Enter the total number of pips gained and the value of each pip ($) into the calculator to determine the PIPS Profit. 

PIPS Profit Formula

The following formula is used to calculate the PIPS Profit. 

Ppips = PG * V

  • Where Ppips is the PIPS Profit ($)
  • PG is the total number of pips gained 
  • V is the value of each pip ($) 

How to Calculate PIPS Profit?

The following example problems outline how to calculate PIPS Profit.

Example Problem #1:

  1. First, determine the total number of pips gained. In this example, the total number of pips gained is given as 100.
  2. Next, determine the value of each pip ($). For this problem, the value of each pip ($) is given as 20.
  3. Finally, calculate the PIPS Profit using the equation above: 

Ppips = PG * V

The values given above are inserted into the equation below:

Ppips = 100 * 20 = 2000 ($)

Example Problem #2: 

The variables needed for this problem are provided below:

total number of pips gained = 300

value of each pip ($) = 20

Entering these values and solving gives:

Ppips = 300 * 20 = 6000 ($)