Forex Profit & Loss Calculator

The profit/loss calculator tells you exactly what a trade is worth in actual money. Enter your entry price, exit price, lot size, and it converts the pip movement into dollars (or whatever currency your account uses).

This sounds basic, but cross pairs, exotic pairs, and different lot sizes make mental math unreliable. A 50-pip move on EUR/USD is not the same dollar amount as 50 pips on GBP/NZD.

The Formula

Profit/Loss = (Exit Price - Entry Price) × Lot Size × Contract Size

For pairs not quoted in your account currency, there's an extra conversion step. The calculator handles this automatically.

Using the P/L Calculator

1. Select the pair — Different pairs have different pip values.
2. Choose trade direction — Buy or sell. This determines if positive movement = profit.
3. Enter entry price — Where you opened the trade.
4. Enter exit price — Where you closed or plan to close.
5. Input lot size — Your position size.
6. Read the result — Profit or loss in your account currency.