Trade calculators
Potential profit and loss on a trade, with costs included rather than assumed away.
Potential profit and loss on a trade, with costs included rather than assumed away. The page states the equation, the units it expects and the rounding it applies, so the result can be reproduced by hand.
A calculator gives you a number. This one feeds the next: account to risk, risk to position size, position size to the trade, and the trade to expectancy, drawdown and risk of ruin.
See the performance tools →Direction only changes the sign. The rest is the pip move multiplied by what a pip is worth at your size.
Long 1 lot of EURUSD from 1.1650 to 1.1720:
Gross. A 1-pip spread and a $7 round-turn commission takes roughly $17 off it.
Outside forex there is no pip. Profit is the price move multiplied by the units held, in the quote currency.
Crypto spot charges a percentage fee per side rather than a spread plus commission, so a 0.1% taker fee on a $31,000 notional is $31 each way. On perpetuals, funding accrues while the position is open and is charged separately from the trade.
On one standard lot of a USD-quoted pair, $700. On a mini lot, $70. On a micro, $7.
Before. Subtract the spread on entry and the commission on both sides; the commission calculator totals them.
The same way with the sign reversed: entry minus exit rather than exit minus entry. A short from 1.1720 to 1.1650 is the same 70 pips as the long in the opposite direction.
A calculator answers one question and raises the next. These are the ones this figure feeds into.
Round-turn cost per trade, and what share of your risk it eats.
Overnight financing on a held position, per night and over the expected hold.
What one pip is worth on the pair and size you are trading.
Profit Calculator · rounding shown to the precision displayed