On this page, you can find the formula estimates the cost of points. You can also use our calculator to calculate the exact value.
Estimated cost 1 pips
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Quotes Types
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Currency
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Estimated cost 1 pips
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| XXX/USD | EUR/USD GBP/USD |
A*B*n, where A – the exchange of a minimum price (eg, 0.0001 for EUR / USD) for the currency pair is being exchanged, B – the size of the contract, n – the volume (number of lots). |
| USD/XXX | USD/JPY USD/CHF |
(A*B*n)/d,
where A – the exchange of a minimum price (for example, 0.01 for USD / JPY) currency pair for which is being exchanged,
B – the size of the contract, n – the volume (number of lots), d – kuotasi for currency pair USD / XXX. |
| XXX/YYY (cross rates) |
EUR/GBP GBP/JPY |
(A*B*n)/d,
where A – the exchange of a minimum price (eg 0.01 for EUR / GBP) for the pair of currencies that are exchanged,
B – the size of the contract, n – the volume (number of lots), d – kuotasi for currency pair USD / XXX. |
When closing the position, we sell 100,000 GBP and buy 2.3301 * 100,000 = 233 010 CHF.
GBP down, while still +10 CHF, which means:
+10 / (Currency exchange rate USD / CHF) = +10 / 1.5270 = 6.55 USD.
Therefore, if we get 1 pips based on 1 lot on FOREX market for GBP / CHF, and we have the USD 6:55.
Value is the price for 1 pips GBP / CHF.
Pips pair of different currencies must be calculated the same way
Estimated cost for the CFD points
Points CFD volume = (number of lots) X X contract size of the exchange price at least.