Pip Difference Calculator — Pips Between Two Prices

For standard pairs (EUR/USD): Pips = |Price 1 − Price 2| × 10,000. Example: 1.1050 to 1.1150 = 0.0100 × 10,000 = 100 pips. For JPY pairs (USD/JPY): Pips = |Price 1 − Price 2| × 100. Example: 149.50 to 151.00 = 1.50 × 100 = 150 pips.

For most currency pairs, 1 pip is the 4th decimal place (0.0001). For JPY pairs, 1 pip is the 2nd decimal place (0.01). Many brokers also quote a 5th decimal place (pipette) — 0.1 pip — for more precise pricing. This calculator works in whole pips.

There is no universal answer — a good stop loss is based on market structure, not a fixed pip count. Many traders use 1.5–2× ATR as a stop loss distance. On EUR/USD, typical day trade stops are 15–30 pips; swing trades use 50–150 pips. Use the ATR Stop Loss calculator for a volatility-based approach.

No — the spread is the pip difference between the bid and ask price at the same moment (e.g. 1.2 pips on EUR/USD). Pip difference is the distance between any two price levels you choose, such as your entry and take profit. The pip difference calculator measures any two prices, not the live spread.

For most forex pairs (4 decimal places): Pips = |Price1 − Price2| × 10,000. EUR/USD from 1.1000 to 1.1075 = (1.1075 − 1.1000) × 10,000 = 75 pips. For JPY pairs (2 decimal places): Pips = |Price1 − Price2| × 100. USD/JPY from 145.00 to 146.50 = 150 pips. For gold (XAU/USD): Pips = |Price1 − Price2| × 100.