5 Best Free PIP Calculator App For Android

Here is a list of best free PIP calculator app for Android. PIP stands for Percentage In Point or Price Interest Point. PIP is the smallest price that can be moved between foreign exchanges. In the forex market, most currency pairs carry up to four decimal places. Any change in the last decimal place or fourth decimal value signifies the PIP change. PIP is an important factor in foreign exchange trading due to which users need to calculate the PIP values. To quickly calculate the PIP values for trading, users can use these PIP calculator app.

Through these apps, users can quickly find out the PIP values for each of their trades. To calculate the PIP values, these apps need some input values from the users like Account Currency, Currency pair, Number of Pips, etc. Besides PIP value calculations, most of these apps can also be used to calculate various forex values. Some of the forex calculations that users can do using these apps are Profit Calculation, Require Margin, and Fibonacci Levels. The process to calculate the PIP values and other forex parameters are quite simple in these apps. Go through the list to know more about these PIP calculator apps.

My Favorite PIP Calculator App For Android:

Forex Calculators is my favorite app because it allows users to quickly calculate the Pip value for their trade. Through this app, users can also calculate Position Size, Margin, etc., forex values.

You can also check out lists of best free Depth OF Field Calculator App, Travel Budget Calculator App, and Nutrition Calculator App for Android.

Forex Calculators by FX Core

Forex Calculators is a free PIP calculator app for Android. As its name implies, it is mainly a Forex calculator suite that caries multiple tools to calculate Forex parameters like Pip, Position Size, Margin, Stop Loss & Take Profit, etc. Although to find out the Pip value of their trade, users just need the Pip Value tool of this app. Now, check out the primary features of this app.

Main Features:

• Pip Value: It is the primary Pip calculation tool of this app. Using this tool, users can quickly find out the Pip values of each of their trades. To do that, users need to specify some input parameters namely Account Currency (USD, EUR, GBP, CHF, etc.), Currency Pair (USD/CHF, USD/JPY, BTC/USD, etc.), Position Size Value, and Pip Amount. After providing all the necessary input values, tap on the Calculate Button to view the output Pip value and currency pair output value.
• Send Result: Use it to share or send the output Pip values with other users.

Additional Features:

• Position Size: Use this tool to find out the amount to risk, mini lots, standard lots, position units, Pip value per lot, etc.
• Stop Loss & Take Profit: Using this tool, users can find out the Stop Loss At, Take Profit At, Amount to Risk, Amount to Gain, etc., values.
• Margin: Using it to find out the margin required for a specific trade.

Final Thoughts:

It is a feature-rich PIP calculator app for Android that also offers tools to calculate various important aspects of forex including the Pip value.

Pip Calculator by Tyrcord

Pip Calculator is another free PIP calculator app for Android. Using this app, users can easily find out the Pip values of each of their trades. Before using this app, users need to specify some input parameters like Account Currency (USD, INR, AUD, ARS, etc.), Currency Pair, Currency Pair Type (Major Minor, Exotic,  etc.), etc. After specifying all the input parameters, users can initiate the Pip values calculation for their trades. Now, check out the main features of this PIP calculator app.

Main Features:

• Multiple Account Currency and Currency Pair Support: This app supports various account currencies like USD, GBP, INR, AUD, and more. Similarly, multiple currency pairs are also supported by it such as AUD/USD, GBP/USD, AUD/JPY, and more.
• Simple Calculation Process: To calculate Pip values of each of your trade users just need to specify four parameters namely Account Currency, Currency pair, Trade Size, and Number of Pips. Using input values, this app quickly calculates and shows the output results.
• Results: In the result, users can view the output Pip value, Pip values for user-defined Pips, standard lot value, Mini lot value, and Micro Lot value.

Limitations:

• The free version of this app shows ads on its interface.
• Some premium features of this app are also locked. To remove ads and unlock all the features, users need to purchase its premium version.

Final Thoughts:

It is a simple and effective PIP calculator app for Android through which users can quickly calculate Pip values of their trades.

FxCalculator

FxCalculator is another free PIP calculator app for Android. This app can also be used as a Forex calculator as it can calculate various Forex parameters like Pivot Point, Profit, Require Margin, Pips Value, etc. From various available Forex parameter calculation tools, users need to use its Pips values calculator tool to calculate the right Pip values for their trades. Now, take a look at the primary features of this app.

Main Features:

• Pip Value Calculator: Using this calculator, users can easily calculate the Pip values and Stander Lot values for their trades on foreign exchange. To perform the calculation, users just need to specify the Currency Pair, Account Currency Type (USD, JPY, AUD, CAD, etc.), and Trade Size value.

Additional Features:

• Currency Conversion: Using this tool, users can find out the currency conversion rates between two country pairs such as India and US, China and UK,  Australia and Newzealand, etc.
• Profit Calculator: It is a simple to use profit calculator that helps users to find out the Profit, Profit Pips, and Profit values.
• Require Margin: Using it, users can calculate the money they need to put forward in order to open a trade.
• SL TP Levels: As its name suggests it is used to find out the SL Price, TP Price, TP Pips, and SL Pips.

Final Thoughts:

It is another good PIP calculator app for Android that offers all the essential tools to calculate Pip and Forex values.

Forex Calculator and Pip Calc

Forex Calculator and Pip Calc is another free PIP calculator app for Android. It is mainly a forex calculation suit that offers various calculation tools such as SL/TP Levels, Profit Calculator, Pips, Values, Pivot Point, etc. By using the Pips Values tool, users can calculate the Pip values for their trades. Besides this, it also shows multiple levels of Standar Lot values. Now, check out the primary features of this Pip calculator app.

Main Features:

• Pips Values: It is the primary Pips values calculation tool. In this tool, users need to specify the Currency Pair (EUR/USD, JPY/USD, CAD/USD, etc.), Account Currency (USD, SHF, CAD, etc.), and the value of trade Size. After specifying all the necessary input values, tap on the Calculate button to initiate the calculation process. Once the calculation gets completed, users can view the Pips value for their trade along with the Standar Lot value.

Additional Features:

• Profit Calculator: It is another simple calculator in which users need to specify Buy Price, Sell Price, Total number of unites, and Trade Type (Sell or Buy) to calculate the net profit, profit Pips, and Pip value.
• Fibonacci Levels: Through this tool, users can generate the Fibonacci levels by providing currency pair, highest price, lowest price, and trade type values.
• Require Margin: It helps users find out the upfront cost that they need to put down to start a forex trade.

Final Thoughts:

It is a straightforward PIP calculator app for Android through which users can quickly calculate the Pip values and Stander lot values.

Forex Calculator

Forex Calculator is a free forex calculator app that can also be used as a PIP calculator app for Android. Using this app, users cannot only calculate the Pip values for a trade, but also calculate risk to reward ratio, position size, number of pips between two prices, and more. Now, check out the main features of this app.

Main Features:

• Pip Value: It is the primary tool through which users can find out the standard lot, mini lot, and micro lot pip values. To do that, users just need to provide three input values namely Account Currency, Currency Pair, and Number of Pips.
• Number of Pips between two prices: It is another useful tool to quickly find out the number of pips between two prices. In this tool, users need to provide currency pair, first price, and second price values to get the output pips number.

Additional Features:

• This app offers many additional tools through which users can calculate the risk to reward ratio, position size, etc., forex parameters.

Limitation:

• This app shows ads on its interface.

Final Thoughts:

It is another good PIP calculator app that also offers a good set of forex calculation tools.