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FxPro Forex Calculators and FX Rates

 

Use our online forex calculator to complete a number of important trading calculations. Each of the individual calculators uses the latest FX rates, calculations can be made using numerous currency pairs, with it possible to change the values into one of the seven account currencies your trading account is denominated in. On this page you’ll find several calculation tools and further information about forex rates.

Easily Make Trading Calculations

For a quick calculation, use the all-in-one option, simply entering the appropriate currency pair, account currency, leverage and position size before hitting enter and instantly receiving all the important FX rate information.

The Margin Calculator works out how much margin is needed to open a position, while the Profit Calculator shows the performance of previous trades, factoring in all the fees. Every calculator includes an explanation of how the calculations are worked out and allows the values to be changed depending on your needs.

Further Applications

Calculators that work out the pip value of each position in your chosen currency, along with a currency converter and cTrader commission calculator, are all vital for forex traders.
FxPro also has a mobile app available for both Apple and Android devices, which includes all these forex calculators. This means you can easily make important calculations on the go, whether it’s setting stop loss and take profit levels or calculating margin, swap fees and more.

To manage risk more effectively, it is important to know the pip value of each position in the currency of your trading account.

The FxPro Pip Value Calculator does this for you. All you have to do is enter your position details, including the instrument you are trading, the trade size and your account currency. Click ‘Calculate’ to determine how much each pip is worth.

For forex, the pip value calculation is performed as follows:

Pip Value = (Pip in decimal places * Trade Size) / Market Price

Example: Trading 1 lot of EUR/USD with an account denominated in EUR.

  • One pip in decimals = 0.0001
  • Trade Size = 100,000
  • Exchange Rate = 1.13798
  • 0.0001 * 100,000 = 10
  • 10 / 1.13798 = 8.78750
  • Each pip is worth €8.79

For metals you calculate tick value instead of pip value. Tick value calculation is performed as follows:

Tick Value = Tick in decimals (0.01) * Number of Oz

Example: Trading 1 lot (100 Oz) of GOLD with an account denominated in USD.

0.01 * 100 = 1

Each tick is worth $1.

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Risk Warning: Trading CFDs involves significant risk of loss.

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