How to Calculate Pips Profit in Forex for 100 Pips for 1 Standard Lot
Examples of how to calculate currency pips using the 4 Decimal Points Currency Quote when trading forex using 1 Standard Lot
The 4th decimal place in the EURUSD forex currency pair is equal to 1 pip
Calculate 100 Pips Profit for a Standard Account
If EURUSD currency pair move 100 Pips the profit calculation for this Forex 1 Standard lot trade will be calculated like shown 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 = $100,000 dollars
Value of 1 pip for 1 standard lot = 100,000* 0.0001= $10
Value of 100 Pips = 100*10= $1,000
Therefore the profit in pips for 100 pips in EURUSD forex currency pair when trading standard lots is $1,000
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