Free Trading Tools
Free tools to help you trade with discipline — start with the position-size calculator to define your risk before entering.
Position-size calculator
Find how large a position keeps your loss within your risk limit.
Estimate only. Verify pip value with your broker. Learn more: Risk management
All free tools
Pip Value Calculator for Forex and Gold
A free pip value calculator with the formula explained and worked examples for forex and g
Margin Calculator for Forex and Gold
A free required-margin calculator explaining the leverage–margin relationship with worked
Profit and Loss Calculator for Forex and Gold
A free profit/loss calculator between two prices, explaining the formula and the costs ded
Pre-Trade Checklist (Interactive & Printable)
An interactive 10-item checklist to run before every trade
Trading Quiz: 10 Questions to Test Your Fundamentals
An interactive 10-question quiz on pip value, margin, candlesticks, risk management and re
Position Size & Lot Calculator for Forex and Gold
A free position-size (lot) calculator from capital, risk percentage and stop distance
Risk/Reward Ratio Calculator
A risk/reward calculator from entry, stop and target
Pivot Point Calculator
A classic pivot point calculator: enter yesterday's high, low and close for the pivot plus
Fibonacci Retracement & Extension Calculator
A Fibonacci calculator: enter the swing high and low for retracement levels (23.6–78.6%) a
Live Forex Market Hours: Which Session Is Open in Your Timezone?
A live clock showing which forex session is open right now in your local time, with daylig
Strategy Viability Assistant: The Win Rate You Actually Need
A tool computing the break-even win rate after spread and commission, plus expectancy per
Trading Plan Builder: Write, Save and Print Your Plan
An interactive tool that builds a one-page written trading plan
When Does the Broker Close My Trade? Liquidation Distance Calculator
Calculate the exact price at which your broker issues a margin call and the price at which
Which Setup Is Cheaper? Full Trade Cost Comparison
Compare the full cost of two setups
How Many Losses Can Your Account Survive? Risk Survival Calculator
Compute what a run of consecutive losses leaves of your account at your risk percentage, w