Forex Calculators and Trading Tools

A larger balance will enable you to meet margin requirements and better handle market volatility, making trading easier and more flexible. You can use forex calculators to evaluate your possible profit and loss and decide on the amount of your deposits. One of the primary benefits of using a profit calculator is its accuracy.

Currency Pair and Market Price

1. To use the trade calculator, enter the available parameters and click “Calculate”.
2. Log in to your account now to access today’s opportunity in a huge range of markets.
3. This tool is essential for managing risk, assessing potential profits, analyzing trading performance and making informed decisions.
4. Forex profit calculators enable traders to make faster decisions by providing an instant calculation of potential profits or losses.
5. Your forex CFD profit and loss is calculated as the difference in price from when you opened your position to when you closed it, multiplied by your total position size.
6. This calculator allows you to see hypothetical trades that are based upon your current or target performance parameters.
7. Our margins for CFDs start at 3.33% for major pairs like GBP/USD, EUR/USD and EUR/GBP.

A Forex Pip Value Calculator helps traders adapt to these fluctuations by providing real-time pip value calculations. Yes, the Forex Lot Size Calculator is versatile and can be used for any currency pair. It takes into account the specific characteristics and value per pip of the chosen pair to calculate the lot size accurately.

You should read and understand these documents before applying for any AxiTrader products or services and obtain independent professional advice as necessary. Take the guesswork out of setting up your trades with our calculator tools and determine the exact margin, pip value, and swaps required. The Risk of Ruin and Drawdown calculator will calculate the probability to hit the expected ruin(loss) or drawdown levels based on the trading systems metrics such as win rate, average win and loss, risk per trade and number of trades.

The Compounding calculator will provide a simulation of your account compounded over a number of periods with a fixed gain per each period. Calculate currency conversion in real time with our free currency converter. Complete registration, log in to yourClient Area and upload the required documents. IG International Limited is part of the IG Group and its ultimate parent company is IG Group Holdings Plc. IG International Limited receives services from other members of the IG Group including IG Markets Limited. This exemplifies how, for each pip movement in EUR/USD, the movement’s monetary value is $10, easily determined using a Forex Pip Value Calculator.

Position Size Calculator helps you calculate the position size in units of a base currency based on the amount at risk and the stop loss. It automatically closes when the price reaches a certain non-favourable level you can set in advance. Using a Stop Loss order protects your funds from the worst-case scenario.

What is Take Profit?

It offers features like compatibility with a wide range of currency pairs, real-time calculations based on current market data, and a user-friendly interface. Whether you’re a beginner or an experienced trader, our calculator is a must-have tool in your trading arsenal. To use the position size calculator, enter the currency pair you are trading, your account size, and the percentage of your account you wish to risk. Our position sizing calculator will suggest position sizes based on the information you provide. The Margin Calculator will help you calculate easily the required margin for your position, based on your account currency, the currency pair you wish to trade, your leverage and trade size. This is leveraged, meaning you’ll only need to put up a deposit (called margin) to open a position.

Need help to choose?

1. Important legal documents in relation to our products and services are available on our website.
2. Users should seek independent advice and information before making financial decisions.
3. IG International Limited receives services from other members of the IG Group including IG Markets Limited.
4. Start by selecting your account base currency then choose the variable from each trading parameter and enter the volume in Lots.

To use the trade calculator, enter the available parameters and click “Calculate”. A profit-and-loss calculator helps traders calculate whether a trading position will potentially result in profits or losses. This, in turn, helps traders to determine where it is to best to set stop-loss and take-profit. Assume you have an account balance of $10,000 and you’re willing to risk 2% of your balance on a trade. For the EUR/USD pair, the value per pip for 1 standard lot (100,000 units) is approximately $10. Margin is calculated as a percentage of the total position size when trading with leverage, because margin is the deposit that you need to put down to open a leveraged position.

For instance, to buy a currency which then forex trade calculator depreciates in value would result in a loss. The Trade Return Calculator enables you to visualize hypothetical trades based on your current or target performance parameters. To use the calculator, enter your desired performance criteria in the corresponding input fields. This calculator allows you to see hypothetical trades that are based upon your current or target performance parameters. A margin trading scenario that involves a losing trade using a broker with a Margin Call Level at 100% and no separate Stop Out Level. A margin trading scenario that involves a losing trade using a broker with a Margin Call Level at 100% and a Stop Out Level at 50%.

The margin calculator allows you to estimate the financial requirements for individual trades. This utility allows you to determine the capital required to open a position of the desired size, as well as optimize the distribution of funds on the account between different trading instruments. In addition, the margin calculator widget displays the leverage for each trading instrument.

If your account currency matches the quote currency of the traded pair, the pip value remains constant. However, if they differ, converting the pip value to your account currency is necessary—a task effortlessly handled by a Forex Pip Value Calculator. When acquiring our derivative products you have no entitlement, right or obligation to the underlying financial asset. AxiTrader is not a financial adviser and all services are provided on an execution only basis. Information is of a general nature only and does not consider your financial objectives, needs or personal circumstances. Important legal documents in relation to our products and services are available on our website.

Forex Lot Size Calculator

Use our margin calculator to determine the margin required to open a trading position. The calculator will take into account specific parameters, such as your account base currency, the instrument you’ll be trading, trade size, and leverage. A standard lot is 100,000 units of the base currency, a mini lot is 10,000 units, and a micro lot is 1,000 units. For example, a one-pip change in a standard lot has a more substantial monetary impact than in a micro lot. Here, a Forex Pip Value Calculator proves invaluable, helping traders gauge the financial implications of their lot sizes.

Tools like the Forex Pip Value Calculator offer clear insights into these calculations, aiding traders in making informed decisions. The minimum deposit to open an account at Dukascopy Bank is 100 USD or equivalent in another currency. Depending on your method, leverage, and typical trade size, you may need a larger amount to trade profitably and minimize risks.

Calculate potential profits and losses of your orders and trade financial markets more confidently. Practice risk-free with simulated funds or start trading with real money. A Forex Lot Size Calculator is an essential tool for traders looking to manage their risk effectively and increase their potential for profit.