Free Tools

Free Forex Calculators

Essential trading tools for Filipino forex traders. No registration required — all calculations run instantly in your browser.

Pip Value Calculator

Pip value (per pip):$0.9259
Total for 10 pips:$9.26

Position Size Calculator

Risk amount:$5.00
Position size (lots):0.0250
Position size (micro lots):2.50

Margin Calculator

Position size (notional):$108,000
Required margin:$1080.00

Swap / Overnight Fee Calculator

Approximate rates — actual swap varies by broker

Rates for EUR/USD: Long -6.5 pips/lot/day · Short +0.5 pips/lot/day
Swap per day:$-6.5000
Total for 1 day:$-6.50

This is a cost deducted from your account each day the position is held overnight.

How to Use These Calculators

Pip Value Calculator

Use this calculator to find out how much money each pip movement is worth in your trade. Select your currency pair, choose your lot size, enter the number of pips you expect to gain or lose, and the calculator will show you the exact dollar value. This helps you understand the financial impact of price movements before entering a trade.

Position Size Calculator

This is the most important tool for risk management. Enter your account balance, the percentage you want to risk (recommended: 1–2%), your stop loss distance in pips, and the pip value per standard lot. The calculator tells you exactly how many lots to trade so that if your stop loss is hit, you lose only your defined risk amount — never more.

Example: $500 account, 1% risk ($5), 20-pip stop loss, $10/pip value = trade 0.025 lots (2.5 micro lots). If stopped out, you lose exactly $5.

Margin Calculator

Shows how much of your account balance is reserved as collateral to open a trade. Enter the currency pair, your entry price, lot size, and leverage. The calculator shows the notional trade value and the exact margin required. Knowing this helps you avoid margin calls by ensuring you always have enough free margin.

Swap / Overnight Fee Calculator

Swap fees are charged (or credited) when you hold a position overnight. Select your pair, direction (long/short), lot size, and how many nights you plan to hold. Swing traders who hold positions for days or weeks should always factor in swap costs — they can significantly erode profits on tight-margin trades.

Tip: On some pairs like USD/JPY (long), you can actually earn a positive swap credit. This "carry trade" strategy is used by professionals to profit from interest rate differentials.