Currency Converter
Convert between currencies at a rate you set yourself, so historic and broker-specific rates work exactly.
Convert an amount between currencies
Work out pip value, position size, lot size, margin, swap and profit for currency pairs.
Currency trading has its own units. Prices move in pips, positions are sized in lots, and profit lands in the currency on the right-hand side of the pair rather than the one your account is denominated in. Getting from a stop-loss distance to a lot size means moving between all three.
These calculators handle that conversion explicitly. Each one shows the pip size it is using — 0.0001 for most pairs, 0.01 for anything quoted in Japanese yen — and asks for a conversion rate rather than fetching one, so the number you get back is based on the rate your broker is actually applying rather than a mid-market rate from somewhere else.
Costs are excluded unless a calculator says otherwise, because they are broker-specific and a guess at them would make the output less useful rather than more. The exception is the swap calculator, where the overnight financing cost is the entire point.
13 calculators in this category.
Convert between currencies at a rate you set yourself, so historic and broker-specific rates work exactly.
Convert an amount between currencies
Derive a cross rate from two quotes against a common currency, handling every combination of base and quote.
Calculate a currency cross rate
Calculate the interest earned or paid on a carry position, and how far the rate can move before it is wiped out.
Calculate carry trade interest
Convert between pips, points and price distance for any instrument, using your own broker's pip size.
Convert between pips and price
Find the price at which your broker warns you and the separate price at which it starts closing positions.
Calculate margin call and stop-out
Work out how many units or lots to trade so a stop-loss at your chosen price costs a fixed percentage of your account.
Calculate forex position size
Calculate what one pip is worth for a given position size, in the quote currency and in your account currency.
Calculate pip value
Convert a stop-loss distance in pips into standard, mini and micro lots for your account size and risk percentage.
Calculate forex lot size
Calculate the profit or loss on a forex trade in pips, in the quote currency and in your account currency.
Calculate forex profit or loss
Work out the margin a forex position requires at a given leverage, and what it leaves free in your account.
Calculate required margin
Calculate the effective leverage a position carries, the margin it uses, and the move that would wipe out your equity.
Calculate effective leverage
Calculate the overnight swap charged or credited on a forex position, including triple-swap days.
Calculate overnight swap
What one pip of gold is worth per lot, where a lot is 100 ounces and a pip is 0.01 — neither of which matches a currency pair.
Work out gold pip value
A good place to begin in this category.