CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.81.4%of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
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Beginner
We quote currency pairs by "5, 3 and 2" decimal places – also known as fractional pips or pipettes.
- On a 5 decimal place currency pair a pip is 0.00010
- On a 3 decimal place currency pair a pip is 0.010
- On a 2 decimal place currency pair a pip is 0.10
For example: If GBP/USD moves from 1.51542 to 1.51552, that .00010 USD move higher is one pip.
When trading FX and other symbols, there are some easy rules to calculate the ‘pip-value’ of the trade so you can work out your potential gains and losses quickly.
- When trading a ‘spot’ instrument, the pip value will always be in the second quoted symbol on the currency pair – so for EURAUD/USD, this means the pip value will be based in U.S. Dollars. This also applies to commodity pairs such as Gold (XAU/USD) – where the pip value will be based in USD.
- For Indices, the point value will be based in the currency of the country that hosts that stock index; for instance, GER30 is traded in Europe which means that the point value is given in EUR (Euro); US500 is traded in the US, so the point value will be in US Dollars.
A list of all traded symbols and their pip values is shown below. The pip scales in direct proportion to the trade size – so a 2 lot trade will have twice the value per pip as a 1 lot trade.
Pip values:
FX pairs
FX pairs | Pip value per 1 standard lots | Pip value per 0.1 standard lots | Pip value per 0.01 standard lots |
---|---|---|---|
AUDCAD | 10 CAD | 1 CAD | 0.10 CAD |
AUDCHF | 10 CHF | 1 CHF | 0.10 CHF |
AUDJPY | 1000 JPY | 100 JPY | 10 JPY |
AUDNZD | 10 NZD | 1 NZD | 0.10 NZD |
AUDSGD | 10 SGD | 1 SGD | 0.10 SGD |
AUDUSD | 10 USD | 1 USD | 0.10 USD |
CADCHF | 10 CHF | 1 CHF | 0.10 CHF |
CADJPY | 1000 JPY | 100 JPY | 10 JPY |
CHFJPY | 1000 JPY | 100 JPY | 10 JPY |
CHFSGD | 10 SGD | 1 SGD | 0.10 SGD |
EURAUD | 10 AUD | 1 AUD | 0.10 AUD |
EURCAD | 10 CAD | 1 CAD | 0.10 CAD |
EURCHF | 10 CHF | 1 CHF | 0.10 CHF |
EURCZK | 10 CZK | 1 CZK | 0.10 CZK |
EURGBP | 10 GBP | 1 GBP | 0.10 GBP |
EURJPY | 1000 JPY | 100 JPY | 10 JPY |
EURNOK | 10 NOK | 1 NOK | 0.10 NOK |
EURNZD | 10 NZD | 1 NZD | 0.10 NZD |
EURPLN | 10 PLN | 1 PLN | 0.10 PLN |
EURSEK | 10 SEK | 1 SEK | 0.10 SEK |
EURSGD | 10 SGD | 1 SGD | 0.10 SGD |
EURTRY | 10 TRY | 1 TRY | 0.10 TRY |
EURUSD | 10 USD | 1 USD | 0.10 USD |
EURZAR | 10 ZAR | 1 ZAR | 0.10 ZAR |
GBPAUD | 10 AUD | 1 AUD | 0.10 AUD |
GPBCAD | 10 CAD | 1 CAD | 0.10 CAD |
GPBCHF | 10 CHF | 1 CHF | 0.10 CHF |
GPBJPY | 1000 JPY | 100 JPY | 10 JPY |
GBPNOK | 10 NOK | 1 NOK | 0.10 NOK |
GBPNZD | 10 NZD | 1 NZD | 0.10 NZD |
GBPSEK | 10 SEK | 1 SEK | 0.10 SEK |
GBPSGD | 10 SGD | 1 SGD | 0.10 SGD |
GBPTRY | 10 TRY | 1 TRY | 0.10 TRY |
GBPUSD | 10 USD | 1 USD | 0.10 USD |
NOKJPY | 1000 JPY | 100 JPY | 10 JPY |
NOKSEK | 10 SEK | 1 SEK | 0.10 SEK |
NZDCAD | 10 CAD | 1 CAD | 0.10 CAD |
NZDCHF | 10 CHF | 1 CHF | 0.10 CHF |
NZDJPY | 1000 JPY | 100 JPY | 10 JPY |
NZDUSD | 10 USD | 1 USD | 0.10 USD |
SEKJPY | 1000 JPY | 100 JPY | 10 JPY |
SGDJPY | 10000 JPY | 100 JPY | 10 JPY |
USDCAD | 10 CAD | 1 CAD | 0.10 CAD |
USDCHF | 10 CHF | 1 CHF | 0.10 CHF |
USDCNH | 10 CNH | 1 CNH | 0.10 CNH |
USDCZK | 10 CSK | 1 CZK | 0.10 CZK |
USDJPY | 1000 JPY | 100 JPY | 10 JPY |
USDMXN | 10 MXN | 1 MXN | 0.10 MXN |
USDNOK | 10 NOK | 1 NOK | 0.10 NOK |
USDPLN | 10 PLN | 1 PLN | 0.10 PLN |
USDSEK | 10 SEK | 1 SEK | 0.10 SEK |
USDSGD | 10 SGD | 1 SGD | 0.10 SGD |
USDTHB | 10 THB | 1 THB | 0.10 THB |
USDTRY | 10 TRY | 1 TRY | 0.10 TRY |
USDZAR | 10 ZAR | 1 ZAR | 0.10 ZAR |
ZARJPY | 1000 JPY | 1 JPY | 10 JPY |
Commodities
Commodities | Pip value per 1 standard lots | Pip value per 0.10 standard lots | Pip value per 0.01 standard lots |
---|---|---|---|
XTIUSD | 10 USD | 1 USD | 0.10 USD |
XBRUSD | 10 USD | 1 USD | 0.10 USD |
XAGUSD | 50 USD | 5 USD | 0.50 USD |
XAUUSD | 10 USD | 1 USD | 0.10 USD |
XAUEUR | 10 EUR | 1 EUR | 0.10 EUR |
XAGEUR | 50 ERU | 5 EUR | 0.50 EUR |
XNGUSD | 10 USD | 1 USD | 0.10 USD |
XPDUSD | 10 USD | 1 USD | 0.10 USD |
XPTUSD | 10 USD | 1 USD | 0.10 USD |
Indices
Indices | Point value per 1 standard lot |
---|---|
US500 | 1 USD |
US30 | 1 USD |
NAS100 | 1 USD |
AUS200 | 1 AUD |
EUSTX50 | 1 EUR |
GER30 | 1 EUR |
FRA40 | 1 EUR |
IT40 | 1 EUR |
SPA35 | 1 EUR |
UK100 | 1 GBP |
JPN225 | 100 JPY |
HK50 | 1 HKD |
US2000 | 1 USD |
CN50 | 1 USD |