Trading Calculators

Currency Converter – easily compare global currencies

Need to see the value of the Euro vs the US Dollar? Perhaps you’re curious about how far you can stretch the South African ZAR compared to the Japanese Yen. Our currency calculator can quickly check the rates of all globally traded currencies.

The currency converter is easy to use and rates are updated daily. Every forex trader needs this given the extreme volatility in global currencies.

1. 01Enter the currency amount
2. 02Set your preferred currency
3. 03Set the currency you wish to compare against
4. 04Read the result – it updates as you type

Fibonacci Calculator

Fibonacci levels are a popular metric in trading as they can help determine potential support and resistance levels. Many advanced traders also use them to determine favourable entry and exit points.

Enter a high and low value to calculate the Fibonacci levels using our free calculator.

1. 01Select Uptrend or Downtrend
2. 02Enter the High and Low values
3. 03Read the retracement and extension levels

Pivot Point Calculator

Pivot points can be used in identifying reversal or breakout areas. You can calculate significant daily, weekly and monthly support and resistance levels with the help of our pivot point calculator.

Pivot points are especially useful for short-term traders who are looking to take advantage of small price movements in the market. As with normal support and resistance levels, traders can choose to trade the bounce or the break of these levels.

1. 01Select your pivot – Classic, Woodie, Camarilla or DeMark
2. 02Enter the High and Low prices
3. 03Enter the Open and Close prices
4. 04Read the support and resistance levels

CFD Profit/Loss Calculator

Want to trade an asset at a lower cost and higher leverage? You should consider Contract for Difference (CFD) trading. CFDs enable traders to speculate on the price movements of various assets without owning them.

You can profit regardless of whether an asset’s value increases or decreases, and leverage can increase your profit potential – remember it magnifies losses too. Use our Profit/Loss calculator to determine the outcome of a potential trade.

1. 01Select Buy/Long or Sell/Short
2. 02Choose the instrument, then enter your open price and number of lots
3. 03Enter your Stop Loss and Take Profit levels
4. 04Read your maximum loss and maximum profit

Stop Loss/Take Profit Levels Calculator

Want to find out how much you stand to gain from a trade? Tell our Stop Loss/Take Profit calculator how much you’re prepared to risk and how much you aim to gain, and it shows exactly where your Stop Loss and Take Profit levels need to be.

1. 01Select Buy or Sell
2. 02Choose the instrument, then enter your open price and number of lots
3. 03Enter the amount you’re willing to risk and the amount you aim to gain
4. 04Read your Stop Loss and Take Profit levels

Margin Calculator

When trading, you are only required to put up a small amount of capital to open and maintain a new position. This capital is called the margin.

For example, if you want to buy $1,000 worth of EUR/USD, you don’t need to put up the full amount to trade. You only need to put up a percentage of it, depending on your leverage and the conditions set by your broker. Think of margin as a deposit/collateral needed to open a position.

1. 01Choose your account currency
2. 02Select the instrument you wish to trade
3. 03Enter your volume in lots
4. 04Choose your leverage – the price is filled in for you, and you can change it

Pip Value Calculator

A pip is the standard unit for measuring how much an exchange rate has moved – 0.0001 for most currency pairs and 0.01 for pairs quoted in Japanese yen. Indices and crypto move in points instead.

Knowing what one pip is worth in your account currency tells you how much each move in price means for your position, and helps you set stop losses that fit your budget.

1. 01Select the instrument
2. 02Enter your trade size in lots
3. 03Choose your account currency
4. 04Read the value of one pip, and of bigger moves

Position Size Calculator

Position sizing is how traders decide how big a trade to open. Choose how much of your account you’re prepared to lose if the trade reaches its stop loss, and the calculator works out the trade size that keeps it within that limit.

It works with any instrument and account currency, and rounds down to the nearest 0.01 lot so the amount at risk stays within your limit.

1. 01Enter your account balance
2. 02Set the percentage of your balance you’re willing to risk
3. 03Enter your stop loss distance in pips
4. 04Select the instrument and read the position size