The Advanced Calculator comes loaded with the correct ‘Multiplier’ for almost all currency pairs, but there are times when two different brokers may offer very different renditions of pip values for the same currency pair. In those cases, we offer you the ability to customize the Advanced Calculator to account for this.
An Example of 2 Brokers
Compare these 2 brokers. Identical trades, each for 1 standard lot, were placed on the BTCUSD at the same time. On one broker the result was -$100 while on the other broker it was 10 times as much, -$1000.
The only clue that we had as to why there was a difference was in how each broker reported spread. To compensate for this, the Advanced Calculator offers you the ability to directly modify the “multiplier” that is used behind the scenes to compute pip values.