Profit Calculator BRENT/USD
Calculate profit for BRENT/USD
Inputs
Calculate price difference
1.002 - 0.999 = 0.004
= 0.4 pips
Calculate pip value
For {pair}, approximately {value} per standard lot 0.5 lots = $0.50
= $0.50
Multiply by pip value
0.4 × $0.50
= $0.20
For BRENT/USD profit calculations: BRENT/USD uses 2-decimal pricing (0.01 per pip) since USD is valued in hundreds per unit. Contract size: 100 units. Typical spreads: 4.0-6.0 pips.
Frequently Asked Questions
How do I calculate profit for a BRENT/USD trade?
For BRENT/USD, profit = (exit price - entry price) × lot size × contract size (100). For 2-decimal pairs, divide price difference by 0.01 to get pips.
How do I convert BRENT/USD profit to my account currency?
If your account is in USD, profit is already in that currency. Otherwise, convert using the current exchange rate between USD and your account currency.
Does spread affect my BRENT/USD profit calculation?
Yes, spread reduces profit on BRENT/USD trades. You pay the spread when entering, so your trade starts slightly negative. Factor this cost into your profit targets.