# \#pip

**URL:** https://community.deriv.com/tag/pip/29.md

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## [PIP calculation](https://community.deriv.com/t/pip-calculation/28954)

<div class="topic-metadata">

**Author:** [@Margaret\_deriv](https://community.deriv.com/u/Margaret_deriv)\
**Replies:** 0\
**Last updated:** [April 14, 2022, 7:41am UTC](https://community.deriv.com/t/pip-calculation/28954 "2022-04-14T07:41:46Z")

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Dear members, PIP refers to “Percentage in Point”. It will be determined by the digits in the MT5 market details and description. A pip calculator calculates the value of a pip in monetary terms, helping you estimate po…