Forex Profit Calculator 🧮

Planning your trades before entering the market is crucial. Use our Forex Profit Calculator to quickly determine your potential profit or loss in both pips and your account currency — based on your entry, exit, and trade size.

How to Use the Profit Calculator

1. Choose Currency Pair – Select the pair you’re planning to trade.
2. Enter Trade Size – Input the number of lots or units.
3. Set Entry and Exit Prices – Define where you plan to open and close the trade.
4. Click Calculate – The tool will display potential profit/loss in both pips and account currency.

💡 Tip: Calculating profit before entering helps you set realistic expectations and improves your trade planning.

Why Profit Calculation Matters

Many traders enter positions without fully understanding the potential outcome. By using a profit calculator, you can assess your trade setup in advance, ensuring that the reward justifies the risk and that your stop loss and take profit are placed correctly.

Example Calculation

Pair: EUR/USD Trade Size: 1 lot Entry: 1.1000 → Exit: 1.1050 (50 pips) ➡️ Profit ≈ $500 (50 pips × $10/pip per lot). If reversed, that would be a $500 loss.

Related Forex Tools

• Risk Reward Calculator
• Pip Value Calculator
• Margin Calculator
• Position Size Calculator

Frequently Asked Questions (FAQ)

Can this calculator show both profit and loss?

Yes. By comparing your entry and exit levels, it calculates both potential profit and loss depending on direction.

Does this work for all forex pairs?

Yes. The profit calculator works for all currency pairs and instruments supported by your broker.

Is pip value included automatically?

Yes. The calculator factors in pip value based on the currency pair and lot size you choose.

External References

• Investopedia – Profit Explained
• Myfxbook Profit Calculator