Forex Calculators
What are Forex Calculators?
Forex calculators are innovative tools designed to help traders calculate different aspects of their trades easily and accurately.
What do Forex Calculators offer?
1. Lot Size Calculation: Helps you determine the appropriate contract size based on your capital and risk management.
2. Profit and Loss Calculation: Enables you to anticipate potential gains or losses from a particular trade.
3. Pip Value Calculation: Shows you the impact of price movement per pip on your account.
4. Risk/Reward Ratio Calculation: To strategically evaluate trade opportunities.
5. Margin Calculator: To know the amount of margin required to open a trade.
Features of Forex Calculators on our website:
Ease of use: A simple and straightforward interface that suits all traders.
High accuracy: Based on updated equations and live market prices.
Time-saving: Saves you from complex manual calculations.
Compatible with all currency pairs: In addition to gold, silver and other commodities.
Why do you need it?
If you are a trader looking to manage your capital intelligently and reduce risk, Forex calculators are your perfect tool for making informed trading decisions.
1/Margin calculator
Select the currency pair you wish to trade from the Instrument menu
Select your account’s deposit currency from Deposit Currency.
Select the appropriate leverage from the Leverage option
Enter the trade size you wish to trade (in lots or units).
Click the Calculate button to get the required margin value.
Benefit:
This tool helps traders know the required margin amount in advance, which contributes to better capital management and reduces trading risks.
Profit & loss calculator
1. Select the currency pair from the Instrument option.
2. Select your deposit currency from Deposit Currency.
3. Select the trade size from Trade Size (in lots or units).
4. Select the trade direction (buy or sell) from Position Direction.
5. Enter the opening price in Open Price.
6. Enter the expected or final closing price in Close Price.
7. Click on the Calculate button to get the profit or loss value.
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Benefit:
This tool helps traders make informed decisions based on accurate profit or loss calculation before entering the trade.
It provides complete clarity on the trade performance and its impact on the account.
Pip value calculator
How to use:
1. Select a currency pair from the Instrument menu.
2. Select your deposit currency from Deposit Currency.
3. Enter the trade size in Trade Size (in lots or units).
4. Enter the number of points to be calculated in Pips.
5. Click the Calculate button to display the value of one point.
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Benefit:
Accuracy in calculating the value of a point: to determine the financial impact of a point movement on the account.
Help in risk management: Knowing the value of a point helps traders determine the appropriate risk size for each trade.
Compatibility with all currency pairs: The value is clearly displayed regardless of the currency pair chosen.