Work out the exact profit or loss of a trade in both pips and dollars. Enter your entry and exit prices, your lot size and whether you went long or short.
Works with any broker and platform, including MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader, NinjaTrader, TradingView, DXtrade and Match-Trader.
This calculator converts the difference between your entry and exit prices into pips, then into a dollar profit or loss based on your lot size. Use it before a trade to check the reward, or after to record your result.
Profit = pips moved × pip value per lot × lot size. Pips moved = (exit price − entry price) ÷ pip size, flipped for short trades. A 50-pip winner on 1 lot of EUR/USD at $10 per pip is $500.
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Start free trialTake the number of pips between your entry and exit, multiply by the pip value per lot, then by your lot size. A 50-pip gain on 1 standard lot of EUR/USD equals 50 x $10 = $500.
Multiply the pips by the pip value per lot and your lot size. On EUR/USD at $10 per pip, 30 pips on 0.5 lots is 30 x $10 x 0.5 = $150.
No. This shows the raw price-based profit or loss. Subtract your spread and any commission for the net result, which you can estimate using the typical spreads on our broker directory.
Find the exact lot size for your risk on any trade.
See what each pip is worth in your account currency.
Work out the margin required to open a position.
Check the risk-to-reward ratio of any setup instantly.