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Take Profit Calculator

Find how many pips you need, and the take-profit price, to make a set amount on your position.

Reference price filled in — type to use your own.

Contract specs: 1 lot = 100,000 units, 1 pip = 0.0001

Standard forex lots are 100,000 units of the base currency. Check the contract specification in your broker's platform (MT4/MT5: right-click the symbol → Specification).

Direction
Solve for
USD
lots
More options: set the target as % of balance
Target in
USD

Optional. Shows the return on balance.

Pips needed

50.0 pips

at $10.00 per pip

Price move

0.00500

up

Target price

1.12580

from 1.12080

Show the math
  1. Pip value per lot0.0001 × 100,000 = 10 USD
  2. Pips needed$500.00 ÷ ($10.00 × 1.00 lots) = 50.0 pips
  3. Target price1.12080 + 50.0 × 0.0001 = 1.12580

Gross target. Add your spread and commission in pips to the move you need.

Rates from ECB, gold-api.com, CoinGecko, FX reference 2026-10-15, checked 02:16 UTC. Use your broker's live quote to trade.

Embed this calculator

Quick answer

Pips needed = profit target ÷ (pip value per lot × lots), and target price = entry ± pips × pip size. To make $500 on one standard lot of EUR/USD ($10 per pip) you need 50 pips, so a long from 1.1000 targets 1.1050 and a short 1.0950.

Worked examples: Pivots & Fibonacci

What is the Take Profit Calculator?

The profit target calculator works backwards from money to price: enter the amount you want a trade to make, and it gives the number of pips needed and the take-profit price.

Pips needed = Profit target ÷ (Pip value per lot × Lots)
Target price = Entry ± Pips needed × Pip size (+ for a long, − for a short)

On EUR/USD a pip is $10 per standard lot. A $500 target on 2 lots needs 500 ÷ (10 × 2) = 25 pips, so a long from 1.0850 targets 1.0875. On USD/JPY a pip is ¥1,000 per lot, about $6.67 at 150, so the same dollar target needs more pips.

The pips needed are gross. Spread and commission have to be covered as well — add them, or use the break-even calculator.

How to use this calculator

  1. Instrument and Account currency — a conversion rate field appears when one is needed, with a reference rate filled in.
  2. Entry price — a reference price is filled in; type your planned entry.
  3. Direction — Long (buy) or Short (sell).
  4. Profit target — the amount you want to make, in your account currency.
  5. Position size (lots).

The result shows the pips (or points) needed and the pip value they are based on, the price move, and the target price to place your take profit. If the target would need a price below zero, the calculator asks you to lower the target or increase the size. Show the math and Copy link with these numbers are below the result.

Worked example

EUR/USD. $500 target, 1 lot, entry 1.1000. Pips = 500 ÷ (10 × 1) = 50. Target price: 1.1050 for a long, 1.0950 for a short.

USD/JPY, USD account. $300 target, 1 lot, long from 150.00. Pip value = ¥1,000 ÷ 150 = $6.67, so pips = 300 ÷ 6.67 = 45 and the target is 150.45. Because yen profit is converted at the rate when you close, the result at 150.45 is about $299 rather than exactly $300.

Gold. $1,000 target on 0.5 lots: a pip ($0.10) is worth $5, so 200 pips are needed — a $20.00 move, from 2,000.00 to 2,020.00 for a long.

When to use it

  • Placing a take profit — turn an amount into a price.
  • Checking whether a target is realistic — compare the pips needed with the instrument's typical daily range.
  • Prop-firm profit targets — see the move needed at a given size.
  • Choosing size — see how the pips needed fall as the position grows, before checking the extra risk.

Common mistakes

  • Forgetting costs. A 25-pip net target with a 1.5-pip spread needs about 26.5 pips of movement.
  • Using $10 per pip on JPY pairs or crosses. USD/JPY is about $6.67 per lot at 150.
  • Sizing up to reach a target. A larger position reaches the target sooner but loses proportionally more at the stop.
  • Setting targets beyond the typical range. A correct calculation does not make a 200-pip move likely on a pair that averages 80 pips a day.

Frequently asked questions

How do I calculate the pips needed for a profit target?

Divide the target by the pip value of the whole position. On EUR/USD a pip is $10 per lot, so $500 on 2 lots needs 500 ÷ 20 = 25 pips. For other pairs, the pip value is converted to your account currency first.

Does the target include spread and commission?

No, the pips are gross. Add the spread and the commission in pips to get the move needed for the net amount, or use the break-even calculator to find the cost.

Why does USD/JPY need more pips for the same target?

A USD/JPY pip is ¥1,000 per lot, worth about $6.67 at 150 rather than $10. A $300 target on 1 lot therefore needs 45 pips instead of 30.

How does position size change the pips needed?

Inversely: double the lots and you need half the pips; halve the lots and you need twice as many. $300 on USD/JPY is 45 pips at 1 lot and 90 pips at 0.5 lots.

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