RezSync Algo runs these calculations on live broker data for every trade — stop-first sizing, after-cost checks, and a hard drawdown breaker. Demo-first, live strictly opt-in, no promised returns.