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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.
Below you will find several forex calculators to help you make trading decisions during your forex trading. Values are calculated in real-time with current market prices to provide you with an accurate result.
Use our Profit Calculator to calculate your expected profit or loss in money and pips based on your entry and exit prices, lot size and trade direction.
Our forex margin calculator will help you calculate the exact margin needed to open your trading position. How to calculate margin? Select your currency pair, account currency (deposit base currency) and margin (leverage) ratio, input your trade size (in units, 1 lot= 100,000 units) and click calculate.
Most importantly, this calculation changes for each currency pair you trade and therefore it is best to use our forex position size calculator and risk calculator. Keep in mind that risk is one of the most important factors – Forex is high risk and therefore you shouldn’t risk more than 5% per trade.
Our Forex leverage calculator will quickly show you the required leverage to open your XAUUSD trading position based on your trade requirements.
Our USDTHB Pip Calculator will help you calculate the USDTHB pip value in different account types (standard, mini, micro), currencies and lot size.
Remember that at 10% risk per trade it takes only 10 losing trades to wipe out your account! If you’re not sure how many pips you should set for the stop-loss, head over to our pip calculator. Our calculator covers many foreign exchange pairs: Majors. EURUSD. USDJPY. GBPUSD. USDCHF. USDCAD. AUDUSD. NZDUSD. Minors. EURGBP. EURJPY. GBPJPY ...
Using Myfxbook’s economic calendar gives you access to economic releases in real time, as they happen along with immediate interpretation of the figure, ie if the result was better than expected or worse than expected.
The Position Size Calculator will calculate the required position size based on GBPNZD, risk level (either in terms of percentage or money) and the stop loss in pips.