Enter a currency pair with manual bid and ask prices. Calculate the
displayed spread in price units and pips, estimate its quote-currency
cost for a base amount, and optionally compare a second quotation.
Manual prices only
Educational information only. This tool does not retrieve live prices,
verify broker conditions, submit orders or provide executable quotations.
Popular pairs
Pair builderChoose base and quote currencies
The pip-size suggestion updates from the pair and remains editable.
Add a second quotation for comparison
Calculated quotationEUR/USD
Normal quote
Displayed spread0.0002
1.1000 − 1.0998
Price units
Spread in pips2 pips
Using pip size 0.0001
Illustrative pip conversion
Midpoint1.0999
(Bid + Ask) ÷ 2
Reference calculation
Spread percentage0.01818%
Spread ÷ midpoint × 100
Relative quote width
Base amountNo amount entered
Estimated spread costEnter an amount for a cost estimate.
The estimate excludes commissions, slippage, financing and other charges.
Quote comparison
Quote B spread0.0003
3 pips
Narrower quotationQuote A
Narrower by 1 pip
Estimated cost differenceNo amount entered
Enter a base amount to compare estimated cost.
Quote B midpoint1.0999
0.02728% of midpoint
The pip output uses the entered or automatically suggested pip size.
Verify instrument-specific conventions before applying the result elsewhere.