How to Calculate Pips Profit in Forex for 100 Pips for 1 Standard Lot

Examples of how to calculate forex pips using the 4 Decimal Points Currency Quote when trading forex using 1 Standard Lot

The 4th decimal place in the EURUSD currency pair is equal to 1 pip

Calculate 100 Pips Profit for a Standard Forex Account

If EURUSD moves from 1.2000 to 1.2100 then this move is equal 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

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 currency pair when trading standard lots is $1,000