Tools
Free forex calculators and tools
Free forex calculators for position size, risk, margin, pip value, trading costs, swap and drawdown, plus a market hours clock. For learning and planning.
Each tool does one job: it takes the numbers you would otherwise work out on paper and shows the answer as you type, with the formula and a worked example underneath. Use them to plan a trade, check your broker's figures or understand a lesson. Every calculator keeps its inputs in the link, so you can copy it and come back to the same numbers.
Size and risk
Decide how much to trade before you place the order.
Margin and leverage
See how much of your account a position ties up, and what a pip is worth.
Costs
Put a number on what each trade costs and what it made or lost.
Timing
Know when the market is busy, quiet or closed, and when news is due.
Related tools
Choosing where to trade is part of the plan too.
These tools are for education. Prices and rates in them are illustrative, not live quotes, so type in the figures your platform shows before relying on a result. Trading with leverage carries a high risk of losing money quickly.