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Profit/Loss Calculator

Calculate potential profit or loss for any trade before you enter. See your P&L in real-time.

1Trade Details

2Profit / Loss

📈 Profit (BUY EUR/USD)
+$500.00
50.0 pips × $10.00/pip
Pips
50.0
Pip Value
$10.00
Price Diff
0.00500
Lot Size
1

How to Calculate Forex Profit & Loss

The profit or loss of a forex trade is calculated using the simple formula:

P&L = (Exit Price − Entry Price) × Lot Size × Contract Size

For a buy (long) trade, you profit when the exit price is higher than the entry price. For a sell (short) trade, you profit when the exit price is lower.

Why Calculate P&L Before Trading?

  • Know your exact risk before entering any position
  • Set realistic profit targets based on pip value and lot size
  • Compare risk-to-reward ratios of different trade scenarios
  • Plan your trading day with clear monetary goals