Your trade
This is an educational estimate only. It does not include spreads, commissions, swaps, slippage, financing costs or taxes.
How forex profit and loss is calculated
For a long position, profit or loss is based on the exit price minus the entry price. For a short position, the calculation is reversed.
Long P/L = (Exit Price − Entry Price) × Trade Size
Short P/L = (Entry Price − Exit Price) × Trade Size
The result is initially expressed in the quote currency of the pair.
Worked example
If you buy EUR/USD at 1.1000 and sell at 1.1050 using 100,000 units, the price moves 50 pips and the estimated result is approximately $500 before trading costs.
Frequently asked questions
Does this include broker fees?
No. Spreads, commissions, swaps, financing and slippage are not included.
What currency is the result shown in?
The result is shown in the quote currency of the selected pair, such as USD for EUR/USD or JPY for USD/JPY.
Is this trading advice?
No. This calculator only performs arithmetic based on the inputs you provide.