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Use our free Forex Profit Calculator to instantly calculate potential profit or loss in pips and money before opening or closing a trade. Simply enter the instrument, trade size, entry price, and exit price to get accurate results.
A Forex Profit Calculator is a trading tool that helps traders calculate potential profit or loss in both pips and account currency before placing a trade. It allows traders to plan trades more effectively and manage risk.
The calculator measures the price difference between the entry price and the exit price, multiplied by the selected trade size (lot size).
Profit Formula:
Profit = (Close Price − Open Price) × Trade Size
Instrument: Select a currency pair or trading instrument.
Deposit Currency: Choose your account base currency.
Buy or Sell: Select Buy for long trades or Sell for short trades.
Lot Size: One standard lot equals 100,000 units of base currency.
Open & Close Price: Enter your trade prices and click “Calculate”.
Opening a 1 lot BUY trade on EUR/USD at 1.16418 and closing it at 1.18418 results in a 200-pip move and an estimated $2,000 profit (excluding spreads and commissions).
A Forex Profit Calculator is a trading tool that helps traders estimate potential profit or loss in both pips and account currency before opening or closing a trade.
The calculator provides an estimate based on your input data. It does not include spreads, commissions, swaps, or slippage applied by brokers.
Yes. Most Forex Profit Calculators support major, minor, and exotic currency pairs, as well as some indices, commodities, and cryptocurrencies.
No. Leverage affects margin requirements, not the actual profit or loss calculated from price movement.
Pips measure price movement, while profit in money shows the actual monetary gain or loss based on lot size and account currency.
Last updated on 2025-12-06
