Free forex trading calculators

These three calculators tell you how much a trade can make or lose and how much margin it ties up before you place it. Everything runs in your browser; nothing is stored or sent anywhere.

Calculator Use it to
Pip value calculator See how much each pip is worth at the size you plan to trade
Position size calculator Size a trade so that hitting your stop loses exactly the share of your account you chose
Margin calculator See how much margin a trade needs at your leverage

They cover the majors (EURUSD, GBPUSD, USDJPY…), the crosses EURJPY, GBPJPY and EURGBP, and gold (XAUUSD), for both standard USD and cent accounts.

The calculators use the common MT4/MT5 convention: 1 forex lot = 100,000 units, 1 gold lot = 100 ounces. Some brokers and account types use different sizes, so check the contract specifications at your broker.