Skip to main content
FreeNo login23 instruments

Payoff Matrix Calculator

Visualize your potential profit and loss across a range of exit prices. See a color-coded heatmap of your trade outcomes.

Loading live rates…

Featured

Deriv

4.0
Open Account

Capital at risk · T&Cs apply

Payoff Matrix Calculator Formula

P&L at each price = (Price − Entry) × Pip Value × Lots × Direction

Example: Grid shows P&L from −50 to +50 pips across different lot sizes

Payoff Matrix Calculator FAQ

1

What is a payoff matrix?

A payoff matrix shows your profit or loss at various price levels in a grid format. Green cells show profits, red cells show losses, with color intensity showing magnitude.

2

How does a payoff matrix help with trade planning?

It lets you visualize the full range of outcomes before entering a trade. You can immediately see your maximum loss, break-even point, and profit at various targets.

3

Can I use a payoff matrix for multiple positions?

Yes. By combining multiple entries at different prices and sizes, the matrix shows the net P&L across all positions, helping you manage scaled entries and partial take-profits.

Find the right broker for you

Get matched to brokers for your country, market and style — free, ~30 seconds.

Matching for:Travelling or on a VPN? Change it.
Find my match

Related calculators

Related Trading Terms

Top Forex Brokers

Full rankings
Interactive Brokers
Interactive Brokers
4.4/5From 0.2 pipsSEC, MAS
Visit
Forex.com
Forex.com
4.4/5From 0.8 pipsMAS, CFTC
Visit
Kraken
Kraken
4.3/5From 0.2 pipsCFTC, FCA
Visit
OANDA
OANDA
4.3/5From 0.6 pipsKNF, ASIC
Visit

Find a broker

Ready to put your calculations to work?

Compare brokers with the lowest spreads, best execution and reliable regulation.

Calculator results are estimates only — not financial advice. Trading involves significant risk of loss. Full risk disclosure.