Forex Tools
Forex Tools & Calculators
Free forex calculators for currency conversion, trading risk, position sizing, pip values, profit and loss, and more.
Trading
Profit and loss, margin, leverage, compounding and account returns.
Forex Profit & Loss Calculator
Calculate pips and profit or loss on a forex trade in your account currency.
Open toolForex Margin Calculator
Find the margin required to open a forex position at a given leverage.
Open toolForex Leverage Calculator
Work out effective leverage and margin percentage for a position.
Open toolForex P&L Percentage Calculator
Express a trade's profit or loss as a percentage of your account.
Open toolForex Compounding Calculator
Project a hypothetical account balance with a fixed return per period.
Open toolRisk Management
Risk amounts, stop-loss and take-profit levels, drawdown and risk/reward.
Forex Position Size Calculator
Size a forex position from account balance, risk percentage and stop-loss.
Open toolForex Risk/Reward Calculator
Compare risk and reward in pips and money from your trade levels.
Open toolForex Stop-Loss Calculator
Find the stop-loss price for a chosen pip distance and see the money at risk.
Open toolForex Take-Profit Calculator
Find the take-profit price that reaches a profit target.
Open toolForex Risk Calculator
Calculate monetary risk, price distance and position size for a trade.
Open toolForex Drawdown Calculator
Measure drawdown from an account high and the gain needed to recover.
Open toolCurrency
Convert currencies at an exchange rate you provide.
Pip & Position
Pip values, pips to price, and lot and trade sizes.
Pip Calculator
Find pip size and pip value for a currency pair and trade size.
Open toolPips to Price Calculator
Convert a number of pips into a price change and new price.
Open toolForex Lot Size Calculator
Convert a risk amount into standard, mini and micro lots.
Open toolForex Trade Size Calculator
Find the position size that matches a risk amount and stop distance.
Open toolSwap & Cost
Swap, commission, spread and break-even after costs.
Forex Swap Calculator
Estimate overnight swap (rollover) cost or credit from rates you enter.
Open toolForex Commission Calculator
Add up commission per trade and across many trades.
Open toolForex Spread Cost Calculator
Work out what the bid/ask spread costs on a trade.
Open toolForex Break-Even Calculator
Find the price needed to cover spread and commission.
Open toolForex guides
Step-by-step explanations of the calculations behind these tools.
What Is a Pip in Forex? Pips Explained With Examples
What a pip is in forex, the 0.0001 convention for most pairs and 0.01 for JPY pairs, how to calculate pip value, and worked examples for EUR/USD and USD/JPY.
Forex Position Size Calculator: How Position Size Is Calculated
How forex position size is calculated from account balance, risk amount, entry and stop-loss distance in pips, and pip value — with a formula, worked example and calculator.