Profit Calculator
See potential profit or loss before you trade — for forex, stocks, crypto, metals, and more. Plan smarter and manage risk with precision.
Calculate Your Potential P/L
Enter your instrument, trade size, and prices to estimate profit or loss in seconds.
Enter your trading parameters and click "Calculate Profit" to see results
A profit calculator helps traders estimate potential profit or loss before placing a trade. By entering your instrument, account currency, trade size, and open/close prices, you can instantly see how much you might gain or lose. This tool supports forex pairs, stocks, crypto, metals, indices, CFDs, and commodities, making it essential for every trader who values risk management and precision.
How to Use Profit Calculator?
- Pick your instrument
- Enter your trade size in lots or units.
- Set your Open price (entry) and Close price (exit).
- Choose the direction — Buy (Long) or Sell (Short).
- Calculate to see the potential profit or loss before you place the order.
What Is Profit?
In trading, profit is simply the difference between your open price and your close price. With a Buy (Long), you profit if the close price is higher than the open price; with a Sell (Short), you profit if the close price is lower than the open price.
Example: using a gold profit calculator—if you buy 100 units of gold at $1890.00 and sell at $1891.00, your profit is $100.
Profit Calculator Definition & Related Terms
Account Currency
The deposit currency of your trading account and the currency your result will be shown in.
Trade Size (Lots/Units)
How big your position is, entered as lots or units. Your size directly scales profit or loss.
Open Price (Entry)
The price where your trade starts.
Close Price (Exit)
The price where your trade ends; used with Open price to compute P/L.
Direction (Buy/Long or Sell/Short)
Whether you expect price to rise (Buy) or fall (Sell). Profit depends on both direction and price movement.
Pip
The standard unit that measures price movement in forex. Most pairs move in 0.0001 per pip; JPY pairs move in 0.01 per pip. For metals like Gold and Silver, a pip is commonly 0.01.
Pip Value
The money value of one pip of movement for your position, based on the pair, your lot size and your account currency. The profit calculator uses pip value behind the scenes to turn pips into cash.
Stop Loss (SL)
An order that limits loss by closing your trade automatically at a set unfavorable price. You can use the calculator to test SL levels.
Take Profit (TP)
An order that locks in profit by closing your trade at a set favorable price. The calculator helps you choose TP levels you’re comfortable with.
Spread, Commission & Swaps
Live results can differ due to spread, commissions, and overnight swaps/financing. Use calculator outputs as a guide alongside your risk plan.
How to Calculate Profit?
The profit calculator takes the difference between your entry and exit prices and multiplies it by your position’s pip value (for forex) or by units (for instruments quoted directly in your account currency). This lets you see potential profit or loss before you trade.
For forex, the pip value reflects the currency pair, your lot size, and conversion to your account currency.
Profit Calculation Formula
Profit = Pip Change × Pip Value
- Buy (Long): (Close Price − Open Price)
- Sell (Short): (Open Price − Close Price)
For forex, calculators usually express the same math in pips:
- Buy (Long): Profit = [(Close − Open) ÷ Pip Size] × Pip Value.
- Sell (Short): Profit = [(Open − Close) ÷ Pip Size] × Pip Value.
Pip Value formula (forex): Pip Value = (1 pip ÷ Close Price) × Lot size × Contract Size × Price
The profit calculator applies the above automatically once you enter your market, size, prices, and direction.
Profit Calculation Examples
- AUD/USD (USD account), 1 standard lot – Buy – Open Price: 0.73433 – Close Price: 0.74354
Pip size = 0.0001. Pip value for a standard lot ≈ $10 per pip.
Profit = (0.74354 – 0.73433) × 10000 × 10 = $921
USD/JPY (USD account), 1 standard lot – Sell- Open price: 151.712 – Close Price: 151.698
Pip Value = (0.01 ÷ 151.698) × 1 × 100,000 ≈ $6.59 per pip.Profit = (151.712 – 151.698) × 100 × 6.59 = $9.226
Why Is It Important to Use a Calculator?
- Know Your P/L Before You Trade: See the exact potential profit or loss from your entry and exit.
- Improve Your Plan: Adjust trade size and set stop loss / take profit levels that match your risk.
- Practice Better Risk Management: Use it alongside tools like a position size calculator.
- Stay Realistic: Live results can vary due to spreads, commissions, swaps, and news‑driven volatility—so treat outputs as a guide.
Frequently Asked Questions
What does a Profit Calculator do?
Which markets can I use it for?
Forex, stocks, crypto, metals, indices, CFDs, and commodities.
How does Buy vs Sell change the result?
For a Buy, profit comes from price rising; for a Sell, profit comes from price falling. The calculator handles both.
Will the calculator match live results exactly?
Not always. Spreads, commissions, swaps, and fast markets can change outcomes. Use results as a planning guide.
Can I use the calculator to set SL/TP?
Yes. Try different close prices to find Stop Loss and Take Profit levels that fit your plan.
Can I see results in my preferred currency?
Yes—choose your account currency and the calculator will display profit or loss in that currency.