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Return Needed to Break Even

If fees take 1.5%, the remaining 98.5% has to climb back to 100%. One divided by 0.985 is 1.523, so you need 1.523% — not 1.5%.

Your numbers

Return to break even

1.523%

Fee

150,000

Total

10,152,284

Formula

Return to break even = (1 ÷ (1 − Round-trip fee ÷ 100) − 1) × 100

Trading often means clearing this hurdle every time. A 0.5% round trip taken twenty times a year hands over 10%.

What to enter

InputDefaultAccepted range
Round-trip fee (%)Buying and selling fees added together.1.50 ~ 50
InvestedEverything you put in; include fees or the return comes out flattering.10,000,0000 and up

Step by step

FormulaReturn to break even = (1 ÷ (1 − Round-trip fee ÷ 100) − 1) × 100
With the default numbersReturn to break even = (1 ÷ (1 − 1.5 ÷ 100) − 1) × 100
AnswerReturn to break even = 1.523 %

Quick reference table

Results when only Round-trip fee (%) changes and everything else stays put.

Round-trip fee (%)Return to break even (%)FeeTotal
0.750.75675,00010,075,567
1.131.143113,00010,114,291
1.51.523150,00010,152,284
2.252.302225,00010,230,179
33.093300,00010,309,278

What each result means

ResultAt default values
Return to break even (%)The rise needed just to get back to even after fees.1.523
FeeThe fee charged, as money.150,000
TotalEvery item added together — check whether tax or tip is inside it.10,152,284

Common mistakes

Trading often means clearing this hurdle every time. A 0.5% round trip taken twenty times a year hands over 10%.

Glossary

Round-trip fee
Buying and selling fees added together.
Invested
Everything you put in; include fees or the return comes out flattering.
Return to break even
The rise needed just to get back to even after fees.
Fee
The fee charged, as money.
Total
Every item added together — check whether tax or tip is inside it.

Frequently asked questions

Q. How is Return Needed to Break Even calculated?

Return to break even = (1 ÷ (1 − Round-trip fee ÷ 100) − 1) × 100 — If fees take 1.5%, the remaining 98.5% has to climb back to 100%. One divided by 0.985 is 1.523, so you need 1.523% — not 1.5%.

Q. Can you walk through an example?

With Round-trip fee 1.5%, Invested 10,000,000, the answer is Return to break even 1.523%.

Q. What do I need to enter?

Enter Round-trip fee, Invested. The result recalculates as you type, and an empty box counts as zero.

Q. How much does the answer move if I change a number?

Changing only Round-trip fee (%) moves the answer to Round-trip fee (%) 0.75 → Return to break even (%) 0.756 and Round-trip fee (%) 3 → Return to break even (%) 3.093. The table below lays out five steps.

Q. How are the numbers rounded?

Money is shown to the nearest whole unit, percentages to one decimal place and everything else to two. What you see is rounded; the calculation itself carries the unrounded value forward.

Q. Anything to watch out for?

Trading often means clearing this hurdle every time. A 0.5% round trip taken twenty times a year hands over 10%.

Related calculators

Tax rates and interest conventions differ by country and product — check your contract for real transactions.