Forex · MetaTrader 5Figures from the contractEvery CFD plan

AUDUSD pip value, lot size and commission

Australian dollar / US dollar 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.

  • $10.00one pip on 1.00 lot
  • 100,000AUD in one lot
  • $5commission, Edge · $4 Prime
Contract specification
Symbol
AUDUSD on MetaTrader 5
Market
Forex, major
Contract size
100,000 AUD per lot
Price step (point)
0.00001
Pip
0.0001 (fourth 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 0.6600

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$10.00
0.10 lot$1.00
0.01 lot$0.10
Commission in pips, Edge / Prime0.50 / 0.40
ForexWhen it trades

What AUDUSD is

Australian dollar / US dollar

AUDUSD is the Australian dollar priced in US dollars: a price of 0.6600 means one Australian dollar costs 0.6600 US dollars. It is one of the seven major pairs, every one of them against the US dollar, and among the most traded markets there are.

When it trades

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

Forex market hours, live

The formulaIn words

AUDUSD pip value, step by step

Pip value = 0.0001 × 100,000 × lots = $10 per lot

Find the pip

A pip on AUDUSD is 0.0001, the fourth decimal place. MetaTrader 5 quotes one more digit, so a point is a tenth of a pip (0.00001).

Multiply by the lot

One standard lot is 100,000 Australian dollars, so a pip is 0.0001 × 100,000 = 10 USD per lot; 0.10 lot is a tenth of that, 0.01 lot a hundredth.

Convert to dollars

The quote currency is the dollar, so nothing to convert: $10 a pip on 1.00 lot at any price.

AUDUSD: one pip and common moves, by lot size

1.00 lot$10.00per pip
0.10 lot$1.00per pip
0.01 lot$0.10per pip
20 pips on 1.00 lot$200.00the stop in the example below
Worked example

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

One lot loses $200.00 if a stop 20 pips away is hit (20 pips × $10.00 a pip). Risking 1% of a $100,000 account, $1,000, buys $1,000 ÷ $200.00 = 5.00 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 0.6600: a round figure for the arithmetic, not a quote.

Money at risk$1,0001% of $100,000
Loss per lot at the stop$200.0020 pips
Lot size5.00 lotsrounded down to 0.01
Commission$25.00 / $20.00round turn, Edge and Instant / Prime
Position value$330,000at the example price 0.6600
Share of Max. Exposure26.4%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 0.6600 ($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 AUDUSD

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 AUDUSD 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 decisionFOMC rate decisionNon-Farm Payrolls (NFP)US CPIPCE inflationUS GDPEconomic calendar

Weekend holding

With the Weekend Holding add-on, keep AUDUSD 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

AUDUSD: questions

What is the pip value of AUDUSD?

$10.00 per pip on 1.00 lot, $1.00 on 0.10 lot and $0.10 on 0.01 lot. A pip on AUDUSD is 0.0001.

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

Risking 1% ($1,000) with a stop of 20 pips: $1,000 ÷ $200.00 per lot = 5.00 lots. Halve the risk and the lots halve with it. The stop decides the size, not the account.

What is the commission on AUDUSD 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 AUDUSD?

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 0.6600 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 AUDUSD on a $100K account.

Can I trade AUDUSD 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.