What is a pip in forex?

A pip is the smallest price movement in forex trading, usually equal to 0.0001 for most currency pairs and 0.01 for JPY pairs.

How to calculate forex profit and loss?

Forex profit and loss is calculated by multiplying the pip difference by lot size and pip value. This calculator does it instantly for you.

Yes. For XAUUSD, 1 USD movement equals 10 pips, and the calculator adjusts accordingly to show accurate pip difference and profit/loss.

Calculate Pip and Profit/Loss for all major currency pairs, including Gold (XAUUSD).

Currency Pair:

Entry Price:

Exit Price:

Lot Size:

How to Use This Calculator :-

Select your currency pair from the dropdown list.
Enter your entry price (the price you plan to buy or sell).
Enter your exit price (your target or stop loss price).
Enter your lot size (e.g. 0.01, 0.1, 1.0).
Click Calculate to see the pip difference and your profit or loss in USD instantly.

✅ Instant results: Save time in your trade analysis

✅ Accurate pip calculation: No manual errors

✅ Supports Gold (XAUUSD): Calculates correctly

✅ Free and mobile-friendly: Use anytime, anywhere

✅ No signup required: 100% free tool for traders

Q. What is a pip value in forex?

The pip value is the amount of money you gain or lose per pip movement, calculated based on your lot size and currency pair.

Q. How does lot size affect profit and loss?

Larger lot sizes increase both potential profit and potential loss per pip movement. Always manage your risk accordingly.

Q. Is this forex calculator free to use?

Yes, our pip and profit calculator is completely free for all traders to plan their trades better.

Q. Does this calculator work for mobile devices?

Yes, the calculator is fully responsive and works on all devices including mobiles and tablets.

Bookmark this calculator and explore our Forex educational articles to level up your skills.”