Work out the value per pip in your base currency to accurately monitor your risk per trade.
Convert live exchange rates.
Calculate margin requirements needed to open and hold positions.
Calculate the interest rate between the two currency pairs on your open positions.
Evaluate projected profit or loss from any transaction that will be made in the forex market.
These tools allow you to calculate all the important parameters of your trade such as the pip value, contract size/trade size, swap, required margin and potential profit across a range of products. Streamline your trading process by knowing how to manage your positions. Save time and manage risk efficiently by concentrating on your trading instead of manual calculations. All you have to do is enter your account currency along with your relevant position details and see the final values in real-time.
When trading Forex and Metals which are are held open over a Wednesday night will incur a triple swap charge. Similarly, positions in Commodities and Indices that are held open over a Friday night will incur a triple swap charge.
EURTRY and USDTRY currency pairs have Margins which are Ten Times the Usual.
The value seen on Profit calculator on our website above is the total profit and loss of a position including swaps.
Standard Lot Sizes (1 lot) in Units:
Product Type | Standard Lot Size | Units |
---|---|---|
FOREX | 100,000 | Units of Base Currency |
GOLD | 100 | Oz |
SILVER | 5,000 | Grams |
WTI | 1,000 | Barrels |
Example Calculations:
300,000 units EURUSD with Account Leverage 1:200 and account currency EUR | Margin = 300,000 / 200 = 1,500 Euro |
---|---|
200,000 units USDCZK with Account Leverage 1:100, Account Currency SGD and USDSGD=1.36820 | Margin = (200,000 / 100) * 1.36820 = $2,736.40 SGD |
15,000 Units ( 3Lots) of XAGAUD with Account Leverage 1:500, Account Currency GBP and GBPAUD=1.86468 | Margin = (3 * 100,000 / 500) / 1.86468 = £321.77 |
3,000 Units (3 Lots) XBRUSD with Account Leverage 1:500, Account Currency SGD, price 71.21 (Product Leverage 1%) and USDSGD=1.36842 | Margin = (3,000 * 71.21 * 1%) *1.36842 = $2,923.36 SGD |
The value of a pip is calculated by multiplying the exchange rate by 1/10,000 or 0.0001. A trader interested in purchasing the USD/CAD pair, for instance, would acquire US dollars while simultaneously selling Canadian dollars. Although, it is good to know how to calculate pips. IVT Markets has taken all the hard work out of calculating pips and many other things with a free pip calculator.
The simplest explanation is that the purpose of a currency converter is to show people how the values of two currencies are related. The cost of transferring money from one currency to another is represented by the exchange rate.
Calculating the margin for a forex deal is straightforward. Simply multiply the trade's value by the margin percentage. Then, subtract the margin used on all trades from your account's remaining equity. The resulting value represents the remaining margin.
CFDs on Stocks and CFDs on Cryptocurrencies calculate swaps using the following formula: Lot multiplied by contract size multiplied by current price multiplied by long/short interest / 360.
Calculating profit and loss in a position is simple. To calculate the profit and loss on a trade, you will need the position's size and the number of pips moved. Profit or loss is calculated by multiplying the position size by the pip movement. IVT Markets have taken all the hard work out of making trading calculations using the free calculators on The IVT Markets Website.
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Investing in the stock markets carries risk: the value of investments can go up as well as down and you may receive back less than your original investment. Individual investors should make their own decisions or seek independent advice.
Risk Warning: Trading Forex and IVT carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and IVT may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Please read and ensure you fully understand our Risk Disclosure.
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