Calculate your Forex trade profit or loss before placing an order. Enter your currency pair, trade direction (Buy or Sell), open price, close price, and trade size in lots — then select your deposit currency to see your net profit/loss, pip difference, and pip value instantly in your account currency.
Profit / Loss
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Pip Difference
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Pip Value (per lot)
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Trade Result
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Forex profit is calculated using the formula: Profit = (Close Price − Open Price) × Lot Size × Contract Size. For a Buy trade, profit occurs when the close price is higher than the open price. For a Sell trade, profit occurs when the close price is lower. A standard lot has a contract size of 100,000 units of the base currency.
A pip (point in percentage) is the smallest standard price move in a currency pair — typically the 4th decimal place (0.0001) for most pairs, or the 2nd decimal place (0.01) for JPY pairs. Pip value per standard lot = (0.0001 / Current Rate) × 100,000. For USD-quoted pairs like EUR/USD, one pip on a standard lot equals $10.
A Buy (Long) trade profits when the market price rises — you enter at a lower price and exit at a higher price. A Sell (Short) trade profits when the market price falls — you enter at a higher price and exit at a lower price. This calculator adjusts the profit/loss direction automatically based on your selected trade direction.
A Stop Loss is a pre-set price level that automatically closes your trade to limit losses if the market moves against you. For example, on a Buy trade, you might set a Stop Loss 30 pips below your open price. Using this profit calculator, you can input your intended Stop Loss level as the close price to estimate your maximum loss before entering a trade.
Take Profit is a target price level at which your trade is automatically closed to lock in gains. By entering your desired Take Profit level as the close price in this calculator, you can see exactly how much profit you stand to make if your target is reached, helping you assess whether the trade meets your risk-reward criteria.
A standard lot equals 100,000 units of the base currency. A mini lot is 10,000 units (0.1 lots) and a micro lot is 1,000 units (0.01 lots). Smaller lot sizes reduce both potential profit and risk proportionally, making them suitable for traders with smaller accounts or tighter risk management requirements.
Using a profit calculator helps you define your risk and reward before entering any position. It removes guesswork by showing you the exact profit or loss at different price levels, letting you set proper Stop Loss and Take Profit targets, size your position correctly, and ensure each trade aligns with your overall risk management strategy.
Yes. If your account is denominated in USD but you are trading a pair like EUR/GBP where USD is not the quote currency, a conversion is needed to express profit in USD. This calculator applies approximate conversion factors so results are shown in your chosen deposit currency, giving you a realistic view of your actual account gain or loss.