Forex Profit Calculator โ P&L Calculator for Traders
Calculate your exact profit or loss for any forex, metals, crypto, or indices trade. Enter your entry price, exit price, lot size, and direction โ the calculator returns pips gained, pip value, and total P&L in your account currency across 76+ instruments.
โ๏ธ Profit / Loss Calculator
Fill in the fields and press Calculate.
Reading Your Results
What each output means.
The distance between your open and close price expressed in pips. Positive = move in your favour. Negative = move against you.
How much money each pip is worth per lot in your account currency. EUR/USD = $10/pip per standard lot in a USD account.
Your total P&L = Pips ร Pip Value ร Lots. Green = profit, Red = loss. Shown in your selected account currency.
What Is a Forex Profit Calculator?
A forex profit calculator is a tool that tells you exactly how much money you made or lost on a trade โ before you exit or after you close. Instead of mental arithmetic with pip values and lot sizes, this calculator takes your entry price, exit price, lot size, and trade direction, and returns a precise P&L figure in your account currency. It works across forex pairs, gold, crypto, indices, and commodities.
Pre-trade planning
Enter your intended entry and take-profit levels to know the exact dollar gain before you place the trade. Pair with the Position Size Calculator for complete trade planning.
Post-trade review
Review closed trades by entering actual open and close prices. Get precise pip counts and P&L for your trade journal โ no manual calculation required.
Multi-currency support
When your account currency differs from the instrument's quote currency, the calculator fetches a live conversion rate from TradingView and converts your P&L automatically.
How Forex Profit & Loss Is Calculated
Forex P&L is driven by the price difference between your entry and exit, scaled by your lot size. Direction determines the sign โ a BUY profits when price rises, a SELL profits when price falls.
Open 1.1000, close 1.1050 โ 50 pip gain.
1 standard lot, USD account โ pip value = $10.
Profit = 50 ร $10 = $500.
Open 1.2700, close 1.2750 โ price moved up 50 pips against the SELL.
1 standard lot, USD account.
Loss = โ50 ร $10 = โ$500.
How to Use This Calculator Effectively
Choose the pair or asset you traded. The calculator automatically loads the correct pip size and contract size for that instrument.
If your account is in a non-USD currency and the instrument quotes in USD, the calculator fetches a live conversion rate and applies it automatically.
Select BUY (long) or SELL (short) and enter your lot size. Standard lot = 1.0, mini = 0.1, micro = 0.01.
For planned trades, use your intended entry and take-profit. For completed trades, use the actual fill prices from your broker.
The results bar shows pips gained/lost, pip value per lot, and total profit or loss in your account currency โ ready to copy into your trade journal.
P&L Examples โ EUR/USD, 1 Standard Lot, USD Account
| Direction | Open Price | Close Price | Pips | Profit / Loss (USD) |
|---|---|---|---|---|
| BUY | 1.1000 | 1.1050 | +50 | +$500.00 |
| BUY | 1.1000 | 1.0950 | โ50 | โ$500.00 |
| SELL | 1.1000 | 1.0950 | +50 | +$500.00 |
| SELL | 1.1000 | 1.1050 | โ50 | โ$500.00 |
| BUY | 1.1000 | 1.1100 | +100 | +$1,000.00 |
Understanding Risk:Reward Ratio
Your profit calculator result only tells half the story. The risk:reward ratio compares how much you risked (stop loss distance) against how much you gained (take profit distance). A 1:2 ratio means you risk $100 to make $200.
Break even โ you need to win more than 50% of trades to be profitable after spreads and commissions.
Standard target โ you only need a 34% win rate to break even. Common among swing traders.
Excellent โ a 25% win rate breaks even. Achievable on high-quality setups with patience.
Use This Forex Profit Calculator on Your Website
This forex profit and loss calculator is available as a free embeddable tool for forex educators, broker review sites, trading blogs, and financial content publishers. Adding an interactive P&L calculator to your site gives traders an immediate reason to stay, return, and trust your platform as a practical trading resource.
Built for trading websites
Supports 75+ instruments with correct pip sizes and contract sizes. Live TradingView price feeds and automatic multi-currency conversion built in.
Boosts SEO and engagement
Interactive tools increase time-on-page and reduce bounce rate. P&L calculators rank for high-intent queries like 'forex profit calculator' and 'how much did I make on this trade'.
Works across all asset classes
One tool covers forex, metals (gold, silver), crypto (BTC, ETH), global indices (US30, NAS100, DAX), and commodities โ useful for any multi-asset trading audience.
Ideal for broker comparison sites
Traders comparing brokers use P&L calculators before depositing. Embedding this tool alongside your broker reviews improves conversion and affiliate referral quality.
To request embedding or white-label access, contact the DeepTradeIQ team via the DeepTradeIQ website. Custom branding, instrument presets, and default values are available for qualified partners.
Frequently Asked Questions
How is forex profit calculated?
Forex profit = (Close โ Open) ร Lots ร Contract Size ร Conversion Rate for a BUY trade. For SELL it is (Open โ Close) ร the same multipliers. For example, buying 1 lot EUR/USD at 1.1000 and closing at 1.1050 gives 50 pips ร $10/pip = $500 profit in a USD account.
What is the difference between a BUY and SELL trade?
A BUY (long) trade profits when price goes up โ your close price must be above your open price. A SELL (short) trade profits when price goes down โ your close price must be below your open price. This calculator handles both directions correctly and shows positive or negative P&L accordingly.
Why does the calculator fetch a conversion rate?
When your account currency differs from the instrument's quote currency (e.g. a GBP account trading EUR/USD where the quote is USD), your P&L must be converted from USD into GBP. The calculator fetches the live GBP/USD rate from TradingView and applies it automatically โ you can also enter the rate manually.
What is pip value and why does it matter?
Pip value is the monetary value of a single pip move per lot in your account currency. For EUR/USD with a USD account, 1 pip = $10 per standard lot. Pip value changes with lot size (0.1 lot = $1/pip) and varies by instrument โ Gold, crypto and indices all have different pip values, which this calculator applies automatically.
Does this calculator work for gold, crypto, and indices?
Yes. This calculator supports 76+ instruments including all major and minor forex pairs, gold (XAU/USD), silver (XAG/USD), Bitcoin, Ethereum, Solana, US30, NAS100, SPX500, UK100, GER40, WTI crude oil, and more. Each instrument uses its correct pip size and contract size automatically.
Can I use this for pre-trade planning?
Yes โ enter your intended entry price and take-profit level to see your exact expected profit before placing the trade. This is particularly useful for verifying your risk:reward ratio alongside the Position Size Calculator, which tells you the correct lot size to use.