Switch between Profit/Loss mode and Pips to Price mode. Calculate P/L or find your target price from pip targets.
Calculate your profit or loss by entering entry price, exit price, lot size, and trade direction.
Calculations are approximate. Actual P/L may differ due to spread, slippage, and swap costs. Always verify with your broker.
Two powerful calculators in one tool. Here's how to use each mode.
Select Profit/Loss mode to calculate P/L from entry and exit prices, or Pips to Price mode to find the target price for a specific pip target.
Select the currency pair, trade direction (buy or sell), and enter the relevant prices or pip targets. Adjust lot size to see the dollar impact.
See your profit or loss in both pips and dollars. Use this information to evaluate whether the trade fits your risk-reward criteria before entering.
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| Lot Size | Pip Value (EUR/USD) | 50 Pip Win | 50 Pip Loss |
|---|---|---|---|
| 0.01 (Micro) | $0.10 | $5.00 | -$5.00 |
| 0.10 (Mini) | $1.00 | $50.00 | -$50.00 |
| 1.00 (Standard) | $10.00 | $500.00 | -$500.00 |
| 5.00 | $50.00 | $2,500.00 | -$2,500.00 |
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Common questions about calculating forex profits and losses.
Forex profit in dollars = Number of Pips x Pip Value x Lot Size. For example, 50 pips on EUR/USD at 0.10 lots = 50 x $1 = $50 profit. The pip value varies by pair, which this calculator handles automatically.
In forex, a pip is typically the 4th decimal place (0.0001) for most pairs. A point (or pipette) is the 5th decimal place (0.00001). Most modern brokers quote 5 decimal places. So 1 pip = 10 points. Our calculator works with standard pips.
It depends on your lot size. On EUR/USD: 100 pips at 0.01 lots = $10, at 0.10 lots = $100, at 1.00 lot = $1,000. For other pairs, the pip value differs. Use this calculator to get the exact dollar amount for any pair and lot size.
Yes. For a buy trade, you profit when price goes up (exit > entry). For a sell trade, you profit when price goes down (entry > exit). The calculator automatically adjusts based on your selected direction.
Use the Pips to Price tab in our calculator. Enter the entry price and target pips, and the calculator shows the exact exit price. For EUR/USD, 50 pips above 1.1000 = 1.1050. For USD/JPY, 50 pips above 150.00 = 150.50.
Yes. Professional traders always know their potential profit and loss before entering a trade. This helps ensure the trade meets your minimum risk-reward ratio and the lot size is appropriate for your account.
A forex profit calculator is an essential tool for traders who want to know exactly how much they stand to gain or lose before entering a trade. By calculating your potential profit in dollar terms, you can make informed decisions about whether a trade is worth taking based on your risk-reward criteria.
The profit calculation in forex involves three key variables: the number of pips moved, the pip value for the pair, and the lot size. For pairs with USD as the quote currency (EUR/USD, GBP/USD), the math is straightforward. For cross pairs and metals, the calculation requires conversion factors that this calculator handles automatically.
One often overlooked aspect of profit calculation is the spread cost. Every trade starts with a small negative P/L equal to the spread. While this may seem insignificant, it adds up over hundreds of trades. For scalpers trading 1-pip spreads at 1.00 lot, each trade costs $10 in spread. Factor this into your expected profits.
United Kings provides professional forex trading signals to over 13,000 VIP traders worldwide. Use this profit calculator to evaluate our signal performance. Each signal includes entry, stop loss, and take profit levels. Simply input these values to see your potential P/L at any lot size.