Forex Profit Calculator

Set profit targets and risk-manage losses

Never take a trade until you've planned out every potential scenario. That's a golden rule for every professional investor. The FXTM profit calculator can help you plan out potential profits and losses so you go into trades ready for every possible outcome. Calculate potential gains, set precise profit targets, and manage losses before trading.

Profit Calculator
$100
Main Currencies
INSTRUMENT
RATE
AUDUSD
0.62517
CHFJPY
175.105
EURCHF
0.93116
EURGBP
0.82959
EURJPY
163.131
EURUSD
1.04281
GBPCHF
1.12214
GBPJPY
196.582
GBPUSD
1.25672
USDCAD
1.43703
USDCHF
0.89305
USDJPY
156.439
XAGUSD
29.518
XAUUSD
2622.58

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Simple, effective, and free forex risk management.

Follow these steps to calculate profits using our free online Forex Profit Calculator.

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FREQUENTLY ASKED QUESTIONS

Check out your account window on your trading platform. Daily profits and losses are calculated on all positions you have in the right time zone for each instrument. Give us a shout if this isn’t clear.

Have a peek at our handy calculator above. Just choose your currency pair and imagine if you’re buying or selling. Once you’ve decided on the open and close price, select the currency in which you’d like to understand your potential profits.

Profit/loss can be calculated as follows:

  • (Close Price - Open Price) * Volume of Trade * Contract Size (Gold contract size is 100)
  • This will result in quote currency and respectively will be converted to account currency.

Profit/loss can be calculated as follows:

(Close Price - Open Price) * Volume of Trade * Contract Size (Currency pairs contract size is 100 000)

This will result in quote currency and respectively will be converted to account currency.

A pip is the measure of change in a currency pair in the FX market. It's the smallest unit of measurement by which a currency quote can change. Most currency pairs have a standard pip value of 0.0001 and are measured to five decimal places. You can learn more about the difference in value of a pip by currency with our handy calculator.

A profit calculator helps forex traders by providing you with a precise forecast of your potential gains or losses before executing a trade. Simply input the details of your trade, your entry and exit prices, trade size, and chosen currency pair to forecast possible outcomes based on different market scenarios. Effective use of a profit calculator aids in strategic planning and pre-trade risk assessment.

To get accurate profit calculations from our Profit Calculator, you'll need a few bits of key data:
  • the currency pair your trading
  • the entry and exit prices of your trade
  • the size of your trade in lots
Additionally, knowing your account's base currency, leverage, and any relevant fees or spreads will help in determining the net profit from a trade.

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