How forex profit is calculated
Profit = (exit − entry) × units × conversion rate (reverse the sign for sell trades)
The raw result is in the quote currency of the pair, the second currency in the name. The calculator converts it into your account currency so it matches your trading statement.
Example: Buy 0.5 lots EUR/USD at 1.08500, close at 1.09000. That is 50 pips × $5 per pip = +$250.
Things the result does not include
- Spread and commission charged by your broker.
- Swap or overnight financing if you hold the trade past the daily rollover.
- Slippage on fast market moves or news releases.
Frequently asked questions
How do I calculate profit on a sell trade?
For a sell, you profit when price falls. The calculator flips the sign automatically when you choose Sell.
Why is my broker profit slightly different?
Your broker converts profits using its live rate at the moment you close, and deducts spread, commission and swap.
How many pips is a 50-point move?
If your broker quotes 5 decimals, 50 points equal 5 pips. This calculator always works in standard pips.