Profit Calculator XAG/USD
Calculate profit for XAG/USD
Inputs
Calculate price difference
23.700 - 23.380 = 0.320
= 32.0 pips
Calculate pip value
For {pair}, approximately {value} per standard lot 0.5 lots = $1.06
= $1.06
Multiply by pip value
32.0 × $1.06
= $34.04
For XAG/USD profit calculations: XAG/USD uses 2-decimal pricing (0.01 per pip) since USD is valued in hundreds per unit. Contract size: 5,000 units. Typical spreads: 2.5-4.0 pips.
Frequently Asked Questions
How do I calculate profit for a XAG/USD trade?
For XAG/USD, profit = (exit price - entry price) × lot size × contract size (5,000). For 2-decimal pairs, divide price difference by 0.01 to get pips.
How do I convert XAG/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 XAG/USD profit calculation?
Yes, spread reduces profit on XAG/USD trades. You pay the spread when entering, so your trade starts slightly negative. Factor this cost into your profit targets.