Profit & loss calculator
Know what a trade is worth before you take it.
Profit / loss
+$50
Pips captured
+50
Reward : risk
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Compare the potential profit with what you'd lose at your stop-loss — a healthy trade setup risks less than it stands to win.
What this tool actually tells you
This shows what a price move is actually worth in your account currency, before you take the trade. A 50-pip move sounds identical on every pair and every lot size — in money it isn't close.
Running it before entry is also a sanity check on the trade itself: if the realistic target only pays a few dollars once costs come out, the setup isn't worth the screen time.
Worked example
Buying 0.50 lots of EUR/USD at 1.0850 and closing at 1.0900.
| Price move | 50 pips |
| Pip value at 0.50 lots | $5 |
| Gross profit — 50 × $5 | $250 |
| Less spread (~1 pip) and any swap | ≈ $245 |
About $245 net. The gross number is never what lands in the account.
How to read the result
- Gross and net are different numbers. Spread is paid the moment you enter, commission on both sides, and swap every night you hold.
- If your account isn't denominated in the quote currency, there's a conversion in there too, at the broker's rate.
- Compare the profit figure against the loss figure from your stop. If the reward isn't clearly bigger than the risk, the trade needs a better entry — not a bigger size.
Common mistakes
- Treating the gross figure as the takeaway and being surprised by the statement.
- Assuming the stop and target fill exactly at your price — during news, slippage is routine.
- Sizing up because the calculated profit looks small. The fix for a small target is a better setup, not more leverage.
Put it into practice — risk-free
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Tools
Educational tools only — results are estimates and not financial advice. Real trading involves risk of loss; most beginners lose money.