Free Forex Calculators

Forex trading involves a lot of moving numbers — pip values that change with every currency pair, lot sizes that depend on your exact account balance and risk tolerance, margin requirements that shift with leverage, and overnight swap costs that quietly eat into positions held for days. Getting any of these wrong costs real money. These calculators handle the arithmetic so you don't have to.

The most important forex calculator for new traders is the Lot Size Calculator. Most beginner mistakes come from position sizing — either trading too large relative to a stop loss, or not knowing how to convert a pip-based stop into a dollar risk. Enter your account size, risk percentage, and stop in pips, and you get the exact lot size to trade.

Once you have sizing right, pip value matters. Pip value is not constant — it changes depending on the currency pair and the current exchange rate. For pairs quoted against USD like EUR/USD or GBP/USD, a standard lot is worth $10 per pip. For cross pairs like EUR/GBP, pip value in USD changes with the exchange rate. The Pip Value Calculator handles this for 15+ major pairs.

Traders who hold positions overnight also need to account for swap. Rollover charges accumulate fast on leveraged positions, especially in a high-rate environment. The Swap Calculator shows your daily cost so you can decide whether a multi-day trade is worth the carry.

Forex calculators

How forex math works

Forex positions are measured in lots. A standard lot is 100,000 units of the base currency. A mini lot is 10,000 units, and a micro lot is 1,000 units. When EUR/USD moves one pip (0.0001), a standard lot position changes in value by $10, a mini lot by $1, and a micro lot by $0.10.

Margin is the collateral your broker holds while a trade is open. At 100:1 leverage, a $100,000 position requires $1,000 in margin. At 50:1, that same position requires $2,000. High leverage magnifies both gains and losses, which is why risk-based position sizing matters more than margin minimums.

Pivot points are calculated from the previous session's high, low, and close. They identify likely support and resistance levels for the current session. Many institutional traders and market makers use pivots, which is why price often reacts at these levels even when there's no obvious chart pattern.

Common questions

Sponsored

TradingView— free charts for forex, crypto & stocks

Used by 60 million traders. Free plan available, no credit card needed.