Profit
Profit
Estimate the profit or loss of a price move.
Pips moved
50.0
Result
+500.00 $
From price to pips, from pips to money
This profit calculator estimates how much a trade makes or loses, in your account currency. You enter the instrument, the direction of the position (buy or sell), the entry price, the exit price and the volume in lots · the tool converts the distance travelled first into pips, then into money.
The number is most useful before and after a trade: checking that a planned exit really matches the amount you have in mind, comparing two exit scenarios, or understanding afterwards why a position weighed more than expected. The result is an estimate before costs: your broker's spread, commissions and financing fees are not included.
The formula behind it
The calculation runs in two steps. First the pips: pips travelled = (exit price - entry price) ÷ pip size, multiplied by -1 when the position is a sell. Then the money: profit = pips travelled × pip value × number of lots. The pip value depends on the instrument (pip size × contract size) and is converted into your account currency using indicative exchange rates maintained by hand · so the pip count is exact, while the money amount remains an estimate.
A worked example · 50 pips on EURUSD
Take the values the calculator shows when it opens: buy EURUSD, entry 1.0850, exit 1.0900, 1 lot, account in dollars. First step, the pips: (1.0900 - 1.0850) ÷ 0.0001 = 50 pips travelled. Second step, the money: on EURUSD one pip is worth $10 for 1 lot, so 50 × 10 × 1 = $500 · the calculator shows +500.00 $. Now change one thing at a time and watch the number follow: selling (short) at the same prices gives -500.00 $, and 0.10 lot brings it down to +50.00 $. The pips never moved · direction and volume are what turn them into money.
What pips are worth on EURUSD, in dollars
Dollar account, calculator rates · cross your move in pips with your volume in lots.
| Move | 0.01 lot | 0.10 lot | 1.00 lot |
|---|---|---|---|
| 10 pips | $1.00 | $10.00 | $100.00 |
| 25 pips | $2.50 | $25.00 | $250.00 |
| 50 pips | $5.00 | $50.00 | $500.00 |
| 100 pips | $10.00 | $100.00 | $1,000.00 |
What the number doesn't tell you
The amount is an estimate before costs: your broker's spread, commissions and overnight financing are left out, and they always land on the same side · yours. Currency conversion uses indicative rates maintained by hand: the $500 of the example becomes €462.96 at the calculator's fixed rate, while your broker will apply its own rate at the moment you close. Some brokers also use different contract sizes for the same symbol, which shifts the pip value. Above all, the number says nothing about the odds of reaching your exit: $500 at 50 pips is a conversion, not a forecast.
The classic mistake
Counting in pips to compare trades, as if a pip were a unit of money. A pip has no fixed value: 50 pips on EURUSD make $500 per lot, the same 50 pips on USDJPY make $325 with the calculator's rates · same distance, different money. The other way round, 30 pips on 1 lot weigh six times more than 100 pips on 0.05 lot. A journal that counts pips tells a different story from your account: what actually moves your balance is pips × pip value × volume, never pips alone.
Frequently asked questions
What exactly is a pip?
A pip is the conventional smallest price step of an instrument: the fourth decimal on most currency pairs (0.0001), the second on yen pairs (0.01). The calculator reads the pip size from the instrument you type · a 50-pip move on EURUSD and one on USDJPY are each measured on their own scale.
Why is the result different from my broker's statement?
Three usual reasons. The currency conversion here uses indicative rates, not the rate your broker applied at the moment of closing. Trading costs · spread, commission, overnight financing · are left out on purpose. And some brokers use different contract sizes for the same symbol, which changes the pip value. The pip count itself should match.
What does the volume in lots represent?
A lot is the standard order size of an instrument: on most forex pairs, 1 lot stands for 100,000 units of the base currency. 0.10 is a mini lot and 0.01 a micro lot. Doubling the lots doubles the profit or the loss for the same price move · volume matters as much as direction.
Why does the result change when I change the account currency?
Because the gain is born in the instrument's quote currency and then converted into yours. The $500 of the example becomes €462.96 at the calculator's indicative rate (€1 = $1.08) · your broker will convert at the rate of the moment you close, hence a small gap. The pip count depends on no currency and stays the same.
Does the calculator also work for a loss?
Yes · enter an exit price on the wrong side of your entry, or your stop level, and the result turns negative: that's what this exit would cost, in your account currency. The page's example sold short at the same prices gives -500.00 $. Pricing both ends of a trade before opening it, the cost of the stop and the value of the target, is the same calculation done twice · the Position size tool runs it the other way round, starting from the loss you accept.
See also
Position size
Work out how many lots to open from your account size, risk percentage and stop loss distance in pips. Free, no sign-up, runs entirely in your browser.
Pip value
Work out what one pip is worth for any currency pair, based on your lot size and account currency. Free, instant, and everything runs in your browser.
Margin
Work out the margin a forex or CFD position ties up at any leverage: notional value and required margin, in 9 account currencies, free and with no sign-up.