GER40 Pip Value — Contract Specs & Lot Sizes
One standard lot of GER40 is 1 index point = €1.00 per lot (IC Markets standard; varies by broker) with a pip size of 1.0 point. Pip value per standard lot: €1.00 per point per lot.
GER40 Contract Specifications
| Instrument | GER40 — Germany 40 (DAX) |
| Contract Size (1 standard lot) | 1 index point = €1.00 per lot (IC Markets standard; varies by broker) |
| Pip Size | 1.0 point |
| Pip Value (1 lot) | €1.00 per point per lot |
| USD Equivalent | ≈ $1.16 (varies with EUR/USD) |
| Minimum Lot | 0.1 |
| Maximum Lot | 100+ (broker-dependent) |
| Typical Spread | 0.8–1.3 points (IC avg 1.34) raw / 1.5–2.5 points standard |
| Trading Hours | 06:00–20:00 GMT (broker-dependent, Mon–Fri) |
| Platform Aliases | DE40, DE30, DAX40, GER30 |
GER40 Pip Value by Lot Size
| Lot Size | Pip Value |
|---|---|
| 0.01 lot | scales linearly — €1.00 per point per lot |
| 0.10 lot | scales linearly — €1.00 per point per lot |
| 1.00 lot | scales linearly — €1.00 per point per lot |
| 10.00 lot | scales linearly — €1.00 per point per lot |
Values scale linearly with volume: 0.01 lot = 1% of the 1-lot value, 10 lots = 10×. ≈ $1.16 (varies with EUR/USD)
How to Calculate GER40 Pip Value
Because the quote currency is EUR, the USD value of each pip moves slightly with the EUR/USD exchange rate — ≈ $1.16 (varies with EUR/USD). Verify exact contract size in your platform (MT4/MT5 → Market Watch → right-click → Specification).
More GER40 Resources
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Frequently Asked Questions
What is the pip value of GER40?
One pip of GER40 on a 1.00 standard lot is worth €1.00 per point per lot (≈ $1.16 (varies with EUR/USD)).
How do I calculate GER40 pip value?
Multiply pip size by contract size: 1.0 point × 1 index point = €1.00 per lot (IC Markets standard; varies by broker) = €1.00 per point per lot per standard lot.
Does the GER40 pip value change?
The EUR value is constant, but its USD equivalent shifts slightly with the EUR/USD rate.
What is the contract size of GER40?
One standard lot is 1 index point = €1.00 per lot (IC Markets standard; varies by broker). Minimum trade size is 0.1 lots at most brokers.
How many pips does GER40 move per day?
~225 points (≈0.9%) on average (August 2026 window) — medium volatility among the 35 instruments in our database.
Data compiled 22 August 2026 from IC Markets product specification sheets, Myfxbook live spread/swap/volatility feeds and public education sources (FOREX.com Academy, BabyPips, FXStreet). Spreads, swaps and daily ranges change continuously — values above are representative, not quotes, and vary by broker. Verify everything in your platform's contract specification window. Educational content only — not financial advice. See our Terms.
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