FOREX TOOLS
Forex Calculators for Risk and Compound Growth
Use these practical calculators before placing a trade. Estimate take-profit, stop-loss and trailing-stop levels, position size, pip value, margin, risk-to-reward, drawdown recovery and compound growth with monthly deposits.
Plan the full trade
Use the expanded calculators for lot steps, commissions, financing and account-currency conversion.
Take-profit, stop-loss & trailing stop
Turn an entry price and your chosen percentages into clear trade levels. Enter a price manually or load an available reference quote.
Your price levels
Enter a positive entry price, then calculate to see your levels.
Take-profit price
Distance from entry
Stop-loss price
Distance from entry
Initial trailing stop
Distance from entry
Trailing stop at best price
Uses entry when best price is blank
Price-level overview
Relative price distancesYour entry and calculated levels will appear here.
These are calculated price levels. Execution prices may differ because of spreads, gaps or slippage.
How percentage stops work
Direction changes the levels
For a long trade, take-profit is above entry and stop-loss is below it. For a short trade, these directions reverse. The reward-to-risk ratio compares the take-profit distance with the initial stop-loss distance.
A trailing stop follows favourable movement
A percentage trailing stop sits below the best price for a long trade, or above it for a short trade. Enter a best price to preview that level. The stop does not move back when price moves against the trade.
Check the broker’s order units
Some platforms ask for points, pips or an absolute price distance instead of a percentage. A percentage distance is price × percentage ÷ 100. Convert that distance using the instrument’s point or pip size and check its minimum stop distance.
About the prices: TradingView quotes load when requested and may be delayed. Daily FX reference rates come from the European Central Bank. Cross rates are calculated from EUR reference rates; these are not executable live prices. Check the source date shown with a loaded rate.
MetaTrader trailing stops: Native MT4/MT5 trailing stops use a fixed distance in points and activate only after the trade moves into profit by that distance. This percentage simulation’s initial stop level does not indicate native activation, and this tool does not place orders. See the MetaTrader trailing-stop documentation.
Automatic formatting uses 5 decimal places for manual entry and 2 for indices and stocks. Display precision does not confirm an instrument’s tradable tick size; your broker’s specifications take precedence.
GROWTH OVER TIME
Compound Interest Calculator
See how your starting balance, monthly deposits and a constant monthly rate would add up over time.
Month-by-month breakdown
| Month | Opening balance | Deposit | Interest / return | Total contributed | Closing balance |
|---|
How the calculation works
With end-of-month deposits: closing balance = opening balance × (1 + monthly rate) + monthly deposit. With beginning-of-month deposits: closing balance = (opening balance + monthly deposit) × (1 + monthly rate). The rate is entered as a percentage and divided by 100 in the calculation.
The effective annual rate is (1 + monthly rate)12 − 1. At 1% per month this is approximately 12.68% per year. Calculations retain full precision; displayed amounts are rounded to two decimals, so rounding may cause a one-cent difference when adding displayed columns.
This is a fixed-rate mathematical scenario. Trading returns vary and may be negative; an expected average return does not reproduce the path of actual monthly returns. Taxes, fees, inflation, withdrawals and currency changes are excluded. Deposits are assumed to continue every month, including after losses. Nothing here represents a guaranteed return or a savings product offered by Trade-Forex.info.
RISK CONTROL
Position Size Calculator
Calculates the maximum trade size from your account risk and stop-loss distance.
Formula and use
Risk amount = balance × risk %. Standard lots = risk amount ÷ (stop pips × pip value per standard lot). Enter the pip value in your account currency; use the pip calculator below when the quote currency differs.
PRICE MOVEMENT
Pip Value Calculator
Estimates how much one pip is worth for your selected lot size.
Formula and use
Pip value = lots × contract size × pip size × conversion rate. Use the live conversion rate from the pair's quote currency to your account currency.
CAPITAL REQUIREMENT
Required Margin Calculator
Estimates the account equity reserved to open a leveraged forex position.
Formula and use
Required margin = lots × contract size × base-to-account rate ÷ leverage. A broker may apply different rates by instrument, client type or regulatory entity.
TRADE PLAN
Risk-to-Reward Calculator
Checks the distance to your stop and target before you enter a trade.
