How is this calculated?

For USD-as-quote pairs, profit or loss equals the price change multiplied by units directly. For USD-as-base pairs, the price change multiplied by units gives a result in the quote currency, which is then divided by the exit price to convert it to USD.

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What's my profit or loss on this closed forex trade?

Q: What's my profit or loss on this closed forex trade?

Calculates the dollar profit or loss on a closed forex trade from a currency pair type, direction, position size in units, entry price, and exit price.

The market doesn't reward being right. It rewards managing being wrong, cheaply.

Jason Parker, Founder of Trading Habits

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Currency pair type

This calculator covers major USD pairs. Cross pairs where neither currency is USD (EUR/GBP, EUR/JPY) need an extra conversion step this tool doesn't do.

Direction

Position size (units)

Standard lot = 100,000 units. Mini lot = 10,000 units. Micro lot = 1,000 units.

Entry price

Exit price

Your Result

Fill in the fields on the left and click Calculate to see your profit or loss on this closed trade, in USD.

How this is calculated

For pairs where USD is the quote currency, profit or loss equals the price change (exit minus entry for a long, entry minus exit for a short) multiplied directly by the position size in units, since price is already quoted in USD per unit of the base currency.
For pairs where USD is the base currency (USD/CAD, USD/CHF, USD/JPY), the price change multiplied by units gives a result in the quote currency first, which this calculator then converts to USD by dividing by the exit price, the standard convention for valuing a closed position at its final rate.
A short position simply flips the sign: a price drop produces a profit, and a price rise produces a loss.
This is the raw price-move profit or loss only. It does not subtract the spread, commission, or any overnight swap or rollover fees the position may have accrued, use the spread cost and swap cost calculators alongside this one for the full picture.

Risk & liability disclaimer: This calculator produces a mathematical estimate based on the numbers you enter, not live market data or your actual broker's fill prices. Actual results can differ due to slippage, spread, commissions, swap fees, and rate rounding at your specific broker. This is not financial advice and does not guarantee any trading outcome. Trading Habits is not a broker-dealer, registered investment adviser, or tax professional, and is not affiliated with any broker, exchange, or data provider. Forex trading involves substantial risk of loss and is not suitable for everyone. You could lose some or all of the capital you trade with.

What's my profit or loss on this closed forex trade?

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Your Result

How this is calculated

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