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Profit and loss calculator

Work out what a trade makes or loses between two prices, and how far it moves you towards your target or your daily loss limit.

Challenge
Account size
Direction
lots

Gain

+$500.00

Pips
+50.0
Units
100,000
Pip value per lot
$10.00

That is 63% of the $800 phase 1 target on Classic.

$0$800 phase 1 target
How it's calculated

Result = (close price - open price) x trade size in lots x 100,000 units, reversed for a sell. It comes out in the second currency of the pair and is converted to US dollars: at the close price for pairs that start with USD, and at the day's reference rate for the rest.

Commission when a trade opens and closes, and holding costs on positions kept overnight, also come off your simulated balance. This calculator leaves them out.

Rates: European Central Bank reference, 2026-09-30 (saved copy)Read the full rules

Next step

These figures use Classic 2-Step, $10K.

Daily loss limit
$500 on day 1
Maximum loss floor
$9,000, fixed
One-time fee
$99

All trading is simulated. Rewards are based on performance and are not guaranteed.