How to Calculate Pips Profit in Forex for 100 Pips on 1 Standard Lot
Illustration of Calculating Currency Pips Using Four-Decimal Currency Quotes with a Standard Lot in Forex Trading.
The 4th decimal place in the EURUSD forex currency pair is equivalent to 1 pip
Calculate 100 Pips Profit for a Standard Account
A 100-pip move in EUR/USD shows this profit calc for one standard forex lot below.
If EUR USD moves from 1.2000 to 1.2100 then this market move is equivalent to:
1.2100-1.2000 = 0.0100 (100 pips)
Value of = 0.0001 USD (1 pip movement for one standard lot)
1 standard lot/contract = $100,000 dollars
Value of 1 pip for 1 standard lot = 100,000* 0.0001= $10
Value of 100 Pips = 100*10= $1,000
Consequently, the profit in pips for 100 pips in the EUR/USD forex pair while trading standard lots amounts to $1,000.
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