This tool calculates position size, pip value, margin, and estimated swap for GBPJPY based on your account currency, risk amount, and stop-loss distance. Because GBPJPY is quoted in JPY, pip value shifts with the exchange rate, so a calculator is more reliable than a fixed rule of thumb.
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Calculator
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Enter your numbers above.
How to use it
Select your account currency and enter your account balance or the amount you want to risk.
Enter your stop-loss distance in pips for the GBPJPY trade you are planning.
The calculator returns the recommended lot size, pip value in JPY and USD, required margin, and estimated swap for holding overnight.
Adjust the stop-loss or risk amount to see how position size and pip value change before placing the order.
GBPJPY contract specification
Symbol
GBPJPY
Asset class
Crosses
1 pip
0.01
Contract size (1 standard lot)
100,000 GBP
Quote currency
JPY
Pip value — Standard lot (1.0)
$6.1576
Pip value — Mini lot (0.1)
$0.615764
Pip value — Micro lot (0.01)
$0.061576
Typical swap (long, per lot per night)
-1.9
Typical swap (short, per lot per night)
-5.8
Pip values for non-USD-quoted instruments are converted at the FX rate recorded on the build date shown above. The live calculator on the homepage refreshes these rates on every page load — use it for exact sizing.
Trading GBPJPY
Spread and swap differ by broker, which changes what a position actually costs you.
One pip on GBPJPY equals 0.01 in price terms, and its dollar value depends on lot size: $6.1576 for a standard lot, $0.615764 for a mini lot, and $0.061576 for a micro lot. These figures are already converted to USD, so no extra conversion step is needed.
What is the pip value for a 0.01 lot on GBPJPY?
A 0.01 lot is a micro lot, and its pip value on GBPJPY is $0.061576 per pip. This is the figure to use when sizing very small or test positions.
How does the GBPJPY lot size calculator work?
You input your account currency, risk amount, and stop-loss distance in pips, and the calculator divides your risk by the pip value and stop distance to suggest a lot size. This keeps your loss on a losing trade in line with the amount you chose to risk.
How is margin calculated for GBPJPY?
Margin is based on the contract size for GBPJPY, which is 100,000 GBP per standard lot, multiplied by the current price and divided by your account leverage. The calculator applies your broker's leverage setting automatically once you enter lot size.
What are the swap rates on GBPJPY?
Swap is the overnight financing cost or credit for holding a position, shown here as -1.9 for long positions and -5.8 for short positions per standard lot. These rates are broker-typical and can vary, so check your broker's live swap schedule before holding trades overnight.
Can I use this calculator to estimate GBPJPY profit before entering a trade?
Yes, enter your planned lot size and target distance in pips to see the projected profit or loss in your account currency. It uses the same pip value figures as the position size and margin results, so all three stay consistent.