How do I calculate profit or loss on a forex trade?

Multiply the pip movement between your entry and exit price by the pip value for your lot size. For a long trade the profit is (exit - entry) × contract size; for a short trade you invert the difference.

What is a pip on a profit and loss calculator?

A pip is the fourth decimal place for most pairs (0.0001) and the second decimal for JPY pairs (0.01). Each standard lot moves the P&L by about $10 per pip on USD-quoted pairs.

How does direction (buy/sell) affect the calculation?

A buy position profits when the exit price is above the entry price; a sell position profits when the exit price is below the entry. The calculator applies the sign of the price difference automatically.

Free Trading Tool

Profit/Loss Calculator

Calculate potential profit or loss from any forex trade based on entry and exit prices.

How do I calculate profit and loss on a forex trade?

Profit or loss equals the pip movement between entry and exit multiplied by the contract size for your lot. On a buy, profit grows as price rises (exit minus entry); on a sell it grows as price falls (entry minus exit). The calculator applies the formula for your pair, lots, and account currency.