Forex Profit Calculator

Work out what a trade made or lost before you place it or after you close it. Choose the instrument and direction, enter the lots and the open and close prices, and add a commission if your account charges one. The calculator shows the move in pips, the value of a pip and the profit or loss in US dollars.

1. Instrument:

ℹ️ 1 lot = 100,000 EUR ($10.00 per pip)

2. Direction:

3. Lots:

4. Open price:

5. Close price:

Prices start at round hypothetical values. Enter the prices from your platform.

6. Commission per lot, round turn ($, optional):

0 for spread-only accounts; for example $7.00 on many raw-spread accounts.

Profit / loss

Buy 0.5 lots EUR/USD

$250.00

Move in pips:50

Pip value per 1 lot:$10.00

Gross result:$250.00

− Commission:$0.00

The spread is already in the open and close prices you enter. Swap (overnight financing) is not included.

Trading from India or Nigeria? Check the rules first

India

Exness, XM, Vantage Markets, IC Markets and Forex4you are named on the Reserve Bank of India's Alert List of entities not authorised to deal in forex or to operate electronic trading platforms (ETPs) for forex transactions (Alert List updated as on November 19, 2025). Source: Reserve Bank of India: Alert List (updated as on November 19, 2025); Outlook Money: RBI's updated Alert List
Markets4you is the new name of Forex4you (rebrand reported in 2024). The RBI Alert List names Forex4you (forex4you.com); it does not list the name Markets4you. Source: Reserve Bank of India: Alert List (updated as on November 19, 2025); Finance Magnates: Forex4you becomes Markets4you
Under FEMA, resident persons may undertake forex transactions only with authorised persons and for permitted purposes; electronic forex transactions must be undertaken only on ETPs authorised by the RBI or on recognised stock exchanges (NSE, BSE, MSE). Residents who trade forex on unauthorised ETPs are liable to penal action under FEMA. Source: Reserve Bank of India: FAQs on unauthorised forex trading platforms
The RBI says the Alert List is not exhaustive: an entity that is not on it should not be assumed to be authorised by the RBI. Source: Reserve Bank of India: FAQs on unauthorised forex trading platforms

Nigeria

The Securities and Exchange Commission (SEC) Nigeria says that under the Investments and Securities Act (ISA) 2025 it is an offence to operate an online foreign exchange (forex) trading platform in Nigeria without SEC registration. Source: FinancialEDGE: SEC warns unregistered digital and forex trading platforms now a crime under ISA 2025; Gazette Nigeria: ISA 2025 bans unregistered digital asset exchanges, online forex platforms

The calculators only do arithmetic; they do not mean any broker is available, licensed or legal where you live.

Forex profit formula

Pips = (Close price − Open price) ÷ Pip size (reverse the sign for a sell)

Profit = Pips × Pip value per 1 lot × Lots − Commission × Lots

USD/JPY pip value per lot = 100,000 × 0.01 ÷ USD/JPY close price

Pip size is 0.0001 for most pairs, 0.01 for yen pairs and, in this calculator, $0.10 for gold (XAU/USD). For pairs quoted in US dollars, such as EUR/USD and GBP/USD, one pip on one standard lot is worth $10. When USD is the first currency, as in USD/JPY, the pip value depends on the exchange rate, so the calculator uses the close price.

The spread is already inside the prices: a buy opens at the ask and closes at the bid. Swap (overnight financing) is charged separately and is not included.

Worked examples

Buy 0.50 lot EUR/USD

Open 1.1000, close 1.1050
Pips = 0.0050 ÷ 0.0001 = 50
Profit = 50 × $10 × 0.50 = $250.00

Profit: $250.00 (before swap).

Sell 0.10 lot gold (XAU/USD)

Open 2,400.00, close 2,385.00
Pips = $15.00 ÷ $0.10 = 150 (a sell gains as price falls)
Profit = 150 × $10 × 0.10 = $150.00

Profit: $150.00 (before swap).

Buy 1 lot USD/JPY

Open 150.00, close 151.00
Pips = 1.00 ÷ 0.01 = 100
Pip value = 100,000 × 0.01 ÷ 151 = $6.62
Profit = 100 × $6.6225 × 1 = $662.25

Profit: $662.25 (before swap).

Prices in the examples are round hypothetical values, not quotes. Some brokers count $0.01 as a gold pip; the dollar result is the same.

Frequently asked questions

How do I calculate profit in forex?

Profit = pips moved × pip value per lot × lots. Example: buying 0.50 lot of EUR/USD at 1.1000 and closing at 1.1050 is 50 pips × $10 × 0.50 = $250. Subtract any commission and swap.

How much is 1 pip worth?

On a standard lot (100,000 units) of a pair quoted in US dollars, one pip is $10; on 0.10 lot it is $1 and on 0.01 lot $0.10. On gold, one $0.10 move is $10 per 100-oz lot. Use the pip calculator for other sizes and pairs.

How is profit calculated on gold?

One standard lot of XAU/USD is usually 100 oz, so each $1.00 move in price is $100 per lot and each $0.10 move is $10. A $15 move on 0.10 lot is $150.

Does the calculator include the spread?

Yes, as long as you enter the real fill prices: a buy opens at the ask and closes at the bid, so the spread is already in the difference. Commission is entered separately; swap is not included.

Can a rebate change my profit?

A rebate is paid per lot traded, win or lose, so it adds a fixed amount per lot to every result. It lowers your cost; it does not turn a losing trade into a winner. See the forex rebate calculator for the amount per lot.