Forex Calculator
Calculate forex profit/loss and pips. Enter trade size, entry/exit price, and fees. Get profit in account currency and ROI including detailed pip analysis and swap fees. Informational only—consult a broker. Explore more tools on free calculators on CalculatorBolt.
Calculator
How it works
Pips = (Exit Price - Entry Price) / Pip Size × Trade Size × 10,000. Profit/Loss = Pips × Pip Value per Lot × Trade Size + Swap. ROI = (Profit / (Trade Size × Lot Value)) × 100. Pip size is 0.0001 for most pairs and 0.01 for JPY pairs. A standard lot is 100,000 units of the base currency.
Inputs explained
- Trade Size (lots): The volume of your trade. Standard lot = 1.0 (100,000 units), mini lot = 0.1 (10,000 units), micro lot = 0.01 (1,000 units).
- Account Currency: The currency in which your trading account is denominated (affects profit/loss conversion).
- Currency Pair: The forex pair you're trading (e.g., EUR/USD, GBP/USD).
- Entry Price: The price at which you opened the trade.
- Exit Price: The price at which you closed (or plan to close) the trade.
- Swap: Overnight financing charges or credits for holding positions past the daily rollover time (can be positive or negative).
Example
Trade Size = 0.1 lot, Pair = EUR/USD, Entry = 1.10000, Exit = 1.10500, Swap = $0. Pips Gained = 50 pips. Profit ≈ $50 (assuming $10 per pip per lot for USD account). ROI ≈ 5%.
Tips & notes
- A standard lot is 100,000 units of the base currency; mini lot is 10,000; micro lot is 1,000.
- Pip value depends on the quote currency and lot size. For most USD-quoted pairs, it's $10 per standard lot per pip.
- Include swap fees for overnight positions. Swap can be positive (you receive) or negative (you pay).
- This calculator assumes you're going long (buy). For short positions, profit/loss logic is reversed.
- Actual profit depends on spreads, slippage, and broker-specific fees not included in this estimate.
- Leverage amplifies both profits and losses. Manage risk carefully and use stop-loss orders.
FAQs
Disclaimer
Informational estimate only. Does not account for spreads, slippage, or overnight financing. Consult a qualified broker for accurate trade costs.