Our pip calculator helps you to estimate the pip value in your trades so that you can better manage your risk.
How to calculate pip value
The pip value for a contract on DMT5 is calculated based on this formula:
Pip value = point value × volume × contract size
For synthetic accounts, the pip value is calculated in USD.
For financial accounts, the pip value is in the quote currency for forex pairs.
Pip value for synthetic indices
Pip value for forex