Break-Even Calculator
Calculate your break-even price including all trading fees and commissions
Trade Details
Fees & Commissions
Break-Even Price
Fee Impact
P&L at Different Prices
| Change | Price | P&L |
|---|---|---|
| -10% | $90.00 | -$1,000.00 |
| -5% | $95.00 | -$500.00 |
| Entry | $100.00 | +$0.00 |
| +5% | $105.00 | +$500.00 |
| +10% | $110.00 | +$1,000.00 |
| +20% | $120.00 | +$2,000.00 |
Understanding Break-Even Price
What is Break-Even?
The break-even price is the minimum price at which you can sell your investment without incurring a loss. It accounts for all costs including commissions, fees, and any additional expenses associated with the trade.
Why Fees Matter
Trading fees can significantly impact your profitability, especially on smaller positions. A $10 round-trip fee on a $1,000 position is 1% - meaning you need a 1% gain just to break even before making any profit.
The Formula
Total Investment = (Entry Price × Shares) + Buy Commission + Additional Costs
Break-Even Price = Total Investment / Shares + (Sell Commission / Shares)
Fee Impact % = (Total Fees / Position Value) × 100
Many brokers now offer commission-free trading, eliminating this cost entirely.
Larger positions reduce the percentage impact of fixed-fee commissions.
Don't forget bid-ask spread - it's a hidden cost that affects break-even.
Frequently Asked Questions
How do I calculate break-even for short positions?
For short positions, you profit when the price goes down. The break-even price will be below your entry price, accounting for the fees you paid to open and will pay to close the short position.
What costs should I include in "Additional Costs"?
Include any other trading costs such as: slippage (difference between expected and actual execution price), exchange fees, SEC fees, clearing fees, or any other transaction-related expenses.
Why is my break-even price the same as entry when fees are zero?
With zero fees, any sale price above your entry price results in profit, so your break-even equals your entry. This is the ideal scenario offered by commission-free brokers like Robinhood, Webull, or Fidelity.
How do taxes affect break-even?
This calculator doesn't include taxes. For a true after-tax break-even, you'd need to factor in capital gains tax rates, which vary based on holding period and your tax bracket.
Disclaimer: This calculator is for educational purposes only and does not constitute financial advice. Actual trading costs may vary. Always verify fees with your broker before trading.
Free Break-Even Calculator by Money365.Market
Educational purposes only. Not financial advice.