What is a profit calculator?

Profit calculator is a simple tool designed to help you calculate your potential profits and losses depending on the outcome of the trade. Profit calculator is a simple tool designed to help you calculate your potential profits and losses depending on the outcome of the trade. Profit Calculator | FXTM HELP CENTRE CONTACT US OPEN ACCOUNT LOGIN ABOUT

How to use the forex profit calculator?

Using the forex profit calculator you can adjust your trade size or take profit and stop loss levels to increase or decrease potential gain or loss to match your trading plan. How to use the calculator? Account currency - the deposit currency of your trading account Direction - either buy or sell (long or short).

How do I calculate potential profits or losses?

To calculate potential profits or losses of a trading position, specify certain trade parameters (e.g., the currency pair, deposit currency, and trade size), the opening and closing price of your trade, and whether you buy or sell. (3.5 * 100,000 USD)* (0.96543 CHF per USD-0.95666 CHF per USD) = 3069.5 CHF.

How to calculate profit & loss on GBP/USD?

For example, a trade on GBP/USD with an account denominated in euros. To calculate profit and loss, you must locate the EUR/USD exchange rate and repeat the same process as demonstrated in the second trade example (20 USD / EUR/USD exchange rate). Dividing 20 USD by the GBP/USD exchange rate measures profit and loss in GBP.