![]() Our tools and calculators are developed and built to help the trading community to better understand the particulars that can affect their account balance and to help them on their overall trading. Use this Forex Profit Calculator on Your Website It can help traders to understand the basics of financially trading the forex market and how to avoid the dangers of over-capitalization and under-capitalization. You might also find our How Much Money do You Need to Start Trading Forex article useful. When using the Profit Calculator to simulate a stop-loss hit, the results will be displayed in minus. Or a close price higher than the open price, for a sell trade. TIPThis Profit Calculator can also be used to calculate how much equity and pips will be lost if the trader inputs a close price lower than the open price (on a buy trade), simulating a stop-loss hit. So, for our example, opening a long AUD/USD trade, of 0.10 lots at 0.75345, and close it at 0.75855, will yield a profit of AUD 67.66 (profit in money), with a total of 51 pips gain (profit in pips). The results: The Profit Calculator will calculate the profit in money (converted in account base currency previously selected) and also the profit in the total amount of pips gained. On our example, we will type a close price of 0.75855. Just input the closing price for the trade. For our example, we will type an open price of 0.75345 for our AUD/USD position.Ĭlose price: The last field of the calculator. Open price: Just input an open price for the trade. For our example, we will select a trading size of 0.10 lot. In this field there's an option to switch between lots or units for the calculations. Lots (trade size): One standard lot in forex is 100,000 currency units, but units per 1 lot vary for non-forex pairs. For this example, we will use simulate a long trade, therefore we select the buy direction. We will choose the AUD as our deposit currency, for our example.īuy or sell: Simply input the trade direction, either long or short. Select your trading account deposit currency to get the calculations converted to that currency. Let's choose, for our example, the AUD/USD pair.ĭeposit currency: This field is pretty straight forward. Instrument: Traders can select from major, exoctic and minor currency pairs, global stock indices, popular cryptocurrencies, such as ADA, BTC, ETH, DOGE, LTC and XRP, and commodities, including Oil, Gold and Silver. It works by simulating a trading position opened and closed at specific values, and will display the results of the potential profit or loss in money and in pips. What is a Forex Profit CalculatorĪ Forex Profit Calculator is useful to simulate how much money and pips a trading position represents, quantitatively, if the position is closed in profit or loss. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.Use our accurate Profit Calculator to calculate the profit or loss value in money and pips of a trading position using live market data, trade direction and the lots traded. You must satisfy yourself that dealing in our products is permitted under the laws of the country that you reside. Regional restrictions: Switch Markets does not provide trading services to anyone residing in the U.S.A, Japan, Iran and North Korea nor any other countries where the offer of our products are prohibited or restricted by laws. We encourage you to seek out your own independent advice and to consider your own financial situation, needs and objectives prior to making any decisions. The information on this page does not constitute personal advice. Switch Markets International PTE Ltd (202040285G) is an authorised representative of Royal ETP LLC. ![]() This offer is available to customers that register under our SVG license only. The credit bonus offered can only be used for trading and can't be withdrawn. We reserve the right to revoke this offer at any time. * Spreads starting as low as 0.0 are only available on the Pro account type. Diverse liquidity providers ensure tight spreads 24/5
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