Profit Calculator CAD/JPY
Using estimated rate
Calculate profit for CAD/JPY
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 = $500.00
= $500.00
Multiply by pip value
0.4 × $500.00
= $200.00
For CAD/JPY profit calculations: CAD/JPY uses 2-decimal pricing (0.01 per pip) since JPY is valued in hundreds per unit. This cross pair has typical spreads of 1.8-2.8 pips with good liquidity.
Frequently Asked Questions
How do I calculate profit for a CAD/JPY trade?
For CAD/JPY, profit = (exit price - entry price) × lot size × contract size (100,000). For 2-decimal pairs, divide price difference by 0.01 to get pips.
How do I convert CAD/JPY profit to my account currency?
If your account is in JPY, profit is already in that currency. Otherwise, convert using the current exchange rate between JPY and your account currency.
Does spread affect my CAD/JPY profit calculation?
Yes, spread reduces profit on CAD/JPY trades. You pay the spread when entering, so your trade starts slightly negative. Factor this cost into your profit targets.