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Our Forex Profit and Loss Calculator is designed to give traders a straightforward way to calculate potential profits and losses, aiding in decision-making and risk management. It simplifies evaluating trade outcomes, providing clear insights into the financial implications of trades.

Profit and Loss Calculator

Profit and Loss
$ 0.00

How to use the Profit and Loss Calculator?

By following the following steps, you can use the Forex Profit Calculator to evaluate potential results, helping you make informed decisions and manage risk effectively.

  • Select your Currency Pair: Start by choosing the currency pair you want to trade from the dropdown menu. Options include major pairs like AUD/USD, EUR/USD, and GBP/USD, which are popular due to their significant market activity and trading volumes.
  • Set the Trade Size (and Lot Size): Enter the size of your trade by selecting the desired lot size, ranging from micro to standard lots. The lot size directly affects the trade's potential risk and reward, so choose carefully to align with your trading strategy.
  • Input Open and Close Prices: Provide the price levels at which you plan to enter (open price) and exit (close price) your trade. Accurate input here is essential to calculate the expected profit or loss.
  • Calculate Your Profit or Loss: Once all details are entered, click the "CALCULATE" button to view the potential trade outcome.

FAQs

Yes, AvaTrade is legitimate. AvaTrade was founded in 2006 and became one of the most trusted and transparent Forex brokers worldwide.