What is a profit calculator?

In this manner, the Profit Calculator may be used to develop accurate risk vs reward ratios, promoting the principles of proper money management. FXCM Research Team consists of a number of FXCM's Market and Product Specialists.

What types of allotments are used in the profit calculator?

Standard, mini and micro lot sizes are some of the most common allotments used in the Profit Calculator. Opening Trade Price: The price point at which a new position was opened and market entry was obtained. Closing Trade Price: The price point at which the open position was closed out and market exit was achieved.

How to calculate the liability of a EUR/USD position?

Calculating the liability of a EUR/USD position using the forex Profit calculator is also a straightforward process: Through adjusting the Entry Price and Exit Price, the downside risk may be automatically calculated for any trade in question.

How do I use the forex profit loss calculator?

Our Forex profit loss calculator can be used as a take profit or stop loss calculator whether you’re actually using sl/tp values or closing the trade manually. If you wish to calculate your profit with a more advanced calculator to include the exact risk you wish to use, head over to our position size calculator .