Aron Groups Profit and Loss Calculator

Quickly estimate your profit and loss in just a few seconds

Currency Pair

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Account Currency

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Trade size (Lots)

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Open Price

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Close Price

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Direction

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Buy

Sell

Results:

Gain: 1,000 $

Symbols pairs Live price

EUR/USD

29.536

EUR/USD

29.536

EUR/USD

29.536

EUR/USD

29.536

EUR/USD

29.536

EUR/USD

29.536

What is Aron Groups’ Profit and Loss Calculator?

Imagine knowing the outcome of every trade in the Forex market before entering it; whether it will bring you profit or result in a loss. The Forex profit and loss calculator is the tool that turns this imagination into reality. In fact, it is an estimation tool for profit and loss before entering a trade. This valuable tool not only helps traders make more informed decisions but also serves as a useful guide for setting take profit and stop loss in Forex trades.

Why is Using Aron Groups’ Profit and Loss Calculator Essential?

Estimating the amount of profit and loss in trades is crucial, as it directly affects the margin of your trading account. If you consistently open losing trades, you are effectively reducing your account margin, limiting your ability to open more or larger trades. Therefore, being aware of the potential profit or loss of each trade can help you plan better and manage risks more effectively.

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Moreover, the Forex profit and loss calculator can be an excellent guide for setting take profit and stop loss in every trade. For example, if you faced a loss in a trade, this valuable tool helps you understand how much profit you need to break even and recover. Similarly, if you have made a profit, you can estimate how much loss you can tolerate without damaging your initial capital.

By using the profit and loss calculator, you can quickly and accurately make your estimates simply by entering the required information. .

How to Use Aron Groups’ Profit and Loss Calculator

To use Aron Groups’ Forex profit and loss calculator, simply enter the following information into the relevant fields:

Trading symbol (Currency Pair);
Account currency;
Trade size in lots;
Entry price (Open Price);
Exit price (Close Price);
And trade direction (buy or sell).

After entering the above information, click the Calculate button to see your profit and loss amount.

Note that many Forex calculators display profit and loss only in pips, but since pip value calculation involves complex calculations, Aron Groups’ calculator also performs these steps and simply shows the result in your account currency (USD, EUR, etc.).

How to Calculate Profit and Loss in Forex

The formula for calculating profit and loss in Forex is as follows:

Profit/Loss = \frac{(Pip Value × Lot Size × Number of Pips)}{Exchange Rate}

In the above formula:

- Number of pips: The difference between the buy and sell price;

- Lot size: Indicates the trade volume (lot size);

- Pip value: Represents the value of each pip for a specific trade size;

- Exchange rate: Mostly used in currency pairs where the second currency is not USD, like USD/JPY. If you are trading EUR/USD and prices are quoted in USD, no conversion is needed.

For example, suppose you bought 0.3 lots of USD/JPY and the price moved from 110.00 to 110.50. To calculate the profit of this trade, first convert the price change into pips. In pairs where USD is the base currency (like USDJPY), each pip equals 0.01.

Price Change = Current Price - Entry Price = 110.5 - 110 = 0.50

Price Change in Pips = 0.50 × 100 = 50 pips

Next, calculate the pip value for USDJPY. For each 1 lot of this pair, every pip equals 10 yen. So, for 0.3 lots we have:

Pip Value for 0.3 lots = 0.3 × 10 = 3 yen

Therefore, each pip equals 3 yen for you. Now, let’s calculate the profit:

Profit = 3 × 50 = 150

So, your profit from this trade equals 150 yen. To convert this profit into USD, you need the exchange rate of USD/JPY. Suppose it is 110. Then we have:

Profit in USD = \frac{150 yen}{110} = 1.36 USD

Or simply, based on the formula mentioned earlier:

Profit/Loss = \frac{(10 × 0.3 × 50)}{110} = 1.36 USD

Note: As we know, pip value differs for each market and trading instrument. To check the pip value for any symbol, you can use the Pip Value Calculator.

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FAQ

Can Aron Groups’ Profit and Loss Calculator be used for trading gold, oil, or stock indices as well?
Yes. With this calculator, you can not only calculate profit and loss for all major, minor, and exotic currency pairs, but also estimate profit or loss for other assets such as gold, oil, and stock indices. Simply select the desired asset type.

Can Aron Groups’ Profit and Loss Calculator also calculate the effect of leverage?
No. The profit and loss calculator usually only shows the amount of profit or loss of a trade without considering leverage. If you want to calculate the impact of leverage, you should use the Margin Calculator.

Is Aron Groups’ Profit and Loss Calculator free?
Yes, all Forex calculators provided by Aron Groups, including the Profit and Loss Calculator, are free to use.

Can Aron Groups’ Profit and Loss Calculator be used for automated trading?
Not directly. However, you can use similar formulas in trading robots or custom scripts to calculate profit and loss in automated trades.