Profit & Loss Calculator

How It Works

1. 1

   Pick Your Pair

   Select from 20+ major, minor, and exotic currency pairs.

2. 2

   Set Direction

   Choose BUY (long) or SELL (short) to match your trade.

3. 3

   Enter Prices

   Input your entry and exit prices plus lot size.

4. 4

   Read P&L

   Get your profit or loss in pips, currency, and percentage.

How do you calculate profit and loss on a forex trade?

For a BUY (long) trade, P&L = (exit price - entry price) x position size in units. For a SELL (short) trade, P&L = (entry price - exit price) x position size in units. The result is in the quote currency of the pair. Convert to your account currency using the current exchange rate if they differ.

What is a pip and how does it affect profit calculation?

A pip is the smallest standard price movement in a forex pair — 0.0001 for most pairs and 0.01 for JPY pairs. The number of pips gained or lost, combined with your lot size, determines your monetary profit or loss. For a standard lot of EUR/USD, each pip equals approximately $10.

How does lot size affect trading profit?

Lot size scales your profit and loss linearly. A standard lot (1.00) = 100,000 units, a mini lot (0.10) = 10,000 units, a micro lot (0.01) = 1,000 units. Doubling your lot size doubles both potential profit and potential loss for the same pip movement.

Does account currency affect profit calculation?

Yes. Profit is first calculated in the quote currency of the pair, then converted to your account currency. For EUR/USD with a USD account, no conversion is needed since USD is the quote currency. For pairs like GBP/JPY with a USD account, the JPY profit is converted to USD using the current USD/JPY rate.

How do I calculate profit on a crypto trade?

For crypto, the formula is the same but quoted in fiat: P&L = (exit price - entry price) x quantity of coins. If you buy 0.5 BTC at $60,000 and sell at $62,000, your profit is ($62,000 - $60,000) x 0.5 = $1,000. Factor in trading fees (typically 0.1-0.5% per trade) for accurate net profit.

What is the difference between realized and unrealized P&L?

Realized P&L is the profit or loss from closed trades — actual money gained or lost. Unrealized (floating) P&L is the current profit or loss on open positions that has not been locked in yet. Only realized P&L affects your account balance. This calculator computes the realized P&L for a completed trade.

How do swap fees affect overnight trading profit?

Swap (rollover) fees are charged or credited when you hold a position overnight. They are based on the interest rate differential between the two currencies. On some pairs, swaps can be positive (earning you money), but on most retail accounts they are a cost. For trades held over days or weeks, swap fees can significantly reduce net profit.

How do I calculate profit as a percentage of my account?

Divide your trade P&L by your account balance and multiply by 100. For example, a $200 profit on a $10,000 account is a 2% return. Tracking percentage returns (rather than dollar amounts) helps you compare performance across different account sizes and over time.

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