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

To calculate the PIPS profit, multiply the number of pips gained by 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 ($)