Forex Profit Calculator
Estimate profit or loss for any forex trade before or after execution. Enter entry price, exit price, lot size, and pair to calculate P&L instantly.
Trade P&L Estimator
Forex Profit Calculator
Trade P&L Analysis
Estimated Profit
+USD 500.00
+50.0 pips
Pips
+50.0
Pip Value
$10.00
per pip · 1 lot(s)
P&L estimates use approximate pip values. Actual results will vary based on broker spreads, commissions, and swap fees.
How Forex Profit and Loss Works
In forex trading, profit and loss (P&L) is calculated based on the number of pips your trade moved in your direction, multiplied by the pip value for your specific lot size and currency pair.
Long Trade Formula
P&L = (Exit Price − Entry Price) ÷ Pip Size × Pip Value × Lot Size
For a long EUR/USD trade buying at 1.08500 and selling at 1.09000 with 1 standard lot:
Calculation Example
(1.09000 − 1.08500) = 0.00500 = 50 pips
50 pips × $10/pip × 1 lot = $500 profit
Factors That Affect Real Forex P&L
This calculator provides gross P&L estimates. Actual net profit will be affected by several additional factors that professional traders always account for:
Spread
The broker's markup between bid and ask price. For EUR/USD, typical spreads are 0.5–2 pips. Always factor spread into your entry price.
Commission
ECN/STP brokers charge per-lot commissions. Typical: $3–7 per lot round-turn. Significant for high-frequency traders.
Swap/Rollover
Interest charged or credited for positions held overnight, based on the interest rate differential between the two currencies.
Slippage
The difference between expected entry/exit price and actual execution price, particularly relevant during news events and low liquidity.
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Frequently Asked Questions
How is forex profit calculated?
Forex profit is calculated as: (Exit Price − Entry Price) ÷ Pip Size × Pip Value × Number of Lots. For long trades, you profit when price rises. For short trades, you profit when price falls. The pip value varies by pair and lot size.
What is a lot in forex?
A lot is the standardized unit of measurement for a forex trade. One standard lot = 100,000 units of the base currency. Mini lots = 10,000 units, micro lots = 1,000 units. Larger lot sizes amplify both profits and losses proportionally.
Why does this calculator show estimates?
The calculator uses approximate pip values based on standard market rates. Actual P&L varies based on your broker's spread, commission, any swap fees for overnight positions, and slippage during execution. Always account for these additional costs in your trade planning.
How do I calculate profit for a short trade?
For short (sell) trades, you profit when price falls. The P&L formula reverses: (Entry Price − Exit Price) ÷ Pip Size × Pip Value × Lots. This calculator handles both long and short automatically — just select your direction.
What is the difference between gross and net P&L?
Gross P&L is the raw pip movement × pip value × lot size. Net P&L subtracts spread, commission, and swap costs. For an intraday EUR/USD trade, spread + commission can cost 1–3 pips per trade. For a 20-pip profit target, these costs represent 5–15% of your gross return.