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Forex Trading Toolkit
10 essential calculators and utilities designed for student forex traders. All calculations run locally in your browser.
Risk Calculator
Calculate position size and dollar risk for any trade setup
Trade Parameters
Results
Pip Value Calculator
Calculate the monetary value of a single pip across pairs and lot sizes
Inputs
Pip Value Breakdown
Quick Reference: Pip Value Per Standard Lot (USD)
Lot Size Calculator
Find the ideal lot size based on account, risk tolerance, and stop loss
Trade Setup
Recommended Position
Risk : Reward Visualizer
Visualize trade setups with entry, stop loss, and take profit levels
Trade Levels
Trade Visualization
Currency Correlation Matrix
Avoid stacking risk by spotting correlated pairs in your portfolio
30-Day Correlation Coefficients
Trading Journal
Log every trade, capture your reasoning, and track performance over time
New Trade Entry
| Date | Pair | Dir | Entry | Exit | Lots | P&L | R:R |
|---|
Margin Calculator
Calculate the margin required to open a position with your broker
Position Inputs
Margin Requirements
Profit & Loss Calculator
Instantly compute trade P&L in pips and your account currency
Trade Details
Trade Result
Economic Calendar Countdown
Track high-impact news with live countdown timers — know when not to trade
AVOID NEW POSITIONS within 30 min before/after high-impact releases — spreads widen and slippage increases.
Breakeven Calculator
Find your true breakeven after partial closes, swaps, and commission costs