Forex Profit / Loss Calculator

Compute the profit or loss on any forex trade from entry, exit, lot size, and direction. Output is in your account currency using live cross rates.

Profit / Loss Calculator
Direction

Enter entry, exit, and lot size to compute P&L.

Live rates as of May 7, 10:00 AM · Source: TwelveData
How it works

Profit equals the favourable price move multiplied by your position size in the quote currency, then converted to your account currency:

price_move = (exit - entry) for a long, (entry - exit) for a short
pl_quote   = price_move × units
pl_account = pl_quote × (quote_ccy → account_ccy rate)

The calculator also reports profit in pips, which lets you compare trades on different pairs on the same scale. Spread and commission are not included – subtract those from the result for a true net figure.

Worked example

Long EUR/USD at 1.0850, exit 1.0900, 1 standard lot (100,000 units), USD account.

Price move = 1.0900 − 1.0850 = 0.0050. Pips = 0.0050 ÷ 0.0001 = 50 pips. P&L in quote (USD) = 0.0050 × 100,000 = $500. Account is USD so no conversion needed: +$500.

Short USD/JPY at 150.20, exit 149.80, 1 mini lot (10,000 units), USD account.

Price move (short) = 150.20 − 149.80 = 0.40. Pips = 0.40 ÷ 0.01 = 40 pips. P&L in quote (JPY) = 0.40 × 10,000 = ¥4,000. Convert to USD at USD/JPY 149.80: 4,000 ÷ 149.80 ≈ +$26.70.

FAQ

How is forex profit calculated?

Profit per unit equals the price difference between exit and entry, multiplied by direction (positive for a winning long, negative for a winning short). Total profit in the quote currency = price difference × position size in units. Convert to your account currency at the spot rate.

Why does my P&L look different to my broker statement?

Brokers also subtract spread, commission, and overnight swap. This calculator shows the raw price-move profit before costs. For a realistic net P&L, subtract typical spread (often quoted in pips) and any per-lot commission your broker charges.

What is a pip and how does it relate to profit?

A pip is 0.0001 for most pairs and 0.01 for JPY-quoted pairs. Profit in pips = price move ÷ pip size. The dollar value of those pips depends on position size and the conversion to your account currency, which the calculator handles automatically.

Can I use this for crypto or stocks?

No. This calculator assumes forex pip conventions (0.0001 / 0.01). Crypto pairs have variable pip definitions, and stocks use price per share with different lot conventions. Use the relevant asset class calculator instead.

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