Forex profit calculator
Work out the profit or loss on a forex trade in pips and in your own account currency, for a buy or a sell on any major pair. Standard, mini and micro lots. Free, no sign-up, nothing leaves your browser.
One standard lot is 100,000 units of EUR. Your account is in neither currency of the pair, so enter today's USD to GBP rate. This is a calculator, not advice: trading on margin can lose more than you put in.
How forex profit is worked out
Profit is the change in price times the size of the trade. Buying 1 standard lot (100,000 units) of EUR/USD at 1.0850 and selling at 1.0900 is a 50 pip move, worth 0.0050 × 100,000 = 500 US dollars. Selling first and buying back lower makes money the same way when the price falls.
What the result leaves out
The spread, any commission and overnight financing all come off the result, so the real figure is lower. If your account isn't in the pair's second currency, the profit is converted at today's rate.
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