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FREE FOREX COST RECOVERY TOOL

Forex Break-Even Calculator

Estimate how far price must move to cover spread, commission, swap, and other entered costs for a forex position.

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CALCULATOR INPUTS

Enter your planning values

CALCULATED OUTPUT

Your planning estimate

Enter or adjust the values, then select Calculate results.

STEP-BY-STEP

How to use this tool

  1. Select long or short and enter the actual or planned entry price.
  2. Enter standard lots, pip size, and account-currency pip value.
  3. Enter a realistic spread for the trading session.
  4. Add complete round-turn commission plus expected swap and other costs.
  5. Review the required pips and estimated break-even price.
  6. Use actual fills and statement costs for journal review because live break-even can move.
WORKED EXAMPLE

See the calculation in context

One standard lot with a 1.2-pip spread, $10 pip value, and $7 round-turn commission has $19 total entered cost. It needs about 1.9 pips of favorable movement to reach estimated break-even.

Calculation method

Total costs = spread pips × lots × pip value per lot + commission + swap and other costs. Cost-recovery pips = total costs ÷ position pip value. Add the price movement for a long trade and subtract it for a short trade.

AVOID THESE ERRORS

Common mistakes

  1. Using per-side commission instead of full round-turn commission
  2. Adding spread twice
  3. Using the wrong pip size for JPY pairs or non-forex products
  4. Ignoring swaps on multi-day trades
  5. Assuming a broker platform marks break-even the same way
  6. Treating the break-even price as a profit target
FREQUENTLY ASKED

Questions and answers

Why is break-even beyond the entry price?

The trade must first recover spread and every other entered cost before net P&L reaches zero.

Does the result include slippage?

Only if you add an estimated slippage amount under other costs.

Can the break-even price change after entry?

Yes. Swap accrual, partial closes, fees, conversion, and execution changes can move it.

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USEFUL NEXT TOOLS

Continue the workflow

Educational-use notice.

Outputs are planning estimates, not investment advice or guarantees. Verify instrument specifications, fees, prices and binding prop-firm rules with the relevant official source before relying on any result.