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.
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