Forex Profit Calculator
Calculate your forex profit or loss in pips and dollars.
Pips
+60.0
Pip Value
$10.00
Profit / Loss
+$600.00
How to calculate forex profit
Forex profit is calculated in pips, then converted to dollars. The formula: Profit = Pips x Pip Value. Pip value depends on your lot size and the pair you are trading.
Example trade
You buy EUR/USD at 1.0850 and close at 1.0910. That is 60 pips. On 1 standard lot, pip value is $10. Your profit: 60 x $10 = $600.
JPY pairs are different
For yen pairs like USD/JPY, a pip is 0.01 instead of 0.0001. Use the dropdown above to select the correct pip size. On 1 standard lot of USD/JPY, pip value is approximately $6.50 (varies with exchange rate).
Before you trade
Always calculate your position size and risk/reward ratio before entering any trade. Knowing your potential profit is only useful if you also know your maximum loss.
Get precision entries for bigger forex profits
See how Axion Algo's buy/sell signals work with proper risk management.