Forex · MetaTrader 5Figures from the contractEvery CFD plan

AUDJPY pip value, lot size and commission

Australian dollar / Japanese yen on MetaTrader 5: what one pip is worth, how many lots to trade for the risk you choose, the commission on each plan and the rules that apply.

  • $6.67one pip on 1.00 lot
  • 100,000AUD in one lot
  • $5commission, Edge · $4 Prime
Contract specification
Symbol
AUDJPY on MetaTrader 5
Market
Forex, cross
Contract size
100,000 AUD per lot
Price step (point)
0.001
Pip
0.01 (second decimal)
Commission
$5 Edge and Instant, $4 Prime, per lot round turn
Margin, 1.00 lot
$660 at 1:100, $2,640 at 1:25, at the example price 98.50

Standard across MetaTrader 5 servers. The terminal's Specification (right-click the symbol in Market Watch) shows the exact figures for your account.

Pip value
One pip on 1.00 lot, at 98.50$6.67
0.10 lot$0.67
0.01 lot$0.07
Commission in pips, Edge / Prime0.75 / 0.60
ForexWhen it trades

What AUDJPY is

Australian dollar / Japanese yen

AUDJPY is the Australian dollar priced in Japanese yen: a price of 98.50 means one Australian dollar costs 98.50 Japanese yen. It is a cross: neither side is the US dollar, so its pip value reaches dollars through an exchange rate.

When it trades

Forex trades around the clock from Sunday evening to Friday evening, New York time. AUDJPY is busiest when Sydney and Tokyo and Tokyo are open, and most of all where two sessions overlap.

Forex market hours, live

The formulaIn words

AUDJPY pip value, step by step

Pip value = 0.01 × 100,000 × JPY in US dollars

Find the pip

A pip on AUDJPY is 0.01, the second decimal place. MetaTrader 5 quotes one more digit, so a point is a tenth of a pip (0.001).

Multiply by the lot

One standard lot is 100,000 Australian dollars, so a pip is 0.01 × 100,000 = 1,000 JPY per lot; 0.10 lot is a tenth of that, 0.01 lot a hundredth.

Convert to dollars

The quote currency is Japanese yen: multiply by its value in dollars, about 0.00667 at the example rates, for $6.67 a pip on 1.00 lot. It moves with that rate.

AUDJPY: one pip and common moves, by lot size

1.00 lot$6.67per pip
0.10 lot$0.67per pip
0.01 lot$0.07per pip
20 pips on 1.00 lot$133.33the stop in the example below
Worked example

Risking 1% of $100,000 with a 20-pip stop

One lot loses $133.33 if a stop 20 pips away is hit (20 pips × $6.67 a pip). Risking 1% of a $100,000 account, $1,000, buys $1,000 ÷ $133.33 = 7.50 lots, rounded down to the 0.01 lot step.

The $1,000 is a quarter of the $4,000 Max Daily Loss on a $100K Edge 1 Step, so four such losses in one day would reach it. Example price 98.50: a round figure for the arithmetic, not a quote.

Money at risk$1,0001% of $100,000
Loss per lot at the stop$133.3320 pips
Lot size7.50 lotsrounded down to 0.01
Commission$37.50 / $30.00round turn, Edge and Instant / Prime
Position value$495,000at the example price 98.50
Share of Max. Exposure39.6%of $1,250,000 on a $100K account

Commission, leverage and margin on every CFD plan

Commission is round turn: half when the trade opens, half when it closes, the same in the evaluation and once funded. Margin is the position value divided by the plan's leverage ceiling, for 1.00 lot at the example price of 98.50 ($66,000 of AUD); the margin MetaTrader 5 shows when you place the order is the one that applies.

PlanCommissionPer sideLeverageMargin, 1.00 lot
Edge 1 Step$5 per lot$2.501:100$660
Edge 2 Step$5 per lot$2.501:100$660
Instant Pro$5 per lot$2.501:33$2,000
Instant Go$5 per lot$2.501:25$2,640
Prime 1 Step$4 per lot$2.001:50$1,320
Prime 2 Step$4 per lot$2.001:100$660

For education. Figures are arithmetic on the contract specification and an example price; the specification, price, spread and commission on your platform decide real results. Nothing here is financial advice, and trading leveraged products can lose money.

Open the trading calculator Type your own price, balance, risk and stop; the calculator is the one inside the WhitePips dashboard.
Every CFD planFrom the plan board

Rules that apply when you trade AUDJPY

Max. Exposure

Every open position counts at its full value against a cap set by account size: $1,250,000 on $100K. At the example price one lot of AUDJPY is $66,000, so about 18.93 lots fill the whole cap with nothing else open. Going over is a warning, and resets any profit to the starting balance; a second closes the account.

The rule

News trading

Allowed on every CFD plan. Not allowed: straddling, opening both directions (or offsetting positions on correlated instruments) within 15 minutes either side of a Red or Amber release to catch the spike. It is reviewed by the risk desk, never penalised automatically.

RBA rate decisionBoJ rate decisionEconomic calendar

Weekend holding

With the Weekend Holding add-on, keep AUDJPY open over the weekend. Without it, positions still open at 4:45 PM New York time on Friday are closed by the system: the first time is a warning, the second closes the account.

The rule

The thin-liquidity window

At most 20% of your profit may come from trades opened and closed between 21:00:00 and 22:59:59 UTC, every night, on every instrument. While it is over, payouts on that account are paused; once profit from outside the window brings the share back inside the limit, they open again by themselves. Overnight holding is allowed; swaps count like any other cost.

The rule
QuestionsShort answers

AUDJPY: questions

What is the pip value of AUDJPY?

$6.67 per pip on 1.00 lot with USDJPY at 150.00, $0.67 on 0.10 lot and $0.07 on 0.01 lot. A pip on AUDJPY is 0.01.

What lot size should I trade on AUDJPY with a $100K account?

Risking 1% ($1,000) with a stop of 20 pips: $1,000 ÷ $133.33 per lot = 7.50 lots. Halve the risk and the lots halve with it. The stop decides the size, not the account.

What is the commission on AUDJPY at WhitePips?

$5 per lot, round turn, on Edge and Instant, and $4 on Prime: $2.50 when the trade opens and $2.50 when it closes on Edge. The same in the evaluation and once funded.

What leverage can I use on AUDJPY?

The plan's leverage ceiling: 1:100 on Edge 1 Step, 1:100 on Edge 2 Step, 1:33 on Instant Pro, 1:25 on Instant Go, 1:50 on Prime 1 Step, 1:100 on Prime 2 Step. One lot at 98.50 is $66,000, so it holds $660.00 of margin at 1:100 and $2,640 at 1:25. In practice Max. Exposure sizes positions first: about 18.93 lots of AUDJPY on a $100K account.

Can I trade AUDJPY around news at WhitePips?

Yes, on every CFD plan. What is not allowed is straddling: positions in both directions, or offsetting positions on correlated instruments, within 15 minutes either side of a Red or Amber release to catch the spike. The risk desk reviews it; it is never penalised automatically.

CFDs and futuresNo time limit

Put the numbers to work

Every plan, size and price, with the rules printed before you buy. No time limit on any evaluation.