💰 Profit / Loss Calculator

See exactly how much you'd gain or lose on a trade — forex, gold, silver, oil, or crypto — before you enter it.

Estimated Result $0.00

Uses standard contract sizes for each instrument (100,000 units for forex majors, 100oz for gold, 5,000oz for silver, 1,000 barrels for oil, 1 coin for crypto). Confirm your broker's exact contract specs, as some vary.

What Does This Profit/Loss Calculator Do?

This tool estimates how much money you'd gain or lose on a trade based on your entry price, exit price, position size, and trade direction (buy or sell) — before you actually place the trade. It works across forex pairs, gold, silver, crude oil, and crypto, using each instrument's standard contract size. It's a simple way to sanity-check a setup: if your planned exit only nets a small gain relative to the risk, this calculator makes that obvious before you commit capital.

How to Use This Calculator

  1. Select your instrument — forex pair, Gold, Silver, Oil, Bitcoin, or Ethereum.
  2. Choose Buy or Sell — this determines whether a rising or falling price counts as profit.
  3. Enter your planned entry and exit price. These can be hypothetical — useful for testing "what if" scenarios before a trade.
  4. Enter your lot size.
  5. Click Calculate to see your estimated profit or loss in USD, along with the pip/point difference.

Profit/Loss Formula

The core calculation is:

P&L = (Exit Price − Entry Price) ÷ Pip Size × Pip Value × Lot Size × Direction

Where Direction is +1 for a Buy trade and −1 for a Sell trade. This generalizes cleanly across instruments: for EUR/USD, one pip (0.0001) is worth $10 per standard lot; for Gold, one point ($0.01) is worth $1 per 100oz lot; for Bitcoin, one point ($1) is worth $1 per 1.0 lot (1 coin).

Why Check Profit/Loss Before You Trade

It's easy to eyeball a chart and feel like a trade "looks good," but translating a price target into an actual dollar figure often changes the picture — this is especially true for volatile instruments like gold, oil, and crypto, where price swings can look dramatic on a chart but translate to very different dollar amounts depending on your lot size.

Pairing this with our Lot Size Calculator gives you a complete pre-trade check: one tool sizes your position to match your risk tolerance, this one shows what your planned entry/exit actually nets in dollar terms.

Frequently Asked Questions

Does this account for spread or commission?

No — this calculator shows the raw price-based profit or loss. Your broker's spread and any commission (which tend to be wider on gold, oil, and crypto than on major forex pairs) will slightly reduce the actual result.

Can I use this for gold, oil, or crypto trades?

Yes — select the instrument from the dropdown and the calculator automatically applies the correct contract size and point value for that market, whether it's Gold, Silver, Crude Oil, Bitcoin, or Ethereum.

What's the difference between a Buy and Sell calculation?

On a Buy (long) trade, you profit when the exit price is higher than your entry price. On a Sell (short) trade, it's the reverse — you profit when the exit price is lower than your entry price.