JP225 Pip Value — Contract Specs & Lot Sizes
One standard lot of JP225 is 1 index point = broker-dependent ($1, ¥100 or $10 per lot — verify in MT5 specs) with a pip size of 1.0 point. Pip value per standard lot: Broker-dependent per point.
JP225 Contract Specifications
| Instrument | JP225 — Japan 225 (Nikkei) |
| Contract Size (1 standard lot) | 1 index point = broker-dependent ($1, ¥100 or $10 per lot — verify in MT5 specs) |
| Pip Size | 1.0 point |
| Pip Value (1 lot) | Broker-dependent per point |
| USD Equivalent | ≈ $1.00 at IC Markets (verify per broker) |
| Minimum Lot | 0.1 |
| Maximum Lot | 100+ (broker-dependent) |
| Typical Spread | 5–9 points (IC avg 8.86) raw / 7–12 points standard |
| Trading Hours | 00:00–21:00 GMT (broker-dependent, Mon–Fri) |
| Platform Aliases | NK225, Nikkei, JP225, NI225 |
JP225 Pip Value by Lot Size
| Lot Size | Pip Value |
|---|---|
| 0.01 lot | scales linearly — Broker-dependent per point |
| 0.10 lot | scales linearly — Broker-dependent per point |
| 1.00 lot | scales linearly — Broker-dependent per point |
| 10.00 lot | scales linearly — Broker-dependent per point |
Values scale linearly with volume: 0.01 lot = 1% of the 1-lot value, 10 lots = 10×. ≈ $1.00 at IC Markets (verify per broker)
How to Calculate JP225 Pip Value
Because the quote currency is JPY, the USD value of each pip moves slightly with the JPY/USD exchange rate — ≈ $1.00 at IC Markets (verify per broker). Verify exact contract size in your platform (MT4/MT5 → Market Watch → right-click → Specification).
More JP225 Resources
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Frequently Asked Questions
What is the pip value of JP225?
One pip of JP225 on a 1.00 standard lot is worth Broker-dependent per point (≈ $1.00 at IC Markets (verify per broker)).
How do I calculate JP225 pip value?
Multiply pip size by contract size: 1.0 point × 1 index point = broker-dependent ($1, ¥100 or $10 per lot — verify in MT5 specs) = Broker-dependent per point per standard lot.
Does the JP225 pip value change?
The JPY value is constant, but its USD equivalent shifts slightly with the JPY/USD rate.
What is the contract size of JP225?
One standard lot is 1 index point = broker-dependent ($1, ¥100 or $10 per lot — verify in MT5 specs). Minimum trade size is 0.1 lots at most brokers.
How many pips does JP225 move per day?
~1,690 points (≈2.6%) on average (August 2026 window) — very high 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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