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. AxiTrader Limited is a member of The Financial Commission, an international organization engaged in the resolution of disputes within the financial services industry in the Forex market. Use our calculator for a wide range of trading calculations to help you learn more about forex. Whether the base currency for your trading is US dollar, UK pound, Euro or any other currency, you’ll find our forex compounding calculator works for you. If you’re tradingin cryptocurrency or any currency whose symbol isn’t represented, simply select the blank square in the currency options.
Trading Scenario: Margin Call Level at 100% and No Separate Stop Out Level
To recognize our call, you may wish to add our number to your phonebook in advance. A loss is an unfavourable outcome from a trade which occurs when the price fluctuation of a currency works against the trader. For instance, to buy a currency which then depreciates in value would result in a loss. Use our Forex compound calculator and simulate the profits you might earn on your Forex trading account. It can help with your Forex trading and create a clear understanding of how much money you can earn with each trade.
The ePlanet Brokers’ calculator, as one of the most advanced in Forex, helps traders make complex calculations and better decisions. By inputting the necessary data, such as the currency pair, trade size, leverage, and entry/exit points, traders can obtain a precise calculation of their potential profits or losses. This accuracy allows traders to make informed decisions based on realistic expectations. A Forex profit and loss calculator gives you a clear picture of the potential outcomes of a trade before you enter.
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. The information below will help you decipher and analyze the data received from the calculator (spread, pips, margin, swaps) based on the selected trading instruments. Incorporating trading calculators into your daily trading routine can revolutionize your approach.
- Calculate potential profits and losses of your orders and trade financial markets more confidently.
- Profit & Performance Calculators are indispensable for traders looking to evaluate the effectiveness of their trading strategies over time.
- A stop-loss (S/L) order is a risk management technique to restrict losses, whereby an open trading position is automatically closed once the price reaches a specified level.
- The Compounding calculator will provide a simulation of your account compounded over a number of periods with a fixed gain per each period.
- For beginner traders, understanding and calculating lots can be confusing, and this is where the lot calculator helps.
By considering factors like the currency pair, trade volume, entry and exit forex trading calculator prices, and leverage, it calculates potential profit and loss. Using this calculator ensures that your trade volume aligns with your trading strategy and risk management. There are different types of lot calculators; some only calculate the lot size, while others offer advanced features like pip value, margin, and profit/loss. The most advanced lot calculator can be found as part of the Forex trading calculator at ePlanet Brokers.
The information on this website does not constitute investment advice, a recommendation, or a solicitation to engage in any investment activity. For pairs without JPY, one pipette is on the 4th decimal place of the Forex pair.
Can I day trade with $5000?
A Non-Pattern Day Trade account requires a minimum of $5,000 in margin equity. All trades in Margin accounts are subject to Day Trade Buying Power Limitations.
Complete registration, log in to yourClient Area and upload the required documents. Calculate the swap rate for holding Forex positions overnight before you execute a trade with our free Forex Swap Rate Calculator. Compare the performance of major currencies relative to others in real-time with our advanced Currency Strength Meter. Note that calculations using the Forex Compounding Calculator assume that any additional contributions are made at the end of the period.
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. You should read and understand these documents before applying for any AxiTrader products or services and obtain independent professional advice as necessary.
Never enter the wrong size in trades
Technical Calculators are designed for traders who rely on technical analysis to make trading decisions. This section provides tools to calculate important technical indicators such as Fibonacci retracement levels, pivot points, and other relevant metrics. These calculators assist traders in interpreting market data, identifying trends, and pinpointing entry and exit points. With these sophisticated tools, traders can enhance their ability to forecast market movements and increase their potential for profitable trades. The Forex margin calculator is a straightforward online tool that quickly calculates the margin needed for a trade. By entering information such as the currency pair, trade volume (in lots), and chosen leverage, it displays the required margin amount.
As a FinCom certified broker, our customers are insured for the safety of funds. Measure the strength of major currencies relative to others in real-time and quickly and easily determine when a currency is moving strongly in one direction or another. The information on this page does not constitute personal advice and any results should not be construed as investment advice. Please ensure you are aware of your broker’s & other trading fees which may apply to your trades. These are specific for each broker and can be found inside of their Terms & Conditions.
Forex Calculators:
- Pip Calculator will help you calculate the pip value in different account types (standard, mini, micro) based on your trade size.
- The Forex margin calculator is a straightforward online tool that quickly calculates the margin needed for a trade.
- They provide a quantitative foundation for your trading decisions, enabling a more disciplined, analytical approach to the markets.
- It not only aids in protecting your account from significant losses but also helps in maximizing the efficiency of your capital.
- Information is of a general nature only and does not consider your financial objectives, needs or personal circumstances.
Use the forex compound calculator to calculate the profits you might earn on your foreign exchange currency 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. Assume you have an account balance of $10,000 and you’re willing to risk 2% of your balance on a trade.
This can help them quickly adapt to market conditions and seize opportunities as they arise. 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. The Position Size Calculator will calculate the required position size based on your currency pair, risk level (either in terms of percentage or money) and the stop loss in pips.
What is the minimum I can trade in forex?
It is possible to begin Forex trading with as little as $10 and, in certain cases, even less. Brokers require $1,000 minimum account balance requirements. Some are available for as little as $5. Unfortunately, if your starting amount is $10, this may prevent you from getting the higher quality, regulated brokers.
Margin trading, 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. Typically, a pip in most forex currency pairs is located at the 4th decimal place (0.0001), equivalent to 1/100 of 1%. For JPY pairs (involving the Japenese Yen), a pip appears at the 2nd decimal place (0.01). Pip Calculator will help you calculate the pip value in different account types (standard, mini, micro) based on your trade size. In this call we will inform you about our services and tools that can help you trade more effectively.
Why Use Trading Calculators?
With real-time calculations, traders can stay ahead, ensuring they are always informed about the potential costs and outcomes of their trading actions. 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.
How much cash do you need to trade forex?
However, a more realistic starting capital for forex trading is between $1,000 to $5,000, enabling better risk management and trading flexibility. Reinvest a portion of your trading profits to scale your account over time. As your capital grows, adapt your trading strategy and risk management accordingly.