Forex Calculators
Risk management consider to be one of the most important skills in Forex trading. Proper position sizing is the key to managing risk in a single trade. Position Size Calculator will help you find out the amount of units/lots to put on a single trade based on your risk amount/percentage and stop loss pips/price.
Stop Loss & Take Profit Calculator will help you determine the stop loss price from the input of position size, risk amount and the open price. Take profit price can be obtained from entering the risk reward ratio or inversely get risk reward ratio from a target price.
Margin & Pip Value Calculators will help you calculate margin requirements and pip value respectively according to the inputs of trade size, leverage and pip amount.
All Forex calculations are based on real time market price which includes most of the popular currency pairs plus gold and silver.
With above tools you are well equipped to trade Forex with a solid foundation.
If you have any suggestions please feel free to write in the comments or contact me through email.
Category : Finance
Reviews (30)
The app seems to have a bug, when selecting GBPJPY and calculate it keeps showing results for EURJPY instead. After answer, don't think it's the best experience for the user who gets confused.
Paid for the app but the adds won't go away. I restore the purchase, the app asks to restart it, but the adds still there. Doesn't matter how many times.
22nd Jan 2022 ... working well .... Oct 2021 There's a problem connecting to the server to download the rates the app doesn't work. Please please make it cache rates on the device so it still works at times its not able to connect to the server. Thanks so much
Overall. It's helpful. But the stop loss and take profit is error when using "risk money" method. I guess it's supposed to give you stop loss and take profit price based on risked money. Only the "risk pips" method works I think it would ne great if there's a "SL/TP method" this way you need risk money, lot size, TP per SL ratio to calculate entry price. I think it's usefull for pending order
The app was working but now it is showing a message "could not retrieve data" I think the developer is intentionally blocking the app. Please stop trying to trick people pay .
The calculator works great, but after I purchased the premium version to get rid of the ads, there where still ads and the premium didnt got unlocked.
EDIT: THE FEATURE IS ALREADY INCLUDED. If there was instructions I missed them. OLD: Some indices can vary from broker to broker. Nas100 doesn't match trading view size or my mt4 broker. An update to manually update individual pairs would be a great idea!
Good app but purchased premium version and still get adds... No adds, now. Had to uninstall and reinstall and now no adds.
This is somewhat confusing, EURAUD as a selected pair but is get AUDUSD as the result after calculating please fix this , the same with some other pairs like GBPNZD brings NZDUSD maybe I don't understand how the app works
All is working perfectly unlike most which are way too erro prone. so I will use it for 2 months before going premium.
The App seems good, but whenever i try to calculate my lot size, it says (could not retrieve data) how can i fix?
After pay the app, the remove AD function doesn't work. Thank you for your prompt reply.
Hi, the calculator for position size would be awesome if it could include commission per lot into the calculation
Really lovely app. Fast and responsive without too many intrusive ads. What I'd like though is if the results on the different calculators got displayed in decimals instead of whole numbers because this results in one buying the wrong amount of lots most of the time for a position.
It's a great app. I have always heard one needs to be good at math to trade forex but this app saves you the ordeal of calculating for lot sizes, take profits and much more. Making it the traders ultimate tool to make transfers as quickly as possible. It just needs a conversion from lots to contract size. However i fully recommend one to have this app as it gives you a competitive edge in trading
Wonderful app. And very helpful. It has improved my risk management by 70% if not 80%. Only problem it has is that they don't include indices/stocks. If it had that flexibility it would be at it's peak performance.
I love the app, its great. Makes everything easy. But i have a suggestion; you can add pip counter so that people can input a price range to get the amount of pips within the range for the pairs. Not everybody knows how to calculate pips amount. Please consider adding this feature. Thanks. Warm regards, Emma.
The app is really good. I only give 4 stars because sometimes the app takes to long to open due to the splash image (i guess this is how it's called. The image before the app opens) it was nice that we had some option to enable a fast open. The rest, it's amazing.
Not so happy. It is not accurate. When i choose my base currency ZAR and select my pair XAUUSD does it calculate huge lot sizes. When im stopped out it is not the calculated amount you are risking. The same with calculating the stop loss. You loose more than what the app calculates. If this is rectified will I edit this rating and review the star rating.
Excellent calculator, i give only 5 stars simply because this apps is good for me. I only have a small request to the developers to upgrade the app to include calculation of Indexes such as: NASDAQ, GER 30, UK 100 etc. Apart from that, nothing wrong with app so far, just asking for additions of Indexes.
This is a great app and it has helped me a lot in my trading. Great to finally have Crypto pairs on the app. All in all, a fantastic app. One request though, can we have INDICES like(US30, US100, GER30 etc). It will be nice to have the ability to calculate indices position sizes as well. Thank you!
Amazing app, perfect for quick position size. The fixed risk amount feature is so hard to find, most apps have to retype the balance every time which waste time. Love this app
Scammed I purchased the premium version of the app but they did not remove the ads!
This app has never open it keeps loading forever. Please help me rectify this issue
Great application. It assists me well with maintaining my risk per trade allowing me to free my mind while managing a profitable trade. With a demo account of $10000 I realised it is advisable to maintain a risk percentage per trade of >3.5% (less than 3.5%) to give room for the next signals in the other pairs or instruments that I am trading. Yet still to be decided is a timeframe I focus on that I will recognize signals from Great app!
Thank you for updating, but on Position Size I not see the Commission paramer windows.
Only problem is no idea how much it costs to buy and remove ads! You just have to click and hope for the best which I've not done yet!!! But beats the myfxbook calculator so I'd be happy to pay:-)
I have purchased the premium version but the ads still appears.
The app is great but it's missing synthetic indices which some of us trade..... If that's included in the next version I'll be really glad to come back here and hit the 5 stars ✨
Nice App, I paid for premium, but Ads still showing after app and phone reboot. Also, the master settings for account currency and leverage are used for the default starting screen. But not for the other screens.