Forex Profit Calculator
Calculate exact profit or loss in USD and INR before entering any trade — all pairs, all lot sizes, buy and sell directions.
Forex Profit Calculator
Know your exact P&L in USD and INR before entering any trade. Supports all pairs, directions, and lot sizes.
| Lot | Type | P&L USD | P&L INR |
|---|---|---|---|
| 0.01 | Micro | +$5.00 | +₹423 |
| 0.1 | Mini | +$50.00 | +₹4225 |
| 0.5 | Half | +$250.00 | +₹21125 |
| 1 | Std | +$500.00 | +₹42250 |
| 2 | 2×Std | +$1000.00 | +₹84500 |
| 5 | 5×Std | +$2500.00 | +₹211250 |
About Forex Profit Calculator
Before entering any trade, professional forex traders know exactly how much they stand to gain or lose — not just in pips, but in their account currency. Calculating P&L in advance is a fundamental discipline that separates systematic traders from gamblers. The Forex Profit Calculator converts your entry price, exit price, direction, and lot size into an exact dollar (and rupee) profit or loss figure in seconds.
The core formula is simple: P&L = number of pips × pip value. But pip value changes across currency pairs and lot sizes in non-obvious ways. On EUR/USD, 1 pip for 1 standard lot is always $10. On USD/JPY, 1 pip for 1 standard lot is approximately $6.67 (because the pip value must be converted from JPY back to USD using the current price). On XAU/USD (gold), 1 pip is $1 per lot for a standard gold lot of 100 oz. These differences make mental math unreliable — you need a calculator.
For Indian forex traders, seeing the P&L in INR is especially important. A 50-pip profit on EUR/USD with 1 standard lot translates to $500 — but at ₹84.50 per dollar, that is ₹42,250. The same 50-pip trade on 0.1 lots (mini lot) gives $50 or ₹4,225. Knowing these numbers before entering the trade helps you size positions correctly, set realistic targets, and avoid the common mistake of over-leveraging for small pip movements.
The reference table below the calculator shows P&L for the same entry/exit spread across six different lot sizes simultaneously — from micro (0.01 lots) to 5 standard lots. This instantly shows the leverage impact: 50 pips on 5 lots risks or rewards 500× what the same move does on a micro lot. Understanding this relationship is central to responsible position sizing.
How to Use the Forex Profit Calculator
Select the currency pair you plan to trade using the group tabs (Majors, JPY, Crosses, Commodities, Indices, Crypto) and then click the specific pair chip.
Choose your trade direction — BUY (Long) if you expect the price to rise, or SELL (Short) if you expect it to fall.
Set your lot size using the preset buttons or enter a custom value. Standard = 1.0, Mini = 0.1, Micro = 0.01.
Enter your entry price — the price at which you open the trade. Use the current market bid/ask from your trading platform.
Enter your exit / target price — your planned take-profit or stop-loss price. The calculator shows P&L for both profit and loss scenarios.
Set the USD/INR rate to convert your USD P&L into Indian Rupees. Use the current live rate from our Currency Converter tool.
Read the result — the calculator shows pips gained/lost, P&L in USD, and P&L in INR. The reference table shows the same trade P&L for six different lot sizes.
Pro Tips
Indian traders often think in pips without translating to rupees. A "50-pip target" means very different things on micro vs standard lots. Always convert to INR to understand the actual money at stake.
Enter your take-profit price first to see the reward, then enter your stop-loss price to see the risk. The ratio between these two numbers is your risk-reward ratio — it should be at least 1:1.5 before taking any trade.
Use the Position Size Calculator first to find the correct lot size for your account risk. Then use this Profit Calculator to verify the expected P&L in rupees for that lot size and your target price.
XAU/USD (gold) pip value is $1 per 1-lot for a 1-pip (0.10) move. US30 pip value is $1 per unit (1 lot = 1 unit). Always verify pip value for non-forex instruments — they vary much more than currency pairs.
Frequently Asked Questions
How is forex profit calculated?
Forex profit is calculated in three steps: (1) Find the number of pips: for a BUY trade, pips = (exit price − entry price) ÷ pip size. For a SELL trade, pips = (entry price − exit price) ÷ pip size. (2) Calculate pip value: for standard EUR/USD, 1 pip = $10 per standard lot. For JPY pairs, pip value = (pip size × contract size × lots) ÷ current price. (3) P&L = pips × pip value. For Indian traders, multiply by USD/INR to get rupee P&L.
How much profit is 50 pips on EUR/USD?
On EUR/USD, 1 pip = $10 per standard lot. So 50 pips = $500 for 1 standard lot (1.0 lots). For a mini lot (0.1 lots): $50. For a micro lot (0.01 lots): $5. In INR at ₹84.50/USD: standard lot = ₹42,250 | mini lot = ₹4,225 | micro lot = ₹422.50. Most Indian retail traders starting out use micro lots (0.01) where the same 50-pip move is only ₹422.50 — much more manageable than a ₹42,250 swing on a standard lot.
How do I calculate profit on a SELL trade?
For a SELL (Short) trade, you profit when the price goes DOWN. The formula is: pips = (entry price − exit price) ÷ pip size. For example, if you sell GBP/USD at 1.2741 and it falls to 1.2700, your pips = (1.2741 − 1.2700) ÷ 0.0001 = 41 pips. At 1 standard lot, pip value on GBP/USD = $10 per pip, so profit = 41 × $10 = $410. If the price rises instead of falling, you have a loss. Enter the exit price in this calculator and select SELL direction to calculate either scenario.
Why is XAU/USD profit different from currency pairs?
Gold (XAU/USD) uses a different contract specification than forex pairs. The standard gold lot is 100 troy ounces (not 100,000 units). The pip size is $0.10 (one cent in price = one pip for gold). So 1 pip on 1 standard gold lot = $0.10 × 100 oz = $10. However, since gold regularly moves 50–200 "dollar" moves per day (each $1 move = 10 pips), a daily range can easily be 500–2000 pips — making gold positions much more volatile than a similar pip count on EUR/USD.
Does lot size affect profit per pip?
Yes — lot size directly scales profit. 1 standard lot (1.0) = $10/pip on EUR/USD. 0.5 lots = $5/pip. 0.1 lots (mini) = $1/pip. 0.01 lots (micro) = $0.10/pip. This is why lot size selection is the primary lever for risk management. Two traders making the same entry on the same pair at the same time can have wildly different P&L outcomes purely based on lot size. Always verify the lot size → rupee P&L before entering.
How do I use this calculator for JPY pairs?
For JPY pairs (USD/JPY, EUR/JPY, GBP/JPY), pip size is 0.01 (2 decimal places) instead of 0.0001 (4 decimal places for most pairs). Select the JPY pair from the JPY group tab, enter your entry and exit prices in standard JPY notation (e.g., 149.82 and 150.32). The calculator automatically converts JPY pip value to USD using the exit price. A 50-pip move on USD/JPY with 1 standard lot = approximately $333 (because the $6.67/pip JPY pip value is divided by the current USD/JPY rate).
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