Forex Profit Calculator
Forex profit is the price move converted into pips and multiplied by the value of a pip at your position size. On a USD-quoted pair a standard lot is worth about ten dollars per pip, so the whole trade is a short piece of arithmetic once the direction is fixed.
Profit (USD account)
$50.00
- Pips gained/lost
- 50
- Pip value
- $1.00
- Per 1.0 lot
- $500.00
Values update as you type. This calculator covers the single scenario its formula assumes — see Common Mistakes for what it leaves out.
The formula this calculator uses
Profit = (Exit - Entry) x 10,000 pips x (10 x Lots) x Direction
- Entry
- Price the position was opened at
- Exit
- Price the position was closed at
- Lots
- Position size in standard lots
- Direction
- Long is plus one, short is minus one
How to check the result by hand
- 1
Find the price move
Subtract the entry price from the exit price for a long, or the other way round for a short.
- 2
Convert it to pips
Multiply the price move by ten thousand for a four-decimal pair, or by one hundred for a yen pair.
- 3
Work out the pip value
On a USD-quoted pair that is ten dollars per standard lot, so multiply ten by the number of lots.
- 4
Multiply pips by pip value
The product is the gross profit or loss in the account currency.
- 5
Check the per-lot figure
Dividing by the lot size gives the profit per standard lot, a useful sanity check.
For worked examples, common mistakes and the limits of this formula, read the full How To Calculate Forex Profit page.