What is the formula for calculating the pip value? Pip value = Contract Size x (10^-Digit) x 10 Take XAUUSD as an example, its contract size is 10 and digit is 2. 100*(10^-2)*10 = 10. Therefore, the pip value for XAUUSD is 10 USD. Related articles How is the margin requirement calculated? What are the fees and commissions for trading with VT Markets? What is the difference between pips and point/pipettes? What are the differences between WebTrader and Tradingview? What is a forex Pip?
