Trading the forex market requires the calculation of different trade parameters. These can sometimes prove problematic to beginners or even more advanced traders who don’t have the time. Traders’ calculators have been put together to meet your needs. Using these calculators you can calculate different parameters such as position size, number of pips, and potential profit. You can also use a currency converter for the most traded currencies.
The Pip Calculator is a web widget that allows converting a financial instrument’s price change from pips to trading account currency for a position of a selected size. If necessary, the widget also helps to determine the number of pips by specifying the starting price of the instrument and the price to which it changed.
Note that the position size should be input in units.
- 1 standard lot = 100,000 units
- A mini lot = 10,000 units
- 1 micro lot = 1,000 units.
The Profit Calculator web widget works like a trade simulator. It allows the user to specify position and account details, and calculates applied margin requirements, volume and rollover commissions, and resulting profit or loss.
The available data covers various Forex instruments and commodity, index, and stock CFDs, and offers both current and historical spot prices.
Position Size Calculator
Calculate position size in units of a base currency based on amount at risk and stop loss.
The Currency Converter web widget is a tool for converting a specific amount of a currency into another.
The list of available instruments consists of a wide range of Forex instruments, including the US Dollar (USD), the Euro (EUR), the Japanese Yen (JPY), the British Pound (GBP), the Swiss Franc (CHF), the Canadian Dollar (CAD), the Australian Dollar (AUD), the New Zealand Dollar (NZD), the South African Rand (ZAR), and gold (XAU).
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