🧮 Free Trading Calculator

Forex Profit Calculator

Calculate your forex trading profit or loss instantly. Enter your currency pair, lot size, entry and exit price to get exact pips and dollar P&L.

💱 Forex Profit Calculator
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How to Calculate Forex Profit

Forex profit depends on three key factors: pip movement, lot size, and pip value. For standard lots (100,000 units), 1 pip = $10 on most pairs. So a 50-pip move on 1 lot = $500 profit or loss.

Formula

Profit = (Close Price – Open Price) × Lot Size × Contract Size × Pip Value

Why Accurate Profit Calculation Matters

Before entering any trade, you should know your potential profit and maximum loss. This is the foundation of disciplined risk management — one of the most important skills any forex trader can develop.

Frequently Asked Questions

Subtract your open price from close price, divide by pip size to get pips, then multiply by lot size × pip value (usually $10/pip for standard lots on most pairs).
A pip (percentage in point) is the smallest standard price move in forex. For most pairs like EUR/USD it's 0.0001. For JPY pairs it's 0.01.
1 standard lot = 100,000 units. 1 mini lot = 10,000 units. 1 micro lot = 1,000 units. Pip value varies accordingly.
Yes! Signal Indicator's Premium Algo shows you exact profit targets (TP) and stop loss levels on every signal so you always know your risk/reward before entering.