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December Promotion

Get 30% off your prop evaluation

December Promotion:Get 30% off your prop evaluation

*T&Cs apply.

Forex Profit
Calculator

The Howtotrade Profit Calculator is an essential tool for anyone serious about forex trading.

Instantly estimate your profit & loss, compare open/close prices and adjust position sizes.

Please select a currency pair
Please select an account currency
Please enter the volume/lots
Please select a trade direction
Please enter the open price
Please enter the close price
Profit
10 USD
market analyst

Using The Forex Profit Calculator

When trading forex, it’s important to always know where you stand financially. With this forex calculator, the process is simple! Follow the five steps below and you’ll instantly know your profit and loss.

  1. Designate an account currency
  2. Choose a currency pair
  3. Enter the number of lots
  4. Determine trade direction
  5. Assign an open price
  6. Assign a close price
  7. Click Calculate Profit!

Optimize Performance With The Profit Calculator

One of the greatest dangers to forex retail investor accounts is poor money management. With our Profit Calculator, understanding current P&L is fast and easy. Enter your trade’s parameters and you will know your potential assets and liabilities before you trade.

why use the calculator illustration

Use HowToTrade tools for more in-depth analysis

Harness our tools and analysis to make informed trading decisions.

Economic Calendar icon

Economic Calendar

Our economic calendar showcases relevant events to help you trade these markets too.

View calendar
Forex Heatmap icon

Forex Heatmap

Our Forex heat map includes real-time data and can help you determine the strongest and the weakest currencies on the Forex market right at this moment.

Use it now
Value at Risk Calculator icon

Value at Risk Calculator

Use our Value at Risk Calculator to estimate potential losses. This tool can help you make more informed investment decisions and ultimately help protect your hard-earned money.

Use calculator
Lot Size Calculator icon

Lot Size Calculator

Use our simple yet powerful Forex Lot Size Calculator to calculate the exact position size for each trade and manage your risk per trade like a pro.

Use calculator
Currency Strength Meter icon

Currency Strength Meter

This free interactive currency strength meter is going to show you which currency pairs are strong and weak, in real-time.

Use it now
Swap Calculator icon

Swap Calculator

Calculate the swap fee you will be charged on your trading account for holding your positions overnight based on the instrument you are trading, your account currency, and trade size.

Use calculator
Economic Calendar icon

Economic Calendar

Our economic calendar showcases relevant events to help you trade these markets too.

View calendar
Forex Heatmap icon

Forex Heatmap

Our Forex heat map includes real-time data and can help you determine the strongest and the weakest currencies on the Forex market right at this moment.

Use it now
Value at Risk Calculator icon

Value at Risk Calculator

Use our Value at Risk Calculator to estimate potential losses. This tool can help you make more informed investment decisions and ultimately help protect your hard-earned money.

Use calculator
Lot Size Calculator icon

Lot Size Calculator

Use our simple yet powerful Forex Lot Size Calculator to calculate the exact position size for each trade and manage your risk per trade like a pro.

Use calculator
Currency Strength Meter icon

Currency Strength Meter

This free interactive currency strength meter is going to show you which currency pairs are strong and weak, in real-time.

Use it now
Swap Calculator icon

Swap Calculator

Calculate the swap fee you will be charged on your trading account for holding your positions overnight based on the instrument you are trading, your account currency, and trade size.

Use calculator

FAQs

A trading calculator is an invaluable tool for the modern active trader.
Here are a few frequently asked questions about our Forex Profit Calculator.

What Is My Account Base Currency?

Your account’s base currency is the denomination of your funds per the deposit. For instance, if you are based in the UK and your deposit currency is British pounds, the account base currency would be GBP.

Do I Need A Profit Calculator?

Yes. Forex trading can be a high-risk environment. Having the ability to quickly calculate your liabilities when trading complex instruments is a major advantage. Our Profit Calculator vastly reduces your chance of losing money rapidly in the live market.In fact, most regulated forex brokers recommend that their clients use trading calculators. To ensure legitimacy, be sure that your broker is regulated by an official body such as the Financial Sector Conduct Authority (FSCA) or Financial Services Authority (FSA).

Will The Calculator Work For CFDs?

At this time, the Profit Calculator does not support trading CFDs. Only major, minor, cross, and exotic foreign exchange pairs are offered.

Do you want to become a career funded trader?

Our mission is to nurture aspiring traders and discover those who have the required talent. Pass our trading objectives and you'll keep 70% of all the profits made on our real capital.

Offer ends soonDecember
Promotion
Claim 30% off your prop evaluation
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* Terms & conditions apply