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Home » Forex Software and Trading Tools » Forex Calculators

Forex Calculators

Forex Calculators generally perform several very complex calculations. They might calculate risk, profit, pips, currency rates, margin, interest, or any of a number of other pertinent figures.

Top Forex Calculators Tools

Review of XE Personal Currency Assistant

8

This is an online currency converter tool. It helps currency conversion between 178 currencies and comes quite handy.

AC-Markets Forex Trading Tool Currency Converter

7

Currency converter by AC-Markets is easy to use, customizable and makes a great addition to any website looking to do any sort of international business.

Forex Calculators Rating:
7

Calculate Arbitrage Opportunities in the Forex Market with this Calculator

Forex Arbitrage Calculator determines risk free arbitrage opportunities on forex cross rates. Forex Arbitrage is an arbitrage among real rates and synthetic cross rates in different local markets. It is available for Windows OS, PocketPC OS (ARM, MIPS, SH3) and Palm OS

Forex Calculators Rating:
7

FXTSP Pivot Point Calculator Reviewed

Simple pivot point calculator by FXTSP shows traders three sets of support and resistance lines based on pivot point calculation. All the trader needs to do is enter the high low and close price for the currency pair they are looking at.

Forex Calculators Rating:
7

Oanda FXTrade Margin Call Calculator Review

This Forex tool is used to get a rough estimate of the hypothetical exchange rate that would cause a margin call for a specific trade, and its corresponding loss. This tool is intended for rough estimates only, and cannot be used to predict margin calls with accuracy.

Forex Calculators Rating:
7

Review of Earn Forex Fibonacci Line Calculator

Calculate your own Fibonacci lines for your forex trading strategy. With this simple to use currency trading tool you can determine Fibonacci retracements just by entering the high and low of a currency pair.

Forex Calculators Rating:
7

Review of FXTSP Tool To Calculate Fibonacci Retracements

Great, simple Fibonacci line calculator provides retracement lines by simply entering the low end and high end of a trading range. This is easy to use and shows both bull retracements and bear retracements.

Forex Calculators Rating:
7

Review of MyForexEdge.com Position Allotment Calculator

This Forex calculator can be used by the traders to optimize their trading ability and amplify the growth. The Holy - Grail facility helps master the reward/risk aspect of the trading business. It also has got an improved money management feature.

Forex Calculators Rating:
7

Review of Oanda Interest Rollover Calculator

This Forex tool is used by the traders to find out how much interest they would pay or earn while holding a currency position over a period of time. It calculates the interest value for the primary currency as selected.

Forex Calculators Rating:
7

Risk Probability Calculator by FXStreet Reviewed

This Forex calculator is used to check the risk probability ratio for better trading. It works hand in hand with the Fibonacci retracement levels. This tool requires a lot of hands on practice to master.

Forex Calculators Rating:
7

Spread Cost Calculator by Oanda FXTrade Reviewed

This Forex tool is used to quantify and compare the impact spreads on various trade scenarios. This calculator has got some pre-populated scenarios, however can be used to explore custom made scenarios.

Forex Calculators Rating:
6

Display Currency Exchange Rates in Firefox with Forex Fox

Forex fox is a customizable firefox extension that displays currency exchange rates of your choice in your status bar

Forex Calculators Rating:
6

Forex Pivot Point Calculator by Forex Broker Capitalor

This a freeware which can be used for calculating Pivot Points for foreign exchange FOREX. Useful for calculating how far the currencies would go in one direction, before venturing the other direction.

Forex Calculators Rating:
6

Review of EarnForex Forex Pivot Point Calculator

Pivot Point Calculator lets you calculate several types of pivot points, from Floor pivot points to Woodie's pivot points to Camarilla pivot points and DeMarks pivot points all at the same time just by entered the high, low, open and current prices on the forex pair you are looking at. This is easy to use and lets you see several different variations

Forex Calculators Rating:
6

Review of Financial Calculator Trader 2.56

This is a finance calculator for Forex. The tool has a simple interface which can be used to calculate quantity of lots, size of leverage, profit, loss, open position, stop loss, take profit and more. Try this compact and powerful program.

Forex Calculators Rating:
6

Review of FuturesTrac Custom Derivatives Tool

This Forex Trading tool has the ability to track the different trading times, schedules and contract months of the most actively traded futures on the major U.S. derivative exchanges. It also has the feature to quickly display trading information for any number of contracts in an easy to understand visual format.

Forex Calculators Rating:
6

Review of FXStreet Pip Value Calculator

This is a useful tool that calculates USD pip value for all major currencies on the same screen at just a single click.
Forex Calculators Rating:
6

Review of Money Management Calculator by GoForex

Great forex money management calculator to help traders determine proper risk management strategy. All you need to do is enter position size, how much risk you are willing to take, currency pair and stop. Definitely check this forex tool out.

Forex Calculators Rating:
6

Review of Oanda FXTrade Margin Calculator

This tool displays the amount of margin (in US$) you have utilized for a position. You need to enter the currency pair, position size and margin ratio to calculate.
Forex Calculators Rating:
5

Earn Forex Pip Value Calculator Reviewed

Calculating the value of a pip in the currency market is simple with the tool. Forex pips values vary depending on the currency pair and this tool takes that into account. All you need to enter is the currency your account is denominated in, the currency pair you are trading and the position size. This is great for new traders.

Forex Calculators Rating:
5

FXTrade and Oanda Units Available Calculator Reviewed

This Forex tool is used to calculate the maximum number of units of a currency pair that can be traded with the available margin. It uses the formula - Margin Available * (margin ratio) / ({BASE}/{HOME Currency} Exchange Rate), to do so.

Forex Calculators Rating:
5

Review of Forex Pip Calculator by Market Traders Institute MTI

MTI Forex Pip Calculator
Currency trading pip calculator by MTI (Market Traders Institute) is a simple way to calculate the value of a pip. Just choose the currency pair, ask price and volume.

Forex Calculators Rating:
5

Review of Market Traders Institute MTI Forex Profit Calculator

Determines potential profits when trading forex with this simple calculator. Designed so traders aren't surprised by trading results.

Forex Calculators Rating:
4

Review of Forex Trade Calculator by MiraSoftware

This simple tool is used to calculate profit / loss of open position after comparing them with real time quotes.

Forex Calculators Rating:
4

Review of Table PC Currency Converter

This is a free currency calculator for only the tablet pc's. It comes handy in the currency conversion between 36 different currencies. It provides automatic currency updates via internet.

Forex Calculators Rating:
3

World Clock by Forextips.com Reviewed

This tool helps a trader look at the various time zones across the world, to check for the market availability.