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The Howtotrade Forex Profit Calculator is an essential tool for anyone serious about forex trading.
Instantly estimate your profit & loss, compare open/close prices and adjust position sizes.
When trading forex, it’s important to always know where you stand financially. With this forex calculator, the process is simple! Follow the five steps below and you’ll instantly know your profit and loss.
One of the greatest dangers to forex retail investor accounts is poor money management. With our Forex Profit Calculator, understanding current P&L is fast and easy. Enter your trade’s parameters and you will know your potential assets and liabilities before you trade.
Harness our tools and analysis to make informed trading decisions.
You can use our Forex Compound Calculator and simulate the profits you might earn on your Forex trading account.
Use calculatorOur economic calendar showcases relevant events to help you trade these markets too.
View calendarOur Forex heat map includes real-time data and can help you determine the strongest and the weakest currencies on the Forex market right at this moment.
Use it nowUse our Value at Risk Calculator to estimate potential losses. This tool can help you make more informed investment decisions and ultimately help protect your hard-earned money.
Use calculatorUse our simple yet powerful Forex Lot Size Calculator to calculate the exact position size for each trade and manage your risk per trade like a pro.
Use calculatorThis free interactive currency strength meter is going to show you which currency pairs are strong and weak, in real-time.
Use it nowCalculate the swap fee you will be charged on your trading account for holding your positions overnight based on the instrument you are trading, your account currency, and trade size.
Use calculatorMonte Carlo Simulation is a computer simulation technique used to estimate the possible outcomes of your trades and estimate your trading strategies' viability.
Use this toolYou can use our Forex Compound Calculator and simulate the profits you might earn on your Forex trading account.
Use calculatorOur economic calendar showcases relevant events to help you trade these markets too.
View calendarOur Forex heat map includes real-time data and can help you determine the strongest and the weakest currencies on the Forex market right at this moment.
Use it nowUse our Value at Risk Calculator to estimate potential losses. This tool can help you make more informed investment decisions and ultimately help protect your hard-earned money.
Use calculatorUse our simple yet powerful Forex Lot Size Calculator to calculate the exact position size for each trade and manage your risk per trade like a pro.
Use calculatorThis free interactive currency strength meter is going to show you which currency pairs are strong and weak, in real-time.
Use it nowCalculate the swap fee you will be charged on your trading account for holding your positions overnight based on the instrument you are trading, your account currency, and trade size.
Use calculatorMonte Carlo Simulation is a computer simulation technique used to estimate the possible outcomes of your trades and estimate your trading strategies' viability.
Use this toolA trading calculator is an invaluable tool for the modern active trader.
Here are a few frequently asked questions about our Forex Profit Calculator.
Your account’s base currency is the denomination of your funds per the deposit. For instance, if you are based in the UK and your deposit currency is British pounds, the account base currency would be GBP.
Yes. Forex trading can be a high-risk environment. Having the ability to quickly calculate your liabilities when trading complex instruments is a major advantage. Our Forex Profit Calculator vastly reduces your chance of losing money rapidly in the live market.In fact, most regulated forex brokers recommend that their clients use trading calculators. To ensure legitimacy, be sure that your broker is regulated by an official body such as the Financial Sector Conduct Authority (FSCA) or Financial Services Authority (FSA).
At this time, the Forex Profit Calculator does not support trading CFDs. Only major, minor, cross, and exotic foreign exchange pairs are offered.
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Disclaimer: The information on the HowToTrade.com website and inside our Trading Room platform is intended for educational purposes and is not to be construed as investment advice. Trading the financial markets carries a high level of risk and may not be suitable for all investors. Before trading, you should carefully consider your investment objectives, experience, and risk appetite. Only trade with money you are prepared to lose. Like any investment, there is a possibility that you could sustain losses of some or all of your investment whilst trading. You should seek independent advice before trading if you have any doubts. Past performance in the markets is not a reliable indicator of future performance.
HowToTrade.com takes no responsibility for loss incurred as a result of the content provided inside our Trading Room. By signing up as a member you acknowledge that we are not providing financial advice and that you are making the decision on the trades you place in the markets. We have no knowledge of the level of money you are trading with or the level of risk you are taking with each trade.
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