What is a forex profit calculator?

A forex profit calculator is a tool used by forex traders to calculate the profit or loss from a particular trade. This calculator factors in a trader’s entry and exit price, the currency pair being traded, the number of units, the cost of spread and rollover, as well as any applicable commissions.

How does the profit calculator work?

The profit calculator calculates your trade's profit or loss providing results in one of eight base currency accounts.

How do I calculate potential profits or losses?

To calculate potential profits or losses of a trading position, specify certain trade parameters (e.g., the currency pair, deposit currency, and trade size), the opening and closing price of your trade, and whether you buy or sell. (3.5 * 100,000 USD)* (0.96543 CHF per USD-0.95666 CHF per USD) = 3069.5 CHF.

How to calculate profit & loss on GBP/USD?

For example, a trade on GBP/USD with an account denominated in euros. To calculate profit and loss, you must locate the EUR/USD exchange rate and repeat the same process as demonstrated in the second trade example (20 USD / EUR/USD exchange rate). Dividing 20 USD by the GBP/USD exchange rate measures profit and loss in GBP.