Our useful FX Profit Calculator lets you calculate profit or loss values both in money and pips, based on live market data.
A Forex Profit Calculator is a tool that can be used to help you figure out how much money and pips would be made, or lost, in a trading position. To find this information, you input values into the calculator for the trade and it will simulate what would happen if you closed your position with profit or loss.
It can also be used to quickly see in terms of money and pips how much will be taken from an account's equity if the person changes the trade direction that they chose. This is called a stop loss hit.
Account Currency: This field is easy to understand. If you want your money converted into a different currency, you need to put it in this box. For our example, we'll choose the Australian Dollars (AUD).
Symbol/Pair: In this field, you can choose from many different types of trades. For example, AUD/USD.
Buy/Sell: For this example, we will simulate a long trade. We will buy the stock.
Lot Size: One standard lot of a Forex pair is 100,000 units per 1 lot. But for a non-Forex pair, there are different amounts. You can choose the size of the trade and use lots or units for calculations. For this example, I will input a trade size of 0.10 mini lot (0.0001).
The result: The Profit Calculator will show how much money you can make (based on the currency you entered) and also how many pips you made.
In our example, opening a trade of 0.10 AUD/USD at 0.75345 with a closing price of 0.75855 will result in a profit of AUD 67.66 and 51 pips profit per trade.
Deposit & Withdrawal
Trade directly from charts using your TraderEvolution account - easy!