1. Margin Calculator
Calculates the amount required to be held as margin to open a position based on contract size, leverage, and account type. No trader can open a position without knowing the required margin in advance. It is the most widely used tool on brokerage sites.
Inputs: Contract size, leverage, account type, currency pair.
Output: Required margin in the account currency.
2. Pip Calculator
Calculates the actual monetary value of each pip in the trader’s account currency. This tool is essential for risk management because it helps the trader know how much they will profit or lose with each price movement.
Inputs: Currency pair, trade size (lots), account currency.
Output: Value of one pip in the account currency.
3. Profit/Loss Calculator
Enables the trader to estimate the outcome of a trade before executing it. Enter the opening price, expected closing price, and trade direction, and it gives the expected profit or loss. An indispensable planning tool.
Inputs: Opening price, closing price, trade direction (buy/sell), position size.
Output: Profit or loss in the account currency.
4. Position Size Calculator
Calculates the optimal position size based on the risk percentage the trader sets from their capital. This tool is the most requested by professional traders because it is the core of sound risk management.
Inputs: Account balance, risk percentage (%), stop loss distance in pips, currency pair.
Outputs: Appropriate lot size.
5. Risk Calculator
Calculates the risk-to-reward ratio for each trade and determines the actual amount exposed to loss compared to the expected profit. It helps the trader make informed decisions and avoid entering trades that are not worth the risk.
Inputs: Account balance, entry price, stop loss, take profit, lot size.
Outputs: Risk-to-reward ratio, amount exposed to loss, expected profit, risk percentage of capital (%).
6. Trading Hours
Displays the opening and closing times of various markets (Forex, Stocks, Commodities, Indices, Cryptocurrencies) in the trader’s local time. A practical daily reference every trader needs to know periods of high liquidity and session overlaps.
Information displayed: Market / Instrument name, opening time, closing time, market status (open/closed), local time.