Estimate profit or loss from entry, exit and lot size.
The profit calculator works out the profit or loss of a forex, gold, silver or bitcoin trade from its open and close prices. Choose the instrument, direction and lot size, and it shows the move in pips and the result in money, converted into your account currency at the live rate.
Profit or loss = (close price − open price) × direction × lots × contract size
You buy 1 lot of EUR/USD at 1.10000 and close at 1.10500. Your account is in GBP, and 1 USD is worth 0.80 GBP.
Gold uses its own sizes. If you sell 0.2 lots and the price falls by 20.00, the result is −20.00 × −1 ÷ 0.10 = +200.0 pips, and −20.00 × −1 × 0.2 × 100 = +400.00 USD.
Run the numbers before you enter. Put your target in the close price to see the reward, then your stop-loss to see the loss. If the loss is more than you are happy to risk, trade a smaller size. Results are indicative, and contract sizes can vary between brokers.
New to the maths? Read spreads and pips explained, lot sizes and order types and long and short positions. To see what one pip is worth before you trade, use the pip value calculator.
No. It shows the raw price result between your open and close prices. Subtract the spread, any commission and any overnight swap to get your net profit. The spread cost calculator can turn the spread into money for you.
Gold, yes. The list covers ten major and cross currency pairs plus gold, silver and bitcoin, and the calculator uses the right pip size and contract size for each. Stock indices are not in the list, so use your broker's contract specification for those.
Choose Sell / Short as the direction. The calculator multiplies the price change by −1, so a fall in price shows as a profit and a rise as a loss. Selling EUR/USD at 1.10500 and closing at 1.10000 is +50 pips.
It is the value of one unit of the pair's quote currency in your account currency. For EUR/USD on a GBP account, it is the USD to GBP rate. Leave it blank to use the live rate, or type your own to match your statement.
On pairs quoted in USD, such as EUR/USD, one pip on 1 standard lot is worth 10 USD. Gold is also 10 USD, because a pip is 0.10 and a lot is 100 ounces. For other pairs and account currencies, use the pip value calculator.