Forex Profit / Loss Calculator
Calculate the profit or loss on a forex trade from entry, exit, direction and lot size. Free P/L calculator with pip move and currency result.
Know the outcome before you place the trade
A profit/loss calculator lets you model a trade in advance: given an entry, an exit, and a size, how much do you actually make or lose? Running the numbers first is a habit of disciplined traders.
How to use this calculator
Select the pair and direction (buy or sell), enter your entry and exit prices, and your position size in lots. The calculator returns the move in pips and the profit or loss in the quote currency.
How it works
P/L = (Exit β Entry) Γ Units Γ direction
Direction is +1 for a buy and β1 for a sell, so a sell profits when price falls. The result is in the pair’s quote currency; convert to your account currency at the quote-to-account rate.
Plan the exit, not just the entry
Most traders spend all their attention on where to enter. Modelling the profit at your target and the loss at your stop before you trade forces you to check that the reward justifies the risk β see our risk/reward calculator.
For information and education only β not financial advice. Verify figures with your broker before trading. See our editorial policy.