Trading Calculators for Forex and CFDs

This, in turn, will help you determine where it is to best to set stop-loss and take-profit orders. The possible profits from forex trading are very variable and depend on many different factors. Experienced traders with large capital and effective risk management techniques can make high profits, possibly thousands or even millions of dollars per year.

How does pip value affect my trading?

This tool is essential for managing risk, assessing potential profits, analyzing trading performance and making informed decisions. Use the LiteFinance Trader’s Calculator to calculate eventual profits or losses for a current or projected position. Enter your account type, currency, trading instrument, lot size, and leverage size.

Trade confidently at every step — use our calculators to estimate profits and losses from any trade. The information on market-bulls.com is provided for general information purposes only. Market-bulls.com does not accept responsibility for any loss or damage arising from reliance on the site’s content. Users should seek independent advice and information before making financial decisions.

Compare results for different positions

Many traders practice on a forex demo account before moving to real trading. Tools like trading calculators can help you calculate potential profit, loss, and margin requirements, which are essential for managing your account and achieving long-term success. Input parameters include the instrument, contract size, account currency, leverage, commissions, spread and rollover policy. Choose your account settings, specify position conditions and get the result. The calculator is specifically designed to help traders understand the various factors and variables that affect their account balance and overall trading performance. The FX Pip Calculator will calculate the required position size based on your currency pair, risk level and the stop loss in pips.

Trading Scenario: Margin Call Level at 100% and Stop Out Level at 50%

Choose from the options below to see how margin requirements and profit or loss are calculated on forex CFD trades. For most pairs, a pip equates to a movement in the fourth decimal place, while for Japanese yen (JPY) pairs, it’s the second decimal place. Market price also influences pip value, which can change with market dynamics.

1. Market price also influences pip value, which can change with market dynamics.
2. Remember that our forex calculator is a useful tool for determining the margin requirement and potential profit or loss of your forex trade before you open a position.
3. You can use the calculator to choose the Stop Loss and Take Profit levels for your order.
4. Trade confidently at every step — use our calculators to estimate profits and losses from any trade.
5. Here, a Forex Pip Value Calculator proves invaluable, helping traders gauge the financial implications of their lot sizes.
6. AxiTrader is not a financial adviser and all services are provided on an execution only basis.

We introduce people to the world of trading currencies, both fiat and crypto, through our non-drowsy educational content and tools. We’re also a community of traders that support each other on our daily trading journey. IG International Limited is licensed to conduct investment business and digital asset business by the Bermuda Monetary Authority. As a FinCom certified broker, our customers are insured for the safety of funds. Use our calculator for a wide range of trading calculations to help you learn more about forex. A loss is an unfavourable outcome from a trade which occurs when the price fluctuation of a currency works against the trader.

Our margins for CFDs start at 3.33% for major pairs like GBP/USD, EUR/USD and EUR/GBP. Find out more about our margin rates, including for other markets like indices, stocks and commodities. Discover how a forex trade works – including the margin requirement and potential profit or loss on a forex CFD trade – with our forex trading calculator. The calculator will help you estimate your potential profits or losses per pip movement of your pair. Use our profit calculator to estimate potential profits or losses of your trading positions.

Risk capital is money that can be lost without jeopardizing one’s financial security or lifestyle. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. To assist with this, our Trading calculator helps you determine the required margin for each trade. This allows you to figure out how much money you need to open a position and build an effective trading strategy.

Several variables such as account balance, account currency, stop loss and currency pair determine the appropriate position size. The leverage calculator will calculate the required leverage to open your trading position based on your account currency, the traded currency pair and trade size. Using trading tools and Forex calculators, you can maximize the potential of your trading approach.

1. We want to clarify that IG International does not have an official Line account at this time.
2. To calculate potential profits or losses of a trading position, specify certain trade parameters (e.g., the currency pair, deposit currency, and trade size), the opening and closing price of your trade, and whether you buy or sell.
3. Profit in trading is calculated based upon the difference between your open price and close price.
4. The margin calculator allows you to estimate the financial requirements for individual trades.
5. With a few simple inputs, our position size calculator will help you find the approximate amount of currency units to buy or sell to control your maximum risk per position.

With a few simple inputs, our position size calculator will help you find the approximate amount of currency units to buy or sell to control your maximum risk per position. You can use the calculator to choose the Stop Loss and Take Profit levels for your order. Input the details of your order, determine the open price and start calculating various outcomes by changing the close price level. Choose the levels resulting in profits and losses you are comfortable with. Profit or loss is calculated based on the difference between the entry and exit prices of the trade, multiplied by the trade size. If the exit price is higher than the entry price for a long position, you’ll make a profit, and vice versa.

Margin trading, forex trade calculator or buying on margin, involves borrowing money from your broker to open a larger position than you could with just your capital. Instead of paying the total price of the trading asset, you only need to pay a percentage (the margin) while the broker lends you the rest. NOP calculator is an easy-to-use tool that will speed up your leverage calculations and provide you with results at the click of a button.