Forex Calculators 3.1.8

FX Core – Freeware – Android
out of 2571 votes

Master Your Trading with Forex Calculators by FX Core

Elena Angelini

12/24/2024

Forex Calculators by FX Core offers a suite of essential tools designed to enhance your trading strategy and improve your decision-making process in the forex market.

Essential Calculators for Forex Traders

Position Size Calculator
Stop Loss & Take Profit Calculator
Risk Reward Calculator
Margin Calculator
Pip Value Calculator
Fibonacci Calculator
Pivot Points Calculator
Profit/Loss Calculator
Compound Profit Calculator

Risk management is considered one of the most important skills in Forex trading. Forex Calculators provide the necessary tools to develop risk management skills for Forex traders.

Proper position sizing is key to managing risk in Forex trading. The Position Size Calculator helps calculate the amount of units/lots to be traded based on risk percentage/amount and stop loss pips/price.

The Stop Loss & Take Profit Calculator assists in calculating appropriate stop loss and take profit prices based on position size, risk amount/pips, and risk reward ratio.

The Pip Value Calculator helps calculate the value of a single pip in the account currency based on position size and pip amount.

The Margin Calculator helps calculate margin requirements for a trade position based on position size and account leverage.

The Fibonacci Calculator aids in calculating key levels of Fibonacci retracement and Fibonacci extensions using high and low price inputs.

The Pivot Point Calculator helps calculate support and resistance levels based on various Pivot Point calculation methods.

The Compound Profit Calculator calculates potential returns on profitable trades over a set period of time.

All Forex calculations are based on near real-time market prices. There is also a custom price option available if you prefer to use your own price for calculations.

The Forex Calculators include most commonly traded Currency Pairs, as well as Indices, Commodities, and Cryptocurrencies.

Use these tools to plan your trades and always trade with a plan. This will greatly benefit you as a Forex trader.

If you have any questions or feedback, please feel free to leave a comment or contact me via email.

Overview

Forex Calculators is a Freeware software in the category Business developed by FX Core.

The latest version of Forex Calculators is 3.1.8, released on 03/03/2024. It was initially added to our database on 01/09/2024.

Forex Calculators runs on the following operating systems: Android.

Users of Forex Calculators gave it a rating of 4 out of 5 stars.

Pros

Provides a variety of forex calculators such as position size calculator, pip value calculator, risk calculator, and more.
Helps traders easily calculate important metrics for their trades, saving time and effort.
Offers a user-friendly interface that is easy to navigate and use.
Available 24/7 to assist traders with quick calculations whenever needed.

Cons

May not offer as many advanced features as other premium forex calculator tools in the market.
Could benefit from more customization options to cater to individual trader preferences.
Limited compatibility with certain trading platforms or software applications.

FAQ

What are Forex Calculators?

Forex Calculators are tools that help traders in the foreign exchange market to perform various calculations such as position size, pip value, margin requirements, and profit/loss estimations.

How do I use the Forex Calculators?

You can use the Forex Calculators by entering the required inputs into the calculator on the FX Core website or app, and then it will provide you with the calculated results.

Are the Forex Calculators free to use?

Yes, the Forex Calculators provided by FX Core are free to use for all traders.

Do I need to create an account to access the Forex Calculators?

No, you do not need to create an account. The Forex Calculators are accessible to all users without any registration.

What types of calculators are available?

FX Core offers several types of calculators including position size calculator, pip value calculator, margin calculator, and profit/loss calculator.

Can I use these calculators on my mobile device?

Yes, FX Core's Forex Calculators are responsive and can be used on any mobile device with an internet connection.

Are the calculators updated in real time?

Yes, the calculators take into account current market rates to provide accurate calculations.

Is there a tutorial available for using these calculators?

Yes, FX Core provides tutorials and guides on their website to help users understand how to effectively use each calculator.

Can I save my calculations for later reference?

Currently, the Forex Calculators do not have a feature to save calculations; you will need to record your results manually.

Are the results guaranteed to be accurate?

While FX Core strives for accuracy, results may vary based on market conditions. It's always advisable to double-check calculations.

Elena Angelini

I'm Elena, your go-to software reviewer at UpdateStar and tech enthusiast. Whether you're a user seeking the latest software titles or software news I've got you covered. When I'm not diving into the latest software, you can find me exploring nature trails, camping under the stars, or competing in online multiplayer games. My reviews are designed to be fun, engaging, and packed with all the details you need to make informed decisions.

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