## Pip Calculator for Synthetic indices

This is a Special Synthetic indices Pip calculator. Calculate the pip value using this simple synthetic indices calculator. Also access the position size calculator for lot size

## How to calculate pip value for synthetic indices?

To calculate pips on synthetic indices, you first need to understand how the index is valued. Most synthetic indices are valued in points, with each point typically equivalent to 0.01 units of the base currency. Here is an example on how to calculate the value of a pip### Step by step Results and formula

you can use a simple formula:**pip value = (1 point/spot price) x trade size.**For example, if the price of a synthetic index is at 1500 and you are trading a standard lot size of 100,000 units, the calculation would be: (1/1500) x 100,000 = 66.67. This means that each pip movement for this index would be worth around $66.67.

## Can this Synthetic Pip calculator be used on forex?

No, this calculator is mainly designed for synthetic indices offered by deriv and cannot be used on forex market. This is a deriv pip calculator.### Why do we need a pip value calculator?

Having a pip calculator helps you know how much each pip is worth, this can help with risk management especially when trading very volatile markets like volatility indices. We saw in the The previous example above how one pip was $66## Is the synthetic indices lot size calculator same as Pip value calculator ?

No, the synthetic indices position size calculator is different from the pip value calculator. One calculate how much 1 pip is worth while the other one calculate a lot size to be used to archive certain X amount of profit or loss at a given stop loss level and take profit. The video below shows an app calculator for synthetic indices. This is a special synthetic indices lot size calculator and can help traders know their profit and loss as well before taking a trade. The app calculator will help you and it is powered by deriv API and it is easy to use.## This calculator works for the following synthetic indices

- Boom 1000 Index
- Boom 300 Index
- Boom 500Index
- Crash 1000 Index
- Crash 300 Index
- Crash 500 Index

- Jump 10 Index
- Jump 100 Index
- Jump 25 Index
- Jump 50 Index
- Jump 75 Index

- Range Break 100 Index
- Range Break 200 Index

- Step Index

- Volatility 10 (1s) Index
- Volatility 10 Index
- Volatility 100 (1s) Index
- Volatility 100 Index
- Volatility 200 (1s) Index
- Volatility 25 (1s) Index
- Volatility 25 Index
- Volatility 300 (1s) Index
- Volatility 50 (1s) Index
- Volatility 50 Index
- Volatility 75 (1s) Index
- Volatility 75 Index
- Volatility 150 (1s) Index
- Volatility 250 (1s) Index
- AUDUSD DFX 10 Index
- EURUSD DFX 10 Index
- GBPUSD DFX 10 Index
- USDCHF DFX 10 Index
- USDJPY DFX 10 Index
- AUD Basket
- EUR Basket
- GBP Basket
- Gold Basket
- USD Basket
- AUDUSD DFX 20 Index
- EURUSD DFX 20 Index
- GBPUSD DFX 20 Index
- USDCHF DFX 20 Index
- USDJPY DFX 20 Index
- DEX 900 DOWN Index
- DEX 900 UP Index
- DEX 600 DOWN Index
- DEX 600 UP Index
- DEX 1500 DOWN Index
- DEX 1500 UP Index
- Drift Switch Index 10
- Drift Switch Index 20
- Drift Switch Index 30