Forex Profit/Loss Calculator
Calculate your potential profit or loss before entering a trade. Know your risk and reward upfront.
How Forex P&L is Calculated
Calculate the price difference — for a buy trade, subtract the entry price from the exit price. For a sell, subtract exit from entry.
Convert to pips — divide the price difference by the pip size (0.0001 for most pairs, 0.01 for JPY pairs).
Calculate pip value — the monetary value of each pip depends on the lot size, pip size, and exchange rate to your account currency.
Multiply pips by pip value — P&L = Pips Gained x Pip Value Per Lot x Lot Size.
Formula
P&L = (Price Difference / Pip Size) x (Lot Size x 100,000 x Pip Size) x Quote-to-Account Rate
Note: This calculator does not account for spread, commission, or swap fees. Actual results may vary slightly from your broker.
Trade Results
Profit / Loss
Pips Gained / Lost