Profit calculator
What a trade makes or loses between two prices, in pips and in your account currency.
Result
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Estimates before costs: spread, commission and overnight swap are not included. Your broker's own figures always win.
Words used here
- Buy (long)
- You make money when the price rises. On EURUSD, buying means buying euros with dollars.
- Sell (short)
- You make money when the price falls. You can sell a pair without owning it first.
- Costs
- Spread (the gap between buy and sell price), commission, and swap for holding overnight. Not included here.
Questions
Questions traders ask
More free tools
- Currency strength meterWhich currencies are rising and which are falling?
- Market hours clockIs the market open, and when is it busy?
- Correlation tableAre my two trades really one bet?
- Position size calculatorHow many lots can I trade?
- Pip value calculatorHow much is one pip worth?
- Margin calculatorHow much margin will this trade hold?
- Risk/reward calculatorIs the target worth the risk?
- Drawdown calculatorHow far can a losing streak take me?
With your own trades
The same numbers, next to your open trades
Link your MT5 or MT4 account and FxMind shows the risk of each open trade, warns before high-impact news and keeps your journal. The free plan is read-only and costs nothing.