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Quiz Play- Calculate The Forex Trading Profit or Loss - The Forex Pips- Forex Trading Signals Provider- 14 Days VIP Free Trial

LearningQuiz Play- Calculate The Forex Trading Profit or Loss

Quiz Play- Calculate The Forex Trading Profit or Loss

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Assume all examples are buy transactions.

 

Example 1

A $350,000 trade involving the EUR/GBP pair is closed at 0.8714 after gaining 29 pips.

 

Number of GBP per pip: 350,000 × 0.0001 = 35
Per Pip Value: 35 ÷ 0.8714 = 40.17 EUR per pip
Trade Profit / (Loss): 29 pips × 40.17 = 1, 164.93 Euros

 

Example 2:
Currency Pair CHF/JPY, Exchange Rate at Close: 83.84, Pip Change: +18, Trade Amount: 500,000 CHF

 

Number of JPY per pip: 500,000 × 0.01 = 5,000

 

(Remember, Yen-based currency pairs are an exception and are displayed to only two decimal places)

 

Per Pip Value: 5,000 ÷ 83.84 = 59.64 CHF per pip
Trade Profit / (Loss): 18 pips × 59.64 = 1,073.52 Swiss Francs