Forex Profit Calculator
Estimate the P&L of a trade before you enter. Pick a pair for live prices, or type them manually for limit orders.
Input
Auto-filled from live rate. Override if needed.
Result
Profit
↑ 70.0 pips+$700.00
+1.40% of account
New Balance
$50,700
Per Pip Value
$10.00
P&L Scenarios (Long)
Prop Firm Tip
A 1.40% gain per trade compounds fast. Keep the same process on the next trade. Consistency matters more than position size.
How Forex Profit Is Calculated
Profit or loss on a forex trade is the distance price moved in pips, multiplied by the value of one pip on the position you held. Direction decides the sign: a long position gains when price rises, a short gains when it falls. Everything else, including leverage, affects how much capital the trade tied up rather than what it returned.
The Profit Formula
Two inputs decide the outcome. The rest of the calculator exists to derive the second one correctly for the pair you traded.
Profit or loss = Pips moved x Pip value x Direction
A 50-pip gain on one standard lot of EUR/USD, where a pip is worth 10, returns 500. The same 50 pips on a micro lot returns 5. Price did the identical thing in both cases; only the size of the position differed, which is why pip value has to be right before the profit figure means anything.
Long and Short
On a long position the calculation is exit minus entry. On a short it is entry minus exit, so a fall in price produces a gain. The arithmetic is symmetrical, and the calculator flips it for you rather than requiring you to enter a negative distance.
Gross Result Versus What You Keep
The formula gives the gross figure. Spread is paid on entry and commission is charged per lot on both sides, so the amount credited is smaller than the raw pip move suggests. On a wide move that difference is marginal; on a ten-pip scalp it can be most of the result, which is why short-horizon strategies are far more sensitive to costs than the pip count alone implies.
Reading the Result on a Challenge Account
On a FundedFast challenge or funded account, both of which are simulated trading accounts, the maximum daily loss is 5% of your starting balance and the maximum total loss is 10% of your starting balance, raised to 20% where the drawdown add-on was purchased on an eligible account. The same calculation run on a losing trade is what consumes that allowance, and because the limits are checked against equity, an open position's unrealised loss counts while the trade is still running rather than only once it closes.
This section is educational information about how trade outcomes relate to loss limits on a simulated evaluation account. It is not financial advice, and figures produced by this calculator are illustrative rather than a projection of results.
Forex Profit Calculator FAQ
How do you calculate profit on a forex trade?
Multiply the number of pips price moved by the value of one pip on your position, then apply the direction. A 50-pip gain on a standard lot where a pip is worth 10 returns 500 gross, before spread and commission.
How is profit calculated on a short position?
Entry price minus exit price, rather than the other way round, so a fall in price produces a gain. The pip value and position size work identically to a long; only the sign of the distance changes.
Does leverage change how much profit I make?
No. Leverage determines how much margin the position ties up, not what it returns. Profit follows from position size and pips moved. Leverage affects profit only indirectly, by making a larger position possible on the same balance.
Why is my actual profit lower than the calculator shows?
The formula returns the gross figure. Spread is paid on entry and commission is charged per lot on both sides, so the credited amount is smaller. On short-horizon trades those costs can represent a large share of the result.
How much is 100 pips worth?
It depends entirely on position size. On one standard lot of a pair quoted in your account currency, roughly 1,000. On a mini lot roughly 100, and on a micro lot roughly 10. Pip value has to be established before a pip count means anything.
What is the difference between realised and unrealised profit?
Realised profit is what a closed position credited to the balance. Unrealised is what an open position is currently showing. On an evaluation account the distinction matters, because loss limits are checked against equity, so an unrealised loss counts while the trade is still open.
Can I use this to project future returns?
No. It calculates the outcome of a trade whose entry and exit you supply. Applying it to hypothetical prices shows what those prices would have produced; it says nothing about whether they will occur.
Is this profit calculator free?
Yes. It is free and does not require an account. Nothing you enter is stored or sent anywhere; the calculation runs entirely in your browser.