Enter your open and close prices and position size to see the profit or loss in pips and in your account currency.
The result of a forex trade is the difference between the close price and the open price, multiplied by the position size in units. For a buy, you gain when the price rises. For a sell, you gain when it falls. The answer comes out in the quote currency of the pair, and the calculator converts it to your account currency at the current rate.
The pip result is the price move divided by the pip size, which is 0.0001 for most pairs and 0.01 for yen pairs. A move from 1.0800 to 1.0850 on EUR/USD is 50 pips. On a standard lot, with a pip worth 10 USD, that is a 500 USD profit for a buy. The calculator shows both, so you can compare trades in pips and in money.
The calculator does not include spreads, commissions or swap charges for holding a position overnight. These reduce the real result. Check your broker’s costs, and remember that the price you actually get can differ from the price you see because of slippage in a fast market.
Multiply the difference between the close and open prices by the position size in units, with the sign set by whether you bought or sold. Then convert to your account currency.
50 pips for most pairs, since a pip is 0.0001. For yen pairs a pip is 0.01, so 0.50 is 50 pips.
On a standard lot of a pair quoted in US dollars, 50 pips is worth 500 USD. On a mini lot it is 50 USD and on a micro lot it is 5 USD.
No. The spread and any commission are extra costs, so a real trade earns a little less.
A buy profits when the close price is above the open price. A sell profits when the close price is below it.
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