WIFUSD Pip Value Calculator
CryptoKnowing what one point of WIFUSD is actually worth, before you size a trade, is what this calculator answers — using WIFUSD's own real contract size and point value rather than a flat forex assumption.
How do I calculate pip value for WIFUSD?
At WIFUSD's stored contract size (10,000 units per lot), here's what one point of movement is worth at three common lot sizes.
Say a trader opens 0.50 lots of WIFUSD, with a stop loss 9 points away and a take profit 18 points away.
Why does pip value change between instruments?
Pip/point value depends on an instrument's own contract size convention and current price, not a universal rule. WIFUSD is worth $10.00 per point per lot at its stored contract size — a different contract size (common across brokers for crypto) would scale that figure directly.
Why is pip calculation different for non-standard-decimal instruments like this one?
Most forex majors use a 4-decimal pip convention, but plenty of instruments don't: JPY pairs use 2 decimals, and WIFUSD uses its own quoting convention (one point here equals a raw price move of 0.001). This calculator uses WIFUSD's own real pip/point size rather than assuming the generic 4-decimal convention, which would silently miscount the move.
Conclusion
This only holds if 10,000 units per lot is actually your own broker's real contract size for WIFUSD — it's a figure that varies by broker, especially outside plain forex majors. Always confirm your own platform's WIFUSD specification (Market Watch, then Specification) before trusting a pip/point value for a real trade. See the difference between points and pips, Wikipedia's entry on percentage in point (pip) for the underlying concept, and real MT4 screenshots comparing pip value across different lot sizes.
Contract specification
Point value and minimum lot step vary by broker on index/CFD instruments — a mismatch here is a common, avoidable cause of an unexpectedly large loss. Confirm this instrument's contract specification in your platform before sizing a real trade.
Frequently asked questions
What is a pipette?
A pipette (fractional pip) is one-tenth of a pip — the fifth decimal place for most forex pairs, or the third decimal for JPY pairs.