The forex market can be overwhelming, but the right tools make all the difference. Having an accurate and reliable forex calculator can streamline your trading strategy, no matter if you’re calculating lot sizes, pip values, margin requirements, or swap fees.
At ITBFX, our all-in-one online Forex Calculator App helps traders of all levels make informed decisions by providing precise calculations for position sizing, risk management, and potential profits or losses. No more guesswork; just clear, actionable insights to enhance your trading efficiency. Try our free online calculators today and trade smarter with confidence.
Forex Swap Calculator
The Forex Swap Calculator App at ITBFX is used to calculate the swap (rollover) fee you pay or earn when holding a position overnight. Swaps are interest rate differentials between the two currencies in a forex pair, applied when a trade remains open past the daily rollover time (typically 5 PM EST).
The online ITBFX Swap Calculator App takes factors like your designated currency pair, trade size, position type (long or short), and account currency, as well as the pre-established swap rate into consideration. Its end results help you estimate your trading costs when holding positions overnight and allows better cost and risk management.
Forex Position Size Calculator
The ITBFX Position Size Calculator App helps you stay consistent with your risk management by determining your ideal trade size. It works based on your unique needs and preferences, taking factors such as your risk tolerance, account balance, and stop-loss level into account.
Our online Forex Position Size Calculator App analyzes a comprehensive range of data, including your trading symbol, base currency, account balance, stop loss, entry point, and risk ratio, to ensure proper risk management by calculating the number of lots to trade all while keeping potential losses within an acceptable range.
Forex PIP Calculator
Our online Forex Pip Calculator App can help you determine the value of a pip (percentage in point) for a specific trade. This is essential for managing risk and calculating potential profits or losses.
The ITBFX Forex PIP Calculator App only requires the name of the currency pair, the account’s base currency, and the number of pips you want to calculate. With these inputs, it can help you calculate your per-trade risk and prevent excessive risk by ensuring proper trade management.
Forex Margin Calculator
Our ITBFX Forex Margin Calculator App helps you determine the required margin (amount of money needed) to open a trade based on leverage, lot size, and currency pair. It ensures traders do not over-leverage their accounts.
By analyzing the following inputs, ITBFX’s online Forex Margin Calculator App can help you manage risk and leverage properly, avoid margin calls and stop-outs, and ensure you don’t overexpose your account: trading symbol, base currency, leverage, and trade size.
Forex Pivot Point Calculator
The ITBFX Forex Pivot Point Calculator App helps you determine key support and resistance levels based on the previous day’s price action. Pivot points are used to identify potential entry, exit, and reversal points in the market.
By taking advantage of the online Forex Pivot Point Calculator App at ITBFX, you can identify key support and resistance levels and set better stop-loss and take-profit levels. All you need to access the tool is your key inputs, the previous day’s open, close, high, and low prices.
Ready to Take the Next Step?
Try the all-in-one ITBFX Online Forex Calculator App today and manage your risk, costs, and ultimately trades, more efficiently
