Free trading tool
Profit / Loss Calculator
Estimate what a trade made or lost in pips and cash before you take it, or after it closes. Supports price and pip inputs for every major pair, metal, index and crypto.
Calculate profit or loss
Fill in the direction, lot size, entry and exit, then press Calculate to see the result.
How the result is worked out
The calculator measures the difference between exit and entry in pips, then multiplies by the pip value of your lot size. For a buy, the exit must be above entry to profit; for a sell, it must be below.
Spread, commission and swap are not included. The real result is always slightly lower than the estimate shown here, so use this as a planning figure, not a tax or broker statement.
Read the Trading Costs lessonRelated calculators
- Pip value calculator — what one pip is worth on your position.
- Position size calculator — turn risk % and stop into a lot size.
- Leverage & margin lesson — how leverage magnifies this result.
- Risk-to-reward lesson — judging whether the payoff was worth the risk.
- Danipips Trading Academy — free beginner-to-advanced course.
Profit / loss examples
A 20-pip move on different instruments and lot sizes, for a USD account. These are pre-cost estimates.
| Instrument | Direction | Lot size | Move | Result |
|---|---|---|---|---|
| EURUSD | Buy | 0.10 | +20 pips | +$20.00 |
| EURUSD | Sell | 1.00 | -30 pips | -$300.00 |
| XAUUSD | Buy | 0.50 | +50 pips | +$25.00 |
| US500 | Buy | 1.00 | +10 points | +$100.00 |
| BTCUSD | Sell | 2.00 | +100 points | +$200.00 |
Figures use standard contract sizes and indicative USD conversion rates. Actual results will differ after spread, commission and swap.
Profit / loss FAQ
How is profit or loss calculated in forex?
Profit or loss equals the number of pips gained or lost multiplied by the pip value of your position. For a buy, the exit price must be above the entry price to profit; for a sell, it must be below.
Does this calculator include spread and commission?
No. The result is a pre-cost estimate. The real profit or loss will be lower by the spread paid on entry and exit plus any commission or swap fees your broker charges.
Can I use pips instead of exit price?
Yes. Switch the exit units to Pips and enter how many pips the market moved in your favour (positive) or against you (negative). The calculator works out the exit price and the cash result.
What does a negative pip result mean?
A negative pip result means the market moved against your direction. For a buy that means the exit price is below the entry; for a sell it means the exit price is above the entry.
Why is my account currency important?
The pip value of the instrument is priced in the quote currency, often USD. The calculator converts that value into your account currency so the result matches the balance you see in your platform.
How does leverage affect profit and loss?
Leverage only changes how much margin is required to hold the position. The actual profit or loss depends on lot size and price movement, which is what this calculator shows.
Practise P&L on a demo account
Test these profit and loss scenarios on a free Exness demo account. Same prices, same platform — the safest way to learn how lot size and direction affect your balance before trading live.
Results are estimates for education only. Conversion rates used for non-USD account currencies are indicative, and your broker's contract sizes, swaps and commissions may differ. Always confirm figures in your trading platform before placing a trade.