# How to calculate pip value on MT5

**URL:** https://community.deriv.com/t/how-to-calculate-pip-value-on-mt5/19860
**Category:** Deriv MT5
**Created:** [October 10, 2021, 1:56pm UTC](https://community.deriv.com/t/how-to-calculate-pip-value-on-mt5/19860 "2021-10-10T13:56:30Z")
**Posts on this page:** 1
**Page:** 1

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### Author: ![beclart-acinuni-2](https://avatars.discourse-cdn.com/v4/letter/b/dec6dc/32.png) [@beclart-acinuni-2](https://community.deriv.com/u/beclart-acinuni-2)
#### Post date: [October 10, 2021, 1:56pm UTC](https://community.deriv.com/t/how-to-calculate-pip-value-on-mt5/19860/1 "2021-10-10T13:56:30Z")

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How do I calculate the value of a pip based on the lot size chosen?