Profit & loss calculator

How the result is worked out

The profit or loss of a forex or CFD trade is the price change multiplied by the position size, earned in the quote currency:

P/L = (close − open) × units for a buy, and (open − close) × units for a sell.

Buying half a lot of EUR/USD at 1.1350 and selling at 1.1400 is a 50-pip gain. At 50,000 units that is 0.0050 × 50,000 = 250 US dollars, which the calculator converts to your account currency using ECB reference rates.

What is not included

• The spread: you buy at the ask and sell at the bid, so the prices you actually get differ from the chart's mid price.
• Commission, charged per lot by raw-spread accounts.
• Overnight financing on positions held past the daily cut-off (usually 17:00 New York time, 23:00 in Central Europe).
• Currency conversion by your broker, which may use its own rate plus a mark-up when it converts profits into your account currency.

Add those with the trading cost calculator. For tax, remember many European countries tax realised gains in your local currency; see the tax overview.