Forex Calculator

Computation:

Example

Pip Value = 1 pip * Exchange rate (secondary currency/ account currency) * lot size

Example:

Trading 1 lot of EUR/USD with an account denominated in GBP
One pip = 0.0001
Exchange rate (USD/GBP) = 0.6548
1 lot = 100 000
Pip Value = 0.0001 * 0.6548 * 100000 = 6.548
Each pip costs of £6.55

Margin Required = lot size/ Leverage * Exchange rate (base currency / account currency)

Example:

Trading 1 lot of EUR/USD using 1:2000 Leverage with an account denominated in GBP.
1 lot = 100 000
Exchange rate (EUR/GBP) = 0.7369
Leverage = 200
Margin Required = 100000 / 200 * 0.7369 = 368.45
Margin Required is £368.45

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