Break-Even Price Calculator

The break-even price is the level at which closing a trade returns zero after spread and commission. Measured from the chart (bid) price at entry, a long has to rise by the spread plus the commission (expressed in pips) before it breaks even; a short has to fall by the same amount.

Cost in pips = Spread + Round-turn commission per lot ÷ Pip value per lot
Break-even = Entry ± Cost in pips × Pip size (+ for a long, − for a short)

With a 1.2-pip spread and $7 round-turn commission on EUR/USD, where a pip is $10 per lot, the commission is 0.7 pips and the total cost 1.9 pips. A long from 1.10000 breaks even at 1.10019.

Because commission and pip value both scale with lot size, the cost in pips is the same for any size; only the money cost grows with lots. For trades held overnight, enter the swap paid or earned so far: a paid swap moves break-even further away, a credit brings it closer.

1. Instrument and Account currency — these set the pip size and the pip value used to convert commission into pips.
2. Entry price (chart / bid) — the price on the chart when you open; a reference price is filled in.
3. Direction — Long (buy) or Short (sell).
4. Spread (pips) — the gap between bid and ask when you open.
5. Commission per lot, round turn — open and close together. Enter 0 for a spread-only account; if your broker quotes per side, double it.
6. Position size (lots).
7. Swap so far — optional; negative if you paid swap, positive if you earned it.
8. More options — add up to four more positions in the same direction; break-even uses the lot-weighted average entry.

The result shows the break-even price, the total cost in pips (split into spread and commission) and the total cost in your account currency. Show the math lists each step; Copy link with these numbers saves the inputs.