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4TRD

Forex Profit & Loss Calculator

Calculate the profit or loss in pips and in your account currency for any completed or hypothetical forex trade. Supports automatic quote-to-account currency conversion.

Profit & Loss Calculator

Calculate P&L for a closed or hypothetical trade

1 = standard lot

Auto-filled from symbol

0.0001 for most pairs, 0.01 for JPY pairs

Value of 1 pip per standard lot in quote currency

Quote currency of the pair

Only if profit currency ≠ account currency

How to Calculate Forex Profit & Loss

Forex P&L is measured in pips — the smallest standardised price move for a currency pair — and then converted into a monetary value based on your lot size and account currency.

Step 1 — Calculate pips moved

Buy trade: Pips = (Close Price − Open Price) / Pip Size

Sell trade: Pips = (Open Price − Close Price) / Pip Size

Step 2 — Convert to monetary value

P&L = Pips × Pip Value × Lot Size

The pip value depends on the quote currency of the pair. For USD-denominated accounts trading a USD-quoted pair (e.g. EUR/USD), 1 pip = $10 per standard lot. For cross pairs, the pip value must be converted using the current exchange rate.