Profit and loss tools
Profit Calculator
Work out the profit or loss of a trade, and the pips gained, from your entry and exit prices. You can also see how the result changes with a different direction or lot size.
- No registration
- Free
- Calculated in your browser
Check the result before you close
Result
Profit / loss
0JPY
Pips gained
-pips
Value per pip
-JPY
Price move
-
-
-
-
Profit and loss by exit price
How to read this result
Profit / loss
The price move converted to pips, multiplied by the value of one pip for that pair. A positive figure is a profit, a negative one a loss.
Pips gained
The move you captured, expressed in pips. Changing the lot size does not change the pips - only the amount of money.
Value per pip
What one pip is worth. It scales with lot size, so check first whether that figure is an amount you are comfortable with.
Method and specification
Main inputs
Direction / currency pair / lot size / entry price / exit price
When to use it
Checking the result before closing a position / converting a past trade into money
Not included
Spread, swap and commission are not included. One lot is treated as 100,000 units (100 ounces for gold).
Related tools
-
Pips converter
Convert between pips and money in either direction.
Open -
Lot size calculator
Work out the right lot size from your balance and risk percentage.
Open -
Margin calculator
Work out required margin and margin level from your lot size.
Open -
Swap calculator
Work out the swap you receive or pay while holding a position.
Open
Frequently Asked Questions
Are spread and commission included?
No. The calculation uses only the difference between your entry and exit prices. On a real account, spread, swap and commission are added or subtracted on top of this. As a rough guide, subtracting the spread from your exit price will bring the figure closer to reality.
Can I calculate a short position?
Yes. Switch the direction to Sell and a falling price is treated as a profit and a rising price as a loss. For a buy it is the other way round. Getting the direction wrong flips the sign of the result, so check it carefully.
How is profit calculated for dollar pairs and gold?
For pairs such as EUR/USD and for XAU/USD the result is first worked out in US dollars and then converted to yen at the USD/JPY rate. That is why the USD/JPY field appears. Entering the current rate there brings the converted amount closer to what you would actually see.
How big is one pip?
For yen pairs such as USD/JPY one pip is a move of 0.01, for dollar pairs such as EUR/USD it is 0.0001, and for XAU/USD (gold) it is 0.1. Some brokers label these differently.
Once your money management is settled, the next step is choosing an EA.
Browse free EAs and the rankings to compare the approach that suits you.