How can I calculate 1 pip of profit or loss?

Please use the calculation formula below to calculate the pip value.

 

Calculation Formula: 

Amount of Base Currency * Pips= Value in Quote Currency

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Examples:
Value of 1 pip in EUR/USD= 1 Lot (100 000 €)*0.0001= 10 USD
Value of 1 pip in USD/CHF= 1 Lot (100 000 $)*0.0001=10 CHF
Value of 1 pip in EUR/JPY=1 Lot (100 000 €)*0.01= 1000 JPY

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