At CompareForexBrokers, we provide essential forex calculators to enhance your trading decisions. Our tools, including Profit, Lot Size, Trading Cost, and Spread Betting Calculators, are designed for precision and ease of use, utilising real-time market data for accuracy. Whether managing the high risk of CFD trading or comparing online broker fees, our calculators support diverse trading strategies with up-to-date information, helping you navigate the forex market confidently.
Our forex profit calculator determines potential profit in pip value and trading account base currency, factoring in currency pair, open price, close price, and trade size.
Our lot size calculator helps manage risk by calculating position size in units, standard, mini, micro, and nano lots, factoring in trading strategy details such as risk ratio and stop loss orders.
Our forex pip calculator helps traders determine the value of a pip in their deposit currency for better risk management and trading decisions.
Use our trading fee calculator to compare spreads and commission fees on major forex pairs for different trading account types offered by the best forex brokers worldwide.
Efficiently calculates margin requirements of a forex trade, taking into account base currency, leverage, trade size, and the currency pair being traded.
Our UK spread betting calculator determines potential profit or loss using bet size, price movement, and broker spread, while also calculating the required margin.
Forex Trading Tools
As well as our calculators, we offer various trading tools like the Forex Market Time Zone Converter which show the major trading sessions in New York, London, Sydney, and Tokyo, as well as global trading volumes.
Comprehensive Range of Trading Calculators and Tools
Our forex calculators provide you with the trading tools needed to navigate the forex market effectively. They help in calculating potential profits and losses, understanding trading hours, comparing broker fees, and managing risks. Our suite includes calculators for profit, lot size, trading costs, and spread betting, all designed for accuracy and ease of use with real-time market data.
We’ve made tools like the forex profit and trading cost calculators adaptable, allowing you to choose from popular account currencies like the US dollar, Australian dollar, Euro, and Great British pound. This flexibility helps you accurately calculate potential profits, manage risks, and work out trading costs for key forex markets such as AUD/USD, EUR/USD, GBP/USD, and others.
Our calculators are built in-house by our team to support various trading strategies, providing you with the latest information for making informed decisions, whether you’re spread betting profits or comparing online broker fees.
User-Friendly and Accurate
All our calculators are designed with user-friendliness in mind. They are intuitive and easy to use, ensuring that even those new to forex trading can easily navigate them. Accuracy is paramount in trading, and our calculators use real-time market data to provide precise calculations. This real-time data ensures you make decisions based on current market scenarios. For an in-depth understanding of how we ensure the accuracy of our website, please refer to Our Methodology in 2024.
Tailored for Diverse Trading Strategies
Whether you are a day trader, swing trader, or long-term investor, our calculators are versatile enough to suit various trading strategies. They help fine-tune your trading approach, be it managing risks, understanding market movements, or planning your investments. Our tools are designed to add value to your trading strategy, regardless of your experience level.
Continuous Improvement and Updates
At CompareForexBrokers, we prioritise the accuracy and relevance of our forex calculators, continuously updating them to reflect the latest market conditions. By integrating real-time data, we ensure our tools provide the most current information, essential for effective decision-making in the fast-paced forex market.
We value user feedback, using it to refine our calculators, making them more intuitive and tailored to the needs of all traders. Our aim is to support your trading strategy with precise, easy-to-use tools, helping you manage risks and understand market dynamics efficiently. In the future we intend to expand our range of trading tools to cover other financial instruments such as shares, indices, and cryptocurrencies, if you have any recommendations in the meantime, please contact us and let our team know.
Risk Warning
The information provided by our calculators, including spreads and fees, is subject to change by the broker. These calculators and trading tools are intended for educational and risk management purposes only. Please be aware that foreign exchange and derivative trading involves a high level of risk, always exercise caution and conduct thorough research before you start trading financial instruments.