Formula and use
Risk/reward = target distance ÷ stop distance. For a buy, the stop must be below entry and the target above it; the relationships are reversed for a sell.
ACCOUNT RECOVERY
Drawdown Recovery Calculator
Shows why limiting losses matters: the percentage gain needed to recover is always greater than the percentage lost.
Formula and use
Required recovery = drawdown ÷ (100 − drawdown). The optional period estimate assumes the same positive return compounds each period and does not include further losses or costs.
Important assumptions
- A standard forex lot is commonly 100,000 units, but contract specifications can differ.
- One pip is commonly 0.0001; many JPY pairs use 0.01. Check the instrument specification.
- These estimates exclude spread, commission, swaps, slippage, minimum lot increments and broker-specific margin buffers.
- Keep a written risk limit and consider the total exposure of correlated positions.
Continue with our risk-management guide or learn how to evaluate a forex broker.
CALCULATOR INPUT CHECK
Before copying a pip value between calculators
The Position Size calculator needs the value of one pip for 1.00 standard lot, in your account currency. The Pip Value calculator returns the value for the volume you selected. These are only the same when that volume is 1.00 lot.
- Set the Pip Value calculator’s position size to 1.00 standard lot. This is a calculation reference, not an instruction to trade one lot.
- Enter the instrument’s actual contract size, pip size and quote-to-account conversion rate.
- Copy its account-currency value per pip into Position Size’s Pip value per standard lot field. Then enter your own balance, risk budget and stop distance.
Worked example: why the volume reference matters
Assume EUR/USD, a USD account, 100,000 units per standard lot and a 0.0001 pip. At 1.00 lot, one pip is 10 USD; at 0.10 lot, it is 1 USD.
With a hypothetical 10,000 USD balance, a 0.5% budget and a 25-pip stop, the pre-cost size is 50 ÷ (25 × 10) = 0.20 lots. Copying the 0.10-lot result of 1 USD into the per-standard-lot field would instead produce 2.00 lots. At the actual 10 USD per pip per standard lot, that position represents 500 USD of price loss over 25 pips, before costs.
The example checks units only. Spreads, commissions, financing, volume steps and slippage can increase the planned or actual loss. A stop does not guarantee the final execution price.
For costs and volume rounding, continue with the position-size calculator with trading costs. MetaQuotes explains how pip value depends on volume and account currency.
MARGIN INPUT CHECK
Check the margin currency before using the result
The Required Margin calculator needs a base-to-account conversion rate. For EUR/USD in a USD account, that means USD per EUR, even though the pair is already quoted in USD. The Pip Value calculator uses quote-to-account conversion instead.
Worked example: assume a conventional EUR/USD contract of 100,000 EUR per lot, a 0.10-lot position, leverage of 1:30 and margin calculated in EUR. With an illustrative rate of 1.08 USD per EUR, enter 1.08. The estimate is 0.10 × 100,000 × 1.08 ÷ 30 = 360 USD. In an EUR account, input 1 instead gives about 333.33 EUR. The rate is hypothetical; use the applicable current conversion and broker specifications.
Compare required margin, free margin and stop loss
- Required margin: the example position reserves an estimated 360 USD under this simple model.
- Free margin: in a separate account snapshot with equity of 2,000 USD and total used margin of 600 USD, free margin is 1,400 USD. If that 600 USD already includes the position’s 360 USD, do not subtract it again.
- Stop price loss: at this 0.10-lot size, a conventional EUR/USD pip is 1 USD in a USD account. A 25-pip entry-to-stop distance therefore represents 25 USD of price loss before costs. Spreads, commission, financing, gaps and slippage can increase the final loss.
These are different checks. Available margin does not establish a suitable loss budget or guarantee that a new order will be accepted.
Confirm the actual margin currency and calculation method in the symbol specification. Fixed or tiered requirements, extra margin factors, and existing or hedged positions can change the broker’s result. Check live equity, used margin, free margin and stop-out rules in the platform separately; this calculator does not read your account.
Both buttons open pages on this site: position sizing with costs, and a guide to checking broker conditions. Reviews may contain affiliate links. Check the affiliate disclosure and country/entity restrictions before applying to a provider.
Example added 23 October 2026. Sources: MetaQuotes: margin calculation and conversion; account equity, used margin and free margin.