Forex Trading Calculator
As a trader, knowing how to manage your risk is crucial. The FP Markets Forex Calculator helps you assess the risks around your next trade before you execute it and includes:
Work out the value per pip in your base currency to accurately monitor your risk per trade.
Convert live exchange rates.
Calculate margin requirements needed to open and hold positions.
Calculate the interest rate between the two currency pairs on your open positions..
Evaluate projected profit or loss from any transaction that will be made in the forex market.
Just select which product you need from the drop-down menu below:
These tools allow you to calculate all the important parameters of your trade such as the pip value, contract size/trade size, swap, required margin and potential profit across a range of products. Streamline your trading process by knowing how to manage your positions. Save your time and manage risk efficiently by concentrating on your trading instead of manual calculations. All you have to do is enter your account currency along with your relevant position details and see the final values in real-time.
Useful Notes When Using the FP Markets Trading Platforms
When trading Forex and Metals which are are held open over a Wednesday night will incur a triple swap charge. Similarly, positions in Commodities and Indices that are held open over a Friday night will incur a triple swap charge.
EURTRY and USDTRY currency pairs have Margins which are Ten Times the Usual.
The value seen on Profit calculator on our website above is the total profit and loss of a position including swaps.
Standard Lot Sizes (1 lot) in Units:
|300,000 units EURUSD with Account Leverage 1:200 and account currency EUR||Margin = 300,000 / 200 = 1,500 Euro|
|200,000 units USDCZK with Account Leverage 1:100, Account Currency SGD and USDSGD=1.36820||Margin = (200,000 / 100) * 1.36820 = $2,736.40 SGD|
|15,000 Units ( 3Lots) of XAGAUD with Account Leverage 1:500, Account Currency GBP and GBPAUD=1.86468||Margin = (3 * 100,000 / 500) / 1.86468 = £107.26|
|3,000 Units (3 Lots) XBRUSD with Account Leverage 1:500, Account Currency SGD, price 71.21 (Product Leverage 1%) and USDSGD=1.36842||Margin = (3,000 * 71.21 * 1%) *1.36842 = $2,923.36 SGD|