sizelot

NZDUSD lot size

1 standard lot is 100,000 New Zealand dollars, and each pip (0.0001) is worth $10 per lot.

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NZDUSD pip value

SizeLotsUnitsPip value
Standard1.00100,00010.00 USD
Mini0.1010,0001.00 USD
Micro0.011,0000.10 USD

NZDUSD: 1 pip = 0.0001 in price. Values in USD, the currency it is quoted in; the calculator converts them to your account currency.

Specification checked on (standard in MT4 and MT5).

Example

A $10,000 account, 1% risk ($100) and a stop 20 pips away. Each pip is worth 10.00 USD per lot, so the stop costs 200.00 USD per lot: 100 ÷ 200.00 = 0.50 lots.

Frequently asked questions

How much is one pip worth on NZDUSD?

On NZDUSD, 1 pip is a move of 0.0001 in the price. With 1 lot (contract size 100,000) it is worth $10; with 0.10 lots, $1, and with 0.01 lots, $0.10.

How many NZDUSD lots should I open to risk $100 with a 20-pip stop?

With a 20-pip stop, each lot loses $200. To risk $100: 100 ÷ 200.00 = 0.5000 lots, which rounded down to the 0.01 step is 0.50 lots.

What is the minimum lot size on NZDUSD?

At almost every MT4 and MT5 broker it is 0.01 lots (a micro lot), that is 1,000 NZD, and each pip is worth $0.10 at that size.

What leverage and margin does NZDUSD need?

For retail clients in the EU, ESMA caps NZDUSD at 1:20. At a price of 0.57000, 1 lot controls $57,000 and needs about $2,850 of margin.

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