The sums, before the trade.
Four calculators for the four questions worth answering before a position: what a pip is worth, what the trade ties up, how large it should be, and what it makes or loses. Each one shows its arithmetic underneath — a calculator you stop needing has taught you something.
Calculators
Free, no account needed, and none of them ask you for anything. The order below is the order the questions come up in.
01
Pip value calculator
A pip is the smallest ordinary move in a price. What it is worth in money depends on the pair, the size you trade and — for yen pairs — where the price happens to be. This works it out and shows you the sum.
02
Margin calculator
Margin is what your broker sets aside while a position is open. It is not what the position is worth, and it is not what you can lose — both of those are larger, and confusing them is how accounts disappear.
03
Position size calculator
Most people choose a size that feels right and find out afterwards what it risks. This does it the other way round — you say what you are willing to lose, and the size falls out of it. It is the single habit that separates accounts that survive a bad month from accounts that do not.
04
Profit and loss calculator
What a move is actually worth, before you take the trade rather than after. Enter where you would get in and out, and it gives you the money and the pips.
Market information
Market hours
Which sessions are dealing right now, when they overlap, and when spot FX closes for the weekend.
Economic calendar
Central bank decisions and the data releases that move these markets, with the date, the time in UTC and the official source.
Technical signals
Nine indicators on six instruments, recalculated hourly, with every vote shown and a week of our own readings behind it.
Reading about a spread and paying one are different
A demo account uses the same platform and the same live prices, with virtual funds. It costs nothing and never expires.