Forex 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:
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 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:
Product Type Standard Lot Size Units FOREX 100,000 Units of Base Currency GOLD 100 Oz SILVER 5,000 Grams WTI 1,000 Barrels.
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 = £321.77 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.
Forex Calculator - FAQ.
How Do You Calculate Pips?
The value of a pip is calculated by multiplying the exchange rate by 1/10,000 or 0.0001. A trader interested in purchasing the USD/CAD pair, for instance, would acquire US dollars while simultaneously selling Canadian dollars. Although, it is good to know how to calculate pips. FP Markets has taken all the hard work out of calculating pips and many other things with a free pip calculator.
How Does a Currency Converter Work?
The simplest explanation is that the purpose of a currency converter is to show people how the values of two currencies are related. The cost of transferring money from one currency to another is represented by the exchange rate.
How Do You Calculate Margin?
Calculating the margin for a forex deal is straightforward. Simply multiply the trade's value by the margin percentage. Then, subtract the margin used on all trades from your account's remaining equity. The resulting value represents the remaining margin.
How is Swap Calculated?
CFDs on Stocks and CFDs on Cryptocurrencies calculate swaps using the following formula: Lot multiplied by contract size multiplied by current price multiplied by long/short interest / 360.
How Do You Calculate Trade Profit?
Calculating profit and loss in a position is simple. To calculate the profit and loss on a trade, you will need the position's size and the number of pips moved. Profit or loss is calculated by multiplying the position size by the pip movement. FP Markets have taken all the hard work out of making trading calculations using the free calculators on The FP Markets Website.
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Trade Responsibly: Derivative products are highly leveraged, carry a high level of risk and are not suitable for all investors. Features of our products including fees and charges are outlined in the relevant legal documents available on our website. The legal documents should be considered before entering into transactions with us. FP Markets is a group of companies which include First Prudential Markets Pty Ltd, an ASIC regulated provider of Derivatives and Forex trading services (ABN 16 112 600 281, AFS License No. 286354), First Prudential Markets Ltd (registration number HE 372179), a company authorised and regulated by the Cyprus Securities and Exchange Commission (CySEC License number 371/18) and FP Markets LLC. which is a registered company of St. Vincent and the Grenadines, Limited Liability Number 126 LLC 2022. FP Markets does not accept applications from residents of countries or jurisdictions where such distribution or use would be contrary to local laws or regulations.
* / ^ Sat & Sun 08:00am to 16:00pm (GMT+2)
** / ^^ Terms and conditions apply.
Open An Account Try a Demo Client Portal WebTrader Login Traders Hub Blog Trading Knowledge Education.
MetaTrader 4 (MT4) MetaTrader 5 (MT5) Mobile Trading App WebTrader VPS Autochartist Myfxbook MAM/PAMM Traders Toolbox Social Trading Trading Central.
MT4/5 Account Types Deposit Funds Withdraw Funds Margin Table Forex Spreads Forex Swap Rates Leverage MT4/5 Fees & Charges Trading Hours.
Why FP Markets? About FP Markets ECN Pricing DMA Pricing Partner with FP Markets FAQ Company News Contact Us.
Social media:
Trade Responsibly: Derivative products are highly leveraged, carry a high level of risk and are not suitable for all investors. Features of our products including fees and charges are outlined in the relevant legal documents available on our website. The legal documents should be considered before entering into transactions with us. FP Markets is a group of companies which include First Prudential Markets Pty Ltd, an ASIC regulated provider of Derivatives and Forex trading services (ABN 16 112 600 281, AFS License No. 286354), First Prudential Markets Ltd (registration number HE 372179), acompany authorised and regulated by the Cyprus Securities and Exchange Commission (CySEC License number 371/18) and FP Markets LLC. which is a registered company of St. Vincent and the Grenadines, Limited Liability Number 126 LLC 2022. FP Markets does not accept applications from residents of countries or jurisdictions where such distribution or use would be contrary to local laws or regulations.
* / ^ Sat & Sun 08:00am to 16:00pm (GMT+2)
** / ^^ Terms and conditions apply.
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Thank you for visiting FP Markets.
The website www.fpmarkets.com is operated by First Prudential Markets (Global) Ltd an entity that is not established in the EU or regulated by an EU National Competent Authority. The entity falls outside the EU regulatory framework i.e. MiFID II and there is no provision for an Investor Compensation Scheme. Read T & Cs.
Please confirm , that the decision was made independently at your own exclusive initiative and that no solicitation or recommendation has been made by FP Markets or any other entity within the group.