Free Forex Profit Calculator
* Trading is risky. Your capital is at risk.
INSTRUMENT | RATE |
AUDCAD | 0.9826 |
AUDCHF | 0.56187 |
AUDJPY | 114.069 |
AUDNZD | 1.21639 |
AUDUSD | 0.71663 |
BITCOIN | 74233.17 |
Brent | 95.17 |
CADCHF | 0.57182 |
CADJPY | 116.087 |
CARDANO | 0.2498 |
CHFJPY | 203.016 |
Crude | 90.75 |
How to use FXTM's Profit Calculator
Why use the Profit Calculator?
Accurate profit calculation
Time-saving tool
Enhanced risk management
Learning tool
Frequently asked questions
Check out your account window on your trading platform. Daily profits and losses are calculated on all positions you have in the right time zone for each instrument.
Have a peek at our handy calculator above. Just choose your currency pair and imagine if you’re buying or selling. Once you’ve decided on the open and close price, select the currency in which you’d like to understand your potential profits.
Profit/loss can be calculated as follows:
(Close Price - Open Price) * Volume of Trade * Contract Size (Currency pairs contract size is 100,000)
This will result in quote currency and respectively will be converted to account currency.
A profit calculator helps forex traders by providing you with a precise forecast of your potential gains or losses before executing a trade.
Simply input the details of your trade, your entry and exit prices, trade size, and chosen currency pair to forecast possible outcomes based on different market scenarios.
Effective use of a profit calculator aids in strategic planning and pre-trade risk assessment.
To get accurate profit calculations from our Profit Calculator, you'll need a few bits of key data:
- the currency pair your trading
- the entry and exit prices of your trade
- the size of your trade in lots
Additionally, knowing your account's base currency, leverage, and any relevant fees or spreads will help in determining the net profit from a trade.