Convert forex pips to points or points to pips for fractional and standard quote formats, with JPY-pair support, custom factors, and price distance.
Pips to Points Formula
The following equation is used to convert pips to points.
- Where PT is the resulting points
- P is the number of pips (pip distance)
- CF is the conversion factor (points per pip)
To calculate the points from pips, multiply the pip distance (P) by the conversion factor (CF).
| Pips | Points |
|---|---|
| 0.1 | 1 |
| 0.5 | 5 |
| 1 | 10 |
| 2 | 20 |
| 3 | 30 |
| 5 | 50 |
| 8 | 80 |
| 10 | 100 |
| 12 | 120 |
| 15 | 150 |
| 20 | 200 |
| 25 | 250 |
| 30 | 300 |
| 40 | 400 |
| 50 | 500 |
| 75 | 750 |
| 100 | 1000 |
| 150 | 1500 |
| 200 | 2000 |
| 250 | 2500 |
| *Assumes common FX convention on 5-digit (or 3-digit JPY) quotes: 1 pip = 10 points (pipettes). Formula: Points = Pips × Conversion Factor. Instruments/brokers/platforms may differ. | |
What is a Pips to Points Calculator?
Definition:
A Pips to Points Calculator converts a price move expressed in pips (a common FX price-movement unit) into “points” as used by many trading platforms (especially MetaTrader). In MetaTrader, a point is the quote-precision unit. The minimum tradable price change (tick size) is a separate instrument property and can differ from one point. For many forex pairs, if prices are quoted with 5 decimal places (or 3 for JPY pairs), 1 pip = 10 points; if quoted with 4 decimals (or 2 for JPY pairs), 1 pip = 1 point.
How to Calculate Pips to Points?
Example Problem:
The following example outlines the steps and information needed to calculate the Pips to Points.
First, determine the pip distance (number of pips). In this example, the pip distance is 25 pips.
Next, determine the conversion factor. Here, the instrument is quoted using a 5-digit (pipette) convention where 1 pip equals 10 points, so CF = 10.
Finally, calculate the points using the formula above:
PT = P × CF
PT = 25 × 10
PT = 250 points
FAQ
What is the difference between pips and points?
In forex, a pip is a standardized unit of price movement (typically 0.0001 for most pairs, or 0.01 for JPY pairs). A MetaTrader “point” is the quote-precision unit; the minimum tradable tick size is a separate property and can differ. On many 5‑digit FX quotes, one pip equals 10 points (pipettes); on 4‑digit quotes, one pip equals 1 point.
Does the pip-to-points conversion factor vary by currency pair or broker?
Yes. The conversion factor is the pip size divided by the platform point size. Quote precision (e.g., 4-digit vs 5-digit FX quotes) determines the point size; the minimum tradable tick size is a separate property. Always check your broker’s contract specification to ensure an accurate conversion from pips to points.
Why is it important to track both pips and points?
Some platforms require order settings (like stop loss / take profit distance) to be entered in points, while traders often think in pips. Converting between them helps you place orders with the intended distance. (Monetary profit/loss also depends on position size and pip value in currency terms.)
