Free Tool

Profit/Loss Calculator

Calculate your real take-home profit after commissions and exchange fees. Most calculators ignore the $4-6 per contract in round-trip costs that eat into every trade. This one doesn't.

Profit / Loss Calculator

Commission and exchange fees are per contract, round-trip.

+$987.72

Net P/L (after fees)

Points captured+10.00
Gross P/L+$1,000.00
Commissions-$9.00
Exchange/NFA fees-$3.28
Net P/L+$987.72
P/L per contract+$493.86

Fees ate 1.2% of your gross profit

$12.28 in fees on $1,000.00 gross profit

Why Fees Matter More Than You Think

The hidden cost of active trading

Every futures trade carries two costs most traders forget to include: broker commissions and exchange/NFA fees. On a standard ES contract, that's roughly $4.50 in commissions plus $1.64 in exchange fees, totaling $6.14 per contract per round trip. For a single contract trade, it barely registers. But scale it up and the numbers change fast.

How commissions compound for day traders

Say you take 4 trades per day with 2 contracts each. That's 8 round trips. At $6.14 per contract, you're paying $49.12 in fees daily, $245.60 per week, and over $12,000 per year. A trader who averages $500/day in gross profits is actually netting closer to $450 after fees. That's a 10% drag on performance, every single day, before taxes.

Example trade: Long 2 ES at 5500, exit at 5505 = +5 pts

Gross profit: 5 pts x $50 x 2 contracts = $500

Commissions: $4.50 x 2 = $9.00

Exchange fees: $1.64 x 2 = $3.28

Net profit: $500 - $12.28 = $487.72

Now imagine that trade was only +2 points ($200 gross). Fees still cost $12.28, eating 6.1% of your profit. On a +1 point scalp ($100 gross), fees take 12.3%.

Smaller targets, bigger fee impact

The tighter your targets, the more fees hurt. Scalpers taking 1-2 point targets on ES are giving up 5-12% of every winner to fees. Swing traders targeting 10+ points barely notice the same costs. Understanding this math helps you set realistic minimum targets and decide whether micro contracts (MES, MNQ) make more sense for smaller accounts where commissions are proportionally lower.

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This calculator is for educational purposes only. It does not constitute financial advice. Commission and fee amounts vary by broker and may change. Trading futures involves substantial risk of loss. Past performance is not indicative of future results.