Our Forex and CFD trading calculator helps you decide your trade’s specifics, before you take action. Among other things, you can now:
estimate your trade’s profit or loss
compare your results for different opening and closing rates
calculate the required margin for your positions
get details about pip value.
Calculation example
Please note that the calculation below is only an example and may differ from actual calculations due to the differences which may occur in the contract specifications unique to each instrument.
Contract size = Lots * Contract size per Lot
2 Lots of EUR/USD: 2 * 100,000 EUR = 200,000 EUR
Pip value (Forex) = (1 Pip / Exchange rate of quote currency to USD) * Lot * Contract size per Lot
2 Lots of EUR/USD: (0,0001 / 1) * 2 * 100,000 EUR = 20 USD
Glossary
Buy / Sell — By trading Forex & CFDs you can participate on both sides of the markets rising and falling quotes. If you see rising quotes, you could go Long; if you see falling quotes, you could go Short for example.
Commission — With our Trade.MT4 account, you don`t pay trading commissions on most instruments. Instead, the broker`s compensation is inside our spread. With our Zero.MT4 account, you benefit from spreads as low as 0 pips, plus a commission.
Contract size — Equivalent to the traded amount on the Forex or CFD market, which is calculated as a standard lot size multiplied with lot amount. The Forex standard lot size represents 100,000 units of the base currency. For CFDs and other instruments see details in the contract specification.
Instrument — Also referred to as "Symbol". The trading asset which you Buy or Sell.
Leverage — The ratio of position`s notional value to the amount of margin required for opening a position (e.g. leverage 1:500 means that EUR 100,000 contract requires as low as 200 EUR margin). Change your personal leverage for Forex in our Trader`s Room; Note that for index CFDs the leverage is fixed and not changeable.
Lot — Usual volume term in the Forex trading world (traders talk about a number of "lots" in Forex and usually a number "contracts" with CFDs).
1.00 refers to 1 standard lot or 100,000 units of the base currency.
0.10 refers to 1 mini lot or 10,000 units of the base currency.
0.01 refers to 1 micro lot or 1,000 units of the base currency.
NB! In case with CFDs, 1 lot = 1 CFD.
Margin — This is how much capital (margin) is needed in order to open and maintain your position.
Pip value — Pip stands for percentage in points and it is the most comment increment of currencies. For Forex instruments quoted to the 5th decimal point (e.g. GBPUSD – 1.32451) 1 pip is equal to a price increment of 0.00010; for Forex instruments quoted to the 3rd place following the decimal point (e.g. USDJPY – 101.522) 1 pip is equal to a price increment of 0.010. For indices 1 pip is equal to a price increment of 1.0, which is also called an Index Point. For other instruments 1 pip is equal to Tick Size.
Profit — Your profit or loss (marked with -) for a trading scenario you calculated.
SWAP / 3x SWAP — For Forex usual on Wednesday (midnight from Wednesday to Thursday, 23:59 server time) triple swap is charged because it accounts three days at once: Wednesday, Saturday and Sunday. Some instruments (DAX40 and others) charge 3 times Swap on Friday; For further details on individual instrument please see our "contract details".
Tick — The smallest quote change for an instrument, for example 0,00001 for EUR/USD rolling Forex and 0,1 points for DAX40 index CFD
Time — Swap is charged within the interval between 23:59:30 to 23:59:59 at the time of trading server.
CP — "Close price" for the certain session is involved in the SWAP calculation for stocks.
Disclaimer
Calculation`s made in the trading calculator are for informational purposes only. Whilst every effort is made to ensure the accuracy of this information, you should not rely upon it as being complete or up to date. Furthermore this information may be subject to change at any time.
