One point value can be calculated by the below formula:

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

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.