Forex Trading Profit/Loss Calculator


Calculate a trade's profit or loss. Compare the results for different opening and closing rates (either historic or hypothetical).

  1. Choose your primary account currency.
    (The tool will calculate the profit/loss in this currency.)
  2. Select the trade's currency pair from the list.
    Current exchange rates are shown.
  3. Choose the action (the type of trade, buy or sell).
  4. Type the number of units in the trade.
  5. Type a hypothetical closing rate for the currency pair (for example, a future value you speculate the pair might reach).
    (Alternatively, type the current rate into this field and then change the pre-filled value to a previous rate.)
  6. Use the Calculate button.
    The profit/loss is shown below this button (a negative value indicates a loss).
  7. To compare new values, just change them and use the Calculate button again to see the results.

This calculation follows the following formula:

(Closing Rate - Opening Rate) * (Closing {quote}/{home currency}) * Units

For example, suppose:

Home Currency: USD
Currency Pair: GBP/CHF
Base = GBP; Quote = CHF
Quote / Home Currency = CHF/USD = 1.1025
Opening Rate = 2.1443
Closing Rate = 2.1452
Units = 1000

Then:

Profit = (2.1452 - 2.1443) * (1.1025) * 1000
Profit = 0.99225 USD

How to Calculate Profit and Loss

This is for general information purposes only - Examples shown are for illustrative purposes and may not reflect current prices from OANDA. It is not investment advice or an inducement to trade. Past history is not an indication of future performance.

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Leveraged trading in foreign currency contracts or other off-exchange products on margin carries a high level of risk and may not be suitable for everyone. We advise you to carefully consider whether trading is appropriate for you in light of your personal circumstances. You may lose more than you invest (except for OANDA Europe Ltd customers who have negative balance protection). Information on this website is general in nature. We recommend that you seek independent financial advice and ensure you fully understand the risks involved before trading. Trading through an online platform carries additional risks. Refer to our legal section here.

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Your capital is at risk. Losses can exceed investment. Leverage trading is high risk and not for everyone.