TopStep Pip Value Calculator
Calculate the pip value for any currency pair and lot size on TopStep. See exactly how much each pip is worth in your account currency, plus 10-pip and 50-pip move values. TopStep uses trailing eod (floor moves up at end of day) with a 2% daily loss limit and 3% max drawdown. This calculator is based on the rule set reviewed on 2026-03-21.
Knowing your pip value before entering a trade on TopStep is essential for proper risk management. Different currency pairs have different pip values, and JPY pairs use a different decimal scale. This calculator converts pip value into your account currency so you know exactly what each price movement costs.
Who should use this calculator
Best for traders who know the setup they want and need the exact pip impact before choosing lot size.
Where this tool can mislead you
This calculator does not replace checking platform contract specs, account currency differences, or broker-specific pricing quirks for non-standard instruments.
Rule inputs preloaded into this calculator
- •Account sizes reflected: $50,000, $100,000, $150,000
- •Primary drawdown model: Trailing EOD
- •Daily loss rule: 2%
- •Max drawdown rule: 3%
- •Profit split range: 90% to 90%
- •Largest configured account in this calculator: $150,000
Account Size
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Frequently Asked Questions
What is TopStep's daily loss limit?
TopStep's daily loss limit is 2% of your account balance. For the $50,000 account, the daily limit is $1,000.
What drawdown type does TopStep use?
TopStep uses trailing eod (floor moves up at end of day). The floor moves up at end-of-day when your closing balance exceeds the previous peak.
What is a pip worth on TopStep?
Pip value depends on the currency pair and lot size. For EUR/USD at 1 standard lot (100,000 units), 1 pip = $10. For USD/JPY, the pip value varies with the exchange rate. Use this calculator to find the exact pip value for any pair and lot size on TopStep.
How do I calculate pip value for JPY pairs?
JPY pairs have a pip at the second decimal place (0.01) instead of the fourth (0.0001). For USD/JPY at 1 standard lot, pip value = (0.01 / exchange rate) x 100,000. At USD/JPY 150.00, that is approximately $6.67 per pip per standard lot.
Reviewed | Rules verified against official firm websites
Data source: TopStep (https://www.topstep.com). Current rule set reflected here was reviewed 2026-03-21.
Drawdown type: Trailing EOD (floor moves up at end of day) | Daily limit: 2% | Profit split: 90-90%
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