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Free forex trading calculators and tools

Eleven free calculators for forex and gold traders, built for MetaTrader 4 and 5. They run in your browser, need no account and convert results into your own account currency.

Position and risk

Size every trade to the risk you choose and see how losing streaks and drawdowns play out.

Costs and growth

Turn pips into money, see the margin and result of a trade, and how a balance grows over time.

Chart levels and market hours

Support, resistance and retracement levels from your chart, and which sessions are open right now.

Built for traders who use expert advisors

Most of these calculators answer the questions that come up when you set up an expert advisor: what lot size matches a 1% risk, how much margin a grid of positions needs, or how deep a drawdown a strategy can survive. Currency prices are filled in from the European Central Bank's daily reference rates, and you can type your broker's live price for exact figures.

New to automated trading? Start with our guide to what an expert advisor is, or browse all our trading guides.

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