Calculate your potential profit or loss on any forex trade before you place it.
Enter your currency pair, direction, lot size, entry price and your target exit price. The calculator will show you the total profit or loss in USD, the number of pips, and the pip value per lot.
This tool is useful for planning trades before entry. Knowing your potential reward vs your stop-loss distance gives you the risk:reward ratio, which should ideally be at least 1:2.