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Work out the profit or loss on a currency trade. Enter your direction, lot size, entry and exit price, then press Calculate to see the result in dollars and pips.
Written by TopicDrill Editorial Team·Updated June 2026
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Your profit on a trade comes from two things: how far the price moved and how large your position was. The calculator multiplies the price move by the number of units you traded. For a buy it counts an upward move as profit, and for a sell it counts a downward move as profit, so the sign always matches your intent.
The same move is also shown in pips, the standard unit traders use to talk about price changes. Converting to pips lets you compare a trade on a yen pair against a trade on a dollar pair without being confused by different decimal places.
You buy one standard lot of EUR/USD at 1.0850 and close at 1.0920. The move is 70 pips, or 0.0070 in price. With 100,000 units that is 0.0070 times 100,000, a profit of $700. If you had sold instead, the same move would have been a $700 loss.
This tool reports the gross result and assumes your account currency matches the quote currency. It does not deduct the spread, commission or swap fees, so your net result will be a little lower. Always plan a stop loss before you enter. For a primer on the risks of currency trading, see the U.S. Securities and Exchange Commission investor site. Compare scenarios with our other free calculators.
Profit equals the price move times your position size, with the sign flipped for a sell trade. For a buy, profit is exit minus entry times the units traded. For a sell, it is entry minus exit times the units. One standard lot is 100,000 units.
A pip is the smallest standard price move for a pair, usually 0.0001 for most pairs and 0.01 for pairs that involve the Japanese yen. The calculator converts your price move into pips so you can compare trades on a common scale.
For a standard lot of a USD quoted pair, one pip is worth about $10. For a mini lot it is around $1 and for a micro lot about $0.10. Pip value scales directly with your lot size, which is why position sizing matters so much.
Yes. A buy trade profits when the price rises and loses when it falls. A sell trade is the opposite. Choose buy or sell in the calculator so the profit and pip figures carry the correct sign.

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