7

Categories

March 16, 2016

Question:How to calculate one point value in MT4/MT5 trading platform?

Answer:

One point value can be calculated by the below formula:

One Point Value = (Contract Size × (Price + One Point)) – (Contract Size × Price)

One Point Value One point value in the quote currency. The pip value would be ten times more than the point value.
Contract Size Contract size in the base currency. You can find out in MT4 by right clicking in ‘Market Watch’ and select ‘Symbols’ ⇒ ‘Properties’.
Price Current price of the currency pair.
One Point Price tick (one point)

Example of the calculation

Calculation of one point value for GBPCHF on a USD account.

  • Contract Size – Lot – 1.25 = 125 000 GBP.
  • Current rate of GBPCHF – 1.47125.
  • Current rate of USDCHF – 0.94950.

One Point Value = (125,000 × (1.47125 + 0.00001)) – (125,000 × 1.47125) = 183,907.5 – 183,906.25 = 1.25 CHF

You need to convert the amount to your base currency which is USD, so:

One Point Value = 1.25 CHF / 0.94950 = 1.31 USD.

Pip value of GBPCHF in USD account would be 13.1 USD.

Pip and Point

Normally, MT4 shows 5 digits price quotes which makes the smallest price move as one point.

And 10 points equals to 1 pip.

FBS offers an online calculator in the FBS Official Website where you can get results instantly.

All Forex Brokers

  • IFC Markets
  • FxPro
  • IronFX
  • Axiory
  • FBS
  • Land-FX
  • MyFX Markets
  • Titan FX
  • Traders Trust
  • XM
  • LMFX
  • FXDD
  • ForexClub
  • KVB Kunlun
  • Tradeview
  • EightCap
  • FXOpen
  • HotForex
  • FXGiants
  • LQDFX
  • Fortrade
  • CM Trading
  • InstaForex
  • FXPRIMUS
  • ForexMart
  • Valutrades
  • AvaTrade
  • Yadix
  • RFXT
  • easyMarkets
  • JustForex
  • Swiss Markets
  • FXTM
  • HYCM
  • FP Markets
  • SimpleFX
  • IC Markets
  • Evolve Markets
  • Tickmill
  • Markets.com
  • Z.com Trade
  • UFX
  • Anzo Capital
  • LiteForex
  • 4xCube
  • OctaFX
  • Tifia
  • XTB
  • AAAFx
  • NordFX
  • FXGlory
  • Capex
  • ClickTrades
  • TopstepFX
  • HotForex ZA (South Africa)
  • XMTrading

All Crypto-Currency Exchanges

  • CEX.IO
  • HitBTC
  • Paxful
  • BitMEX
  • C-CEX
  • Binance
  • Cryptopia
  • YObit
  • Wisebitcoin
  • Bibox
  • BKEX
  • CoinPark
  • CoinEx
  • IRONX
  • CoinField
  • bybit
  • Bitpanda

This website uses cookies

By using our site, you acknowledge that you have read and understand our Privacy Policy (Cookie Policy), and our Terms of Service.