JoymistaFOREX CALCULATOR
Pip value and profit calculator
The tool shows a trade’s profit or loss in dollars, the price move, the pip value and the position value. Pick your broker first, since contract sizes for metals, oil and indices differ between brokers, then the instrument, direction, lot size and your entry and exit prices.
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How to use it
- Your profit or lossThe result shows here in dollars: the trade’s profit or loss, the price move, the “Pip value” and the “Position size”.
- Start with your brokerChoose your broker first: contract sizes for metals, oil and indices differ between brokers. If yours is not listed, choose “Another broker”.
- Instrument and directionPick the “Instrument” from the list or search its symbol, then choose “Buy” or “Sell”.
- Lot and contract sizeEnter the “Lot size” you trade. The “Contract size per lot” fills in from your broker, and you can edit it if your account differs.
- Try it before you enterEnter the “Entry price” and “Exit price”. Put your target to see the profit, then your stop to see the loss, before you open the trade.
Why it helps
Before you enter, it helps to know what one pip is worth in your account, what you make at the target and what you lose at the stop. That turns your risk-to-reward into a clear number instead of a guess, and avoids surprises when your broker’s contract size differs from the usual one.
FAQ
What is the pip value on gold (XAUUSD)?
It depends on your broker’s contract size and your lot size. That is why the tool starts with the broker and fills in the contract size, which you can edit, so the pip value matches your account.
How do I calculate forex profit?
Profit = price move in pips × pip value × number of lots. Enter your entry and target to see the profit, then your stop to see the loss, before you open the trade.
How is this different from the position size calculator?
The position size calculator starts from the amount you accept to lose and gives you a size. This one starts from a size you already know and gives you the pip value, profit and loss.
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Open the toolEducational content, not investment advice.