Featured Forex Broker Reviews

  • Click Here
  • Click Here
  • FXCM Forex Capital Markets
  • dukascopy forex trading
  • ava fx
  • Vantage FX
  • www.Forex.com Gain Capital Markets
  • IBFX
  • etoro forex trading
  • Marketiva Forex Brokers
  • CMS Forex
  • forex club currency brokers
  • GFT Forex

Advertise with us

Money Management Calculator

Pros:

A good tool to find out the right risk management strategy. Simply input a few figures on the required fields and the tool will calculate the fixed contract size and determine the position you should take on your account. There is also an explaination about what the tool is about at the top of the page.

Cons:

A lot of figures need to be entered and the percentage chart can be a little confusing for those new to the forex market. A better explanation of the chart would be helpful.

Overview:

The Money Management Calculator is free to use on the Go Forex website and tries to explain to traders the logic behind the tool, but it can be a little confusing. Overall, the tool gives traders an idea of how much risk he or she is taking. To test the tool out, please visit this link.

Check out this tool