Looking to calculate the pip value of 1 lot of Gold in your account currency? Curious about how much profit (or loss) you could make from a 10-pip move on XAU/USD or a 25-pip move on 0.10 lot of XAU/EUR?
Watch the video below and discover how to easily use our Pip Value Calculator. It's not just for Gold—you can calculate pip values for over 145,000 instruments, including cryptos and indices!
Step-by-Step Guide to Using the CBFX Pip Calculator:
- Visit the Tool: Open the Pip Calculator on your browser.
- Select Currency Pair: Choose the gold vs USD pair (or any other you wish to calculate).
- Input Lot Size: Enter the number of lots you’re trading.
- Set Entry and Exit Prices: Input the prices for your trade.
- Calculate: Hit the calculate button to instantly see the pip value.
- Review Results: The tool will display potential profit/loss based on the data you entered.
This calculator is a powerful tool to streamline your trading strategies! Ready to learn more about trading? Check out our Beginner's Guide to Forex Trading and start your journey to becoming a successful trader!