Free professional calculators for forex traders
Forex Trading Tools provides free, accurate calculators for forex traders worldwide. Our mission is to help traders manage position sizing and currency conversions without expensive software.
Pip Value Calculator: Quickly determine the monetary value of 1 pip for any major currency pair based on your lot size and account currency.
Currency Converter: Live exchange rates between major global currencies updated daily.
Proper position sizing is essential for risk management. Our pip calculator helps you know exactly how much you risk per trade before entering.
Exchange rates are provided by the Frankfurter API, which aggregates data from the European Central Bank and other official sources.
These tools are for educational and informational purposes only. Trading forex carries significant risk. Always consult with a licensed financial advisor.