Before you open a position on a trade, it’s important to know exactly how much capital you could gain or lose depending on the outcome of the trade. Our Profit Calculator is a simple tool designed to help you do just that.
To determine the potential profit or loss of a trade, simply start by selecting the currency pair of your choice and choose if you’re are buying or selling. Once you have set the open and close price, you can then choose the currency in which you’d like to see the results.
The actual result of a live trade is subject to change due to factors such as sudden volatility or important market news and announcements.
You should also remember that different account types employ different commissions, swaps and spreads. The above should be used as a guide alongside your other risk management techniques. For more details on terms for each account type, please click here.