Forex Profit/Loss Calculator
Calculate pips gained or lost and total profit or loss in USD for any forex trade.
Supports all major currency pairs and standard, mini, and micro lots.
What Is a Pip?
A pip (Percentage in Point) is the smallest standard price move in a currency pair. For most pairs (EUR/USD, GBP/USD, etc.), 1 pip = 0.0001 — the fourth decimal place. For Japanese yen pairs (USD/JPY, EUR/JPY), 1 pip = 0.01 — the second decimal place.
Some brokers quote prices to a fifth decimal (pipettes), but pips remain the standard unit of measurement for profit and loss.
Lot Sizes
| Lot Type | Units | Typical Pip Value (USD pairs) |
|---|---|---|
| Standard | 100,000 | ~$10 per pip |
| Mini | 10,000 | ~$1 per pip |
| Micro | 1,000 | ~$0.10 per pip |
The Formulas
Pips Gained/Lost (most pairs): Pips = (Exit Price − Entry Price) × 10,000
Pips Gained/Lost (JPY pairs): Pips = (Exit Price − Entry Price) × 100
Profit in Quote Currency: Profit = Pips × (Lot Size in Units ÷ 10,000) × Pip Size in Quote Currency
For USD-quoted pairs (EUR/USD, GBP/USD, AUD/USD, NZD/USD):
- Quote currency = USD, so profit is already in USD.
- Pip value = 0.0001 × 100,000 = $10 per pip (standard lot)
For pairs where USD is the base (USD/JPY, USD/CAD, USD/CHF):
- Profit is in the quote currency; divide by exit rate to convert to USD.
For cross pairs (EUR/GBP):
- Profit is in GBP; convert to USD using GBP/USD rate.
Worked Example
Trade: EUR/USD Long
- Entry: 1.0850
- Exit: 1.0920
- Lot type: Standard (100,000 units)
- Number of lots: 1
Pips = (1.0920 − 1.0850) × 10,000 = 70 pips Profit = 70 pips × $10/pip = $700
The EUR/USD moved 70 pips in your favor on 1 standard lot — a profit of $700.
Short (Sell) Trade Example
Trade: GBP/USD Short
- Entry: 1.2700
- Exit: 1.2600
- Lot type: Mini (10,000 units)
- Number of lots: 2
Pips = (1.2700 − 1.2600) × 10,000 = 100 pips Profit = 100 pips × $1/pip × 2 mini lots = $200
Major, Minor, and Exotic Pairs
- Majors (EUR/USD, USD/JPY, GBP/USD): highest liquidity, tightest spreads.
- Minors (AUD/USD, NZD/USD, USD/CAD, USD/CHF): good liquidity, slightly wider spreads.
- Exotics (USD/TRY, EUR/ZAR): high spreads, high volatility, handle with care.
Leverage Warning
Forex is heavily leveraged — 50:1 or 100:1 is common. On 1 standard lot with 100:1 leverage, you control $100,000 with just $1,000. A 70-pip move equals $700 — a 70% return on margin. But the same applies to losses.
Pro Tips
- Always know your pip value before entering a trade.
- Use a position size calculator to ensure risk stays within your account’s tolerance (typically 1–2% per trade).
- Spreads (the bid-ask difference) reduce your effective entry price: factor them in for accurate break-even calculation.
How we build and check this calculator
This calculator runs entirely in your browser, so the numbers you enter stay on your device. The math behind it is written by hand and tested against worked examples and standard references before the page goes live.
SuperGlobalCalculator is independently built and maintained. See how we build and verify our calculators.