Forex Profit and Loss Calculator (USD)

How to use this calculator

Select the pair and direction, enter the entry and exit prices, the position size in lots, and the account currency. The calculator returns the move in pips and its value in the account currency, labelled profit or loss. Prices can be hypothetical: entering a planned entry against a target and against a stop shows both sides of a trade before it is taken.

Used that way, the calculator turns a chart level into a reward-to-risk ratio in dollars. A target worth US$200.00 against a stop risking half that is a 2:1 trade regardless of what the pair is, and comparing dollar outcomes across pairs is more reliable than comparing pip counts, because pip values differ by pair and account currency.

The profit and loss formula

P/L = pip move x pip value, where the pip move is (exit - entry) / pip size for a buy and (entry - exit) / pip size for a sell. Pip size is 0.0001 on most pairs and 0.01 on JPY-quoted pairs, and pip value converts the result from the pair's quote currency into the account currency at current exchange rates. In my experience traders often misread the direction on a sell, so double-checking the sign before sizing the position avoids a costly error.

For a USD account, a US$200 win is simply US$200. All figures on this page use the dated rates shown in the results panel.

What the result deliberately excludes

I want to make clear that the figure is price P/L only. It excludes the spread crossed at entry, any per-lot commission, and overnight swap or financing charges. Swaps are excluded because they vary by broker, by direction, and by the day of the week (most brokers charge one day at triple rate to cover weekend settlement), so a single assumed figure would be invented rather than sourced. For held positions, the broker's published swap schedule is the only honest input.

Spread and commission, unlike swaps, are measurable per broker, and they compound with trading frequency. Our team built the broker cost calculator to rank 25 UAE-licensed brokers on exactly those two costs, and the lowest spread broker guide breaks down the per-lot charges behind it. I would run your planned trade through both before you commit, because a tight-looking spread on the platform can still hide a commission that eats your edge.

Reading results as risk, not prediction

I find that a P/L calculator is most useful before the trade, not after. Sizing a position so the stop-loss outcome is a dollar figure you can absorb keeps a losing streak survivable; our drawdown guide shows how consecutive losses compound and why capping the per-trade loss matters more than any single win. The position size calculator automates that sizing step from your risk percentage.