8 Best Free Online PIP Calculator Websites

Here is a list of best free online PIP calculator websites. PIP (Percentage in Point or Price Interest Point) is the smallest price that can be moved between foreign exchanges. A PIP basically used to measure the fluctuations in the exchange rate for a currency pair. Most currency pairs carry four decimal places and PIP signifies the fourth or last decimal place. PIP is an important factor in foreign exchange measurements and is often used by traders to reference gains and losses. Due to the significance of PIP, many traders need to calculate the PIP value. If you also want to do that, then check out these online PIP calculator websites.

These websites use Currency Pair (EURUSD, EURPLN, AUDCAD, etc.), Trade Size, and Deposit Currency type (USD, EUR, or GBP) values as input to perform the PIP calculation. Most of these websites show the output PIP value in the Deposit currency type. Although, some websites can also calculate and show the PIP value in foreign currency. The process to calculate the PIP value is quite simple on all the websites. Still, to help out new users, I have included the necessary calculation steps in the description of each website.

These websites also come with additional tools that may come in handy such as Stock Trading, Stock Baskets, Spot Metals, and more. Go through the list to know more about these websites.

My Favorite Online PIP Calculator Website:

forextime.com is my favorite website because it can quickly and accurately perform the PIP calculations. Plus, it also comes with the rates of multiple currency pairs.

You can also check out lists of best free Online PPF CalculatorOnline EMV Calculator, and Online MSE Calculator websites.

forextime.com

forextime.com is a free online PIP calculator website. Through this website, users can calculate the PIP value for the currency pair they are trading. To do that, users need to enter the PIP Amount, Currency Pair, Trade Size, and Deposit Currency type (USD, EUR, or GBP). According to entered values, it performs the calculation and shows the final PIP value. Besides this, this website also shows the rates of multiple currency pairs such as AUDUSD, CHFJPY, EURGBP, GBPJPY, and more. Now, check out the below steps.

How to calculate PIP online using forextime.com:

  • Visit this website using the given link.
  • After that, enter the PIP Amount and specify a Currency Pair.
  • Next, enter the Trade Size and Deposit Currency.
  • Lastly, view the calculated PIP value in the specified Deposit Currency type.

Additional Features:

  • This website also comes with Profit and Margin calculators.
  • A good set of Market tools like Stock Trading, Stock Baskets, Spot Metals, etc., tools are also present on it,

Final Thoughts:

It is one of the best free online PIP calculator websites that allows users to quickly calculate the PIP value.

cashbackforex.com

cashbackforex.com is a free online PIP calculator website. Using this website, users can calculate the percentage in point value for forex pairs, indices, and cryptocurrencies. To do that, it requires multiple values as input like the number of Pips, Instrument (EURUSD, FILUSD, EURZAR, etc.), Trade Size (Lots), Deposit Currency Type, and Instrument 1 Pip Size. After the calculation, it shows the final PIP value in the selected deposit currency and a live EURUSD or any other currency pair value chart selected by you. Now, follow the below steps.

How to calculate PIP online using cashbackforex.com:

  • Visit this website and select the Pip Value Calculator.
  • After that, enter the number of Pips and Instrument currency combinations.
  • Next, enter the number of Lots and Deposit Currency type.
  • Lastly, specify the currency pair 1 Pip Size and click on the Calculate button to view the calculated PIP value.

Additional Features:

  • This website also offers additional Forex Calculators such as Pip Calculator, Lot Size Calculator, Forex Rebates Calculator, Risk of Ruin Calculator, Margin Calculator, and more.

Final Thoughts:

It is a good online Pip calculator website that can also generate a live Instrument currency combination chart along with calculating the PIP value.

myfxbook.com

myfxbook.com is another free online PIP calculator website. Using this website, users can calculate the PIP value of multiple currency pairs at a time using the Account Currency Type, Trade Size, and Pips. Along with calculating the PIP value for different currency pairs, it also calculates the Standard Lot Value, Mini Lot Value, and Micro Lot Value. Now, follow the below steps.

How to calculate the PIP online using myfxbook.com:

  • Launch this website and open up the PIP Calculator.
  • After that, specify the Account Currency.
  • Next, enter the Trade Size and number of Pips.
  • Lastly, click on the Calculate button to view the PIP value for various currency pairs such as AUDCAD, AUDCHF, CADJPY, EURCAD, EURHUF, and more.

Additional Features:

  • Forex Calculators: It offers multiple online Forex calculators such as Currency Converter, Position Size Calculator, Margin Calculator, Pivot Point Calculator, Compounding Calculator, and more.

