Profit or loss in forex trading is determined by the price difference between your entry and exit, multiplied by your position size. For a buy (long) trade, you profit when the price rises. For a sell (short) trade, you profit when the price falls.
The formula is straightforward: Profit = (Exit Price − Entry Price) × Lot Size × Contract Size for a buy trade. For a sell trade, reverse the entry and exit prices. The result is in the quote currency of the pair.
For example, buying 1 standard lot of EUR/USD at 1.0800 and selling at 1.0850 yields a profit of (1.0850 − 1.0800) × 100,000 = $500. The same 50-pip move on 0.1 lots would yield $50, and on 0.01 lots just $5.
Choose the instrument and whether you're going long (buy) or short (sell).
Standard lot = 1.0, mini lot = 0.1, micro lot = 0.01. The calculator supports any lot size.
Enter your planned entry price and target exit price (or stop loss) to see the potential result.
The calculator shows the profit/loss in the quote currency, the number of pips gained or lost, and the formula used.
Common Questions