Forex · MetaTrader 5Figures from the contractEvery CFD plan

EURPLN pip value, lot size and commission

Euro / Polish zloty 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.

  • $2.53one pip on 1.00 lot
  • 100,000EUR in one lot
  • $5commission, Edge · $4 Prime
Contract specification
Symbol
EURPLN on MetaTrader 5
Market
Forex, exotic
Contract size
100,000 EUR 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
$1,085 at 1:100, $4,340 at 1:25, at the example price 4.3000

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 4.3000$2.53
0.10 lot$0.25
0.01 lot$0.03
Commission in pips, Edge / Prime1.98 / 1.58
ForexWhen it trades

What EURPLN is

Euro / Polish zloty

EURPLN is the euro priced in Polish zloty: a price of 4.3000 means one euro costs 4.3000 Polish zloty. It is an exotic pair: a major currency against a smaller or emerging-market one, usually with wider spreads and larger swaps than the majors.

When it trades

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

Forex market hours, live

The formulaIn words

EURPLN pip value, step by step

Pip value = 0.0001 × 100,000 × PLN in US dollars

Find the pip

A pip on EURPLN 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 euros, so a pip is 0.0001 × 100,000 = 10 PLN per lot; 0.10 lot is a tenth of that, 0.01 lot a hundredth.

Convert to dollars

The quote currency is Polish zloty: multiply by its value in dollars, about 0.2532 at the example rates, for $2.53 a pip on 1.00 lot. It moves with that rate.

EURPLN: one pip and common moves, by lot size

1.00 lot$2.53per pip
0.10 lot$0.25per pip
0.01 lot$0.03per pip
90 pips on 1.00 lot$227.85the stop in the example below
Worked example

Risking 1% of $100,000 with a 90-pip stop

One lot loses $227.85 if a stop 90 pips away is hit (90 pips × $2.53 a pip). Risking 1% of a $100,000 account, $1,000, buys $1,000 ÷ $227.85 = 4.38 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 4.3000: a round figure for the arithmetic, not a quote.

Money at risk$1,0001% of $100,000
Loss per lot at the stop$227.8590 pips
Lot size4.38 lotsrounded down to 0.01
Commission$21.90 / $17.52round turn, Edge and Instant / Prime
Position value$475,230at the example price 4.3000
Share of Max. Exposure38%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 4.3000 ($108,500 of EUR); 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$1,085
Edge 2 Step$5 per lot$2.501:100$1,085
Instant Pro$5 per lot$2.501:33$3,288
Instant Go$5 per lot$2.501:25$4,340
Prime 1 Step$4 per lot$2.001:50$2,170
Prime 2 Step$4 per lot$2.001:100$1,085

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 EURPLN

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 EURPLN is $108,500, so about 11.52 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.

ECB rate decisionEurozone CPIEconomic calendar

Weekend holding

With the Weekend Holding add-on, keep EURPLN 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

EURPLN: questions

What is the pip value of EURPLN?

$2.53 per pip on 1.00 lot with USDPLN at 3.9500, $0.25 on 0.10 lot and $0.03 on 0.01 lot. A pip on EURPLN is 0.0001.

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

Risking 1% ($1,000) with a stop of 90 pips: $1,000 ÷ $227.85 per lot = 4.38 lots. Halve the risk and the lots halve with it. The stop decides the size, not the account.

What is the commission on EURPLN 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 EURPLN?

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 4.3000 is $108,500, so it holds $1,085 of margin at 1:100 and $4,340 at 1:25. In practice Max. Exposure sizes positions first: about 11.52 lots of EURPLN on a $100K account.

Can I trade EURPLN 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.