Forex Trading Profit/Loss Calculator
Calculate a trade's profit or loss. Compare the results for different opening and closing rates (either historic or hypothetical).
Profit Calculator
How to Use This Tool
- Choose your primary account currency.
(The tool will calculate the profit/loss in this currency.) - Select the trade's currency pair from the list.
Current exchange rates are shown. - Choose the action (the type of trade, buy or sell).
- Type the number of units in the trade.
- Type a hypothetical closing rate for the currency pair (for example, a future value you speculate the pair might reach).
(Alternatively, type the current rate into this field and then change the pre-filled value to a previous rate.) - Use the Calculate button.
The profit/loss is shown below this button (a negative value indicates a loss). - To compare new values, just change them and use the Calculate button again to see the results.
How This Tool Works
This calculation follows the following formula:
(Closing Rate - Opening Rate) * (Closing {quote}/{home currency}) * Units
For example, suppose:
Home Currency: USD
Currency Pair: GBP/CHF
Base = GBP; Quote = CHF
Quote / Home Currency = CHF/USD = 1.1025
Opening Rate = 2.1443
Closing Rate = 2.1452
Units = 1000
Then:
Profit = (2.1452 - 2.1443) * (1.1025) * 1000
Profit = 0.99225 USD