Calculate forex trading profits in pips and dollars for all major currency pairs
Choose your currency pair and position type
Input entry, exit prices, lot size, and pip value
Get pip difference and profit/loss instantly
Analyze your forex trade performance
Get instant answers to everything you need to know
Our forex profit calculator automatically converts price differences to pips by multiplying by 10,000 for standard pairs like EUR/USD. It then multiplies pips by pip value and lot size to calculate your profit or loss in dollars.
Pip value is the dollar amount each pip movement represents. For standard lots (100,000 units) of EUR/USD, one pip equals $10. Our calculator uses customizable pip values to accurately calculate profit for different currency pairs and lot sizes.
Yes! Our forex profit calculator supports both long (buy) and short (sell) positions. Select your position type, and the calculator will automatically calculate pips and profit/loss accordingly for accurate forex trading analysis.
Discover more tools to streamline your workflow
Supercharge your productivity with these complementary tools