How does the profit calculator work?

Direction - either buy or sell (long or short). The profit calculator takes the difference of entry and exit prices and multiplies it based on the pip value of your trade. The pip value calculation takes into account the currency pair, the lot size and your base currency (account currency). Why is it important to use the calculator?

What is a forex profit calculator?

A forex profit calculator is a tool used by forex traders to calculate the profit or loss from a particular trade. This calculator factors in a trader’s entry and exit price, the currency pair being traded, the number of units, the cost of spread and rollover, as well as any applicable commissions.

What are trading tools & calculators?

Our tools and calculators are designed and built to help the trading community better understand the factors and variables that can affect their account balance and overall trading.

What is the fxtm profit calculator?

Profit Calculator Set profit targets and risk-manage losses Never take a trade until you've planned out every potential scenario. That's a golden rule for every professional investor. The FXTM profit calculator can help you plan out potential profits and losses so you go into trades ready for every possible outcome.