Final Thoughts:

It is another capable online PIP calculator website that anyone can use to calculate the PIP value of multiple currency pairs at once.

babypips.com

babypips.com is another free online PIP calculator website. This website helps users determine the PIP value in your trading account currency values. The process of PIP value calculation is also quite simple in it as users just need to specify a currency pair, asking price, position size (units), and Account Currency (USD EUR, JPY, GBP, etc.). Now, follow the below steps.

How to calculate the PIP online using babypips.com:

  • Visit this website and go to the PIP Value Calculator.
  • After that, choose one currency pair from the available ones.
  • Next, enter the Ask Price, and Position Size.
  • Lastly, enter the Account Currency type and click on the Calculate button to view the calculated Pip value.

Additional Features:

  • This website also comes with additional tools such as Pivot Point Calculator, Gain & Loss Calculator, Position Size Calculator, and more.

Final Thoughts:

It is another good online PIP calculator website that anyone can use to quickly find out the PIP value in their trading accounts currency.

xm.com

xm.com is a free online PIP calculator website. Through this website, users can quickly find out the value per pip in your base currency. It also helps users monitor their risk per trade with better accuracy. Like other similar websites, it also needs a good set of input values to perform the calculation like Currency Pair, Account Base Currency, Account Type, Volume in Lots, and Current Conversion Price. Besides this, it also shows the formula that it uses to perform the calculation. Now, follow the below steps.

How to calculate PIP online using xm.com:

  • Go to this website and choose the Pip Value section.
  • Next, specify the Currency Pair, Account Base Currency, Volume in Lots, etc., value.
  • Now, specify the Account type and click on the Calculate button to view the Pip Value.

Additional Features:

  • This website also offers Currency, Margin, Swaps, and Profit & Loss, calculators.

Final Thoughts:

It is another capable online PIP calculator website that offers all the essential tools to calculate the PIP value in both account base currency and converted currency.

fxpro.com

fxpro.com is another free online PIP calculator website. Through this website, users can estimate the PIP value using the Currency Pair (EURUSD, EURTRY, EURSGD, etc.), Account Currency Type (USD, GBP, EUR, CHF, etc.), and Trade Size (in units). This website also offers multiple examples highlighting the process of PIP calculation and its formula. Now, follow the below steps.

How to calculate PIP online using fxpro.com:

  • Launch this website using the given link.
  • After that, specify the Currency Pair and Account Currency.
  • Next, specify the Trade Size in units.
  • Finally, click on the Calculate button to view the calculated PIP value.

Additional Features:

  • This website also comes with multiple trading tools like Trading Calculators, Forex News, and Economic calendars.
  • This website can also be used to track Forex, Futures, Shares, Metals, etc., markets.

Final Thoughts:

It is another capable online PIP calculator website that anyone can use to calculate the PIP with ease.

dukascopy.com

dukascopy.com is yet another free online PIP calculator website. This website comes with a Pip calculator web widget that allows users to calculate the PIP value using the Currency Pair, Position Size, Account Currency, and Pip Amount. As soon as you enter all the input parameters, this website will start the calculation process and shows the output PIP value. Now, follow the below steps.

How to calculate PIP online using dukascopy.com:

  • Launch this website and choose Pip Calculator from the Tools menu.
  • Next, enter the Pip amount and choose one currency pair.
  • Now, specify the position size and account currency.
  • In the end, view the calculated PIP amount in the selected account currency type.

Additional Features:

  • This website also offers additional online Forex calculators such as Currency Converter, FX Cross Rates, Profit calculators, and Margin Requirements.

Final Thoughts:

It is another standard online PIP calculator website that comes with essential tools to calculate the PIP in base currency.

hotforex.com

hotforex.com is the last free online PIP calculator website. Through this website, users can find out the PIP based on different market types (Shares, Forex, Stock DMA, Indices, etc.), account currency (USD, EUR, JPY, etc.), symbol, and position size. After performing the calculation, it shows the exact price of tick. Now, follow the below steps.

How to calculate PIP online using hotforex.com:

  • Visit this website and open up the Pip Value Calculator.
  • After that, choose the Account Currency and Market Type.
  • Next, specify Sumbol and Position Size.
  • Finally, click on the Calculate button to view the final value.

Additional Features:

  • Trading Calculators: It contains useful online trading calculators that may come in handy such as Multitarget Calculator, Fibonacci Calculator, Pivot Points Calculator, Pip Value Calculator, and more.

Final Thoughts:

This website comes with a simple online PIP calculator tool through which users can easily calculate the PIP value.

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