EURUSD Pip Value by Lot Size (USD account)
| Lot size | Units | Pip value |
|---|---|---|
| Standard (1.0) | 100,000 | $10.00 |
| Mini (0.1) | 10,000 | $1.00 |
| Micro (0.01) | 1,000 | $0.10 |
Why EURUSD Pip Value Is Always $10
The value is fixed because the quote currency is your account currency. Pip value is pip size times contract size times lots, so 0.0001 times 100,000 times one lot equals ten dollars, and there is nothing to convert when both are in dollars. That is why every pip value guide uses EURUSD: it removes the exchange rate from the picture and shows the pure lot size effect.
If your account is in euros rather than dollars, the value is no longer a flat ten. The calculator divides by the current EURUSD price to convert the dollar pip into euros, so a standard lot pip lands a little above nine euros at typical prices. Set your account currency above to see the exact figure.