Here at icon fx we want to give our traders the best chance of
Being as profitable as possible.
For this reason, we
Offer our vip traders many tools to help them with their
Due to the complexity of leveraged products and the possibility of losing money easily, when trading these products, one needs to recognize not only the risks involved, but also understand how the CFDs margin calculation formula looks and how it works.
You can use our pip value calculator to find out what each pip is worth in the currency you are trading in. Information like this is crucial to evaluating whether a trade is worthwhile, and ensuring it is appropriately managed.
Pips can be calculated manually, for trading accounts in other currencies, and for any lot size, with the following formula:
Our pip value calculator uses live market quotes from the current interbank rate, in a 5-digit format, and it will calculate the current pip value for the selected account base currency.