Forex Profit/Loss Calculator
Calculate profit or loss on a forex trade including spread and commission.
Please note: Forex trading carries a high risk of loss, amplified by leverage. Exchange rates must be entered manually — no live market data is used.
What the Forex Profit/Loss Calculator does
Forex profit is the pip movement in your favour multiplied by pip value, less the spread you paid on entry and any commission. The spread means every trade begins slightly negative.
Formula
Pips = (Exit − Entry) ÷ Pip size, reversed for a shortPip value = Pip size × Units × Conversion rateNet P&L = Pips × Pip value − Spread cost − Commission
Inputs explained
| Input | Unit | Required | Notes |
|---|---|---|---|
| Direction | one of 2 options | Yes | — |
| Entry price | number | Yes | Accepts more than 0. |
| Exit price | number | Yes | Accepts more than 0. |
| Trade size (lots) | number | Yes | Accepts more than 0. |
| Lot type | one of 4 options | Yes | — |
| Pip size | one of 3 options | Yes | — |
| Spread | pips | Optional | Accepts 0 or more. |
| Commission (round turn) | selected currency | Optional | Accepts 0 or more. |
| Quote → account currency rate | number | Yes | Accepts more than 0. |
| Currency | one of 10 options | Optional | — |
How to use it
- Choose Direction and Lot type.
- Enter Entry price, Exit price, Trade size (lots) and Quote → account currency rate.
- Optionally add Spread and Commission (round turn).
- Select Calculate.
Worked example
Buy 0.5 lots of GBP/USD at 1.2650, exit at 1.2718, 1.2-pip spread, $7 commission.
- Direction
- Buy
- Entry
- 1.2650
- Exit
- 1.2718
- Lots
- 0.5
- Spread
- 1.2
- Commission
- 7
68 pips × $5 = $340 gross, less $6 spread and $7 commission = $327 net.
Frequently asked questions
Why does my broker show a different result?
Usually swap charges, a variable spread at the moment of execution, or slippage on the fill. Enter your actual fill prices for an exact match.