Trading Tools

LMFX is pleased to provide our selection of essential forex calculators to traders, enabling you to have comprehensive statistics on your trades. Using these tools, you can estimate profit and losses on your trades, evaluate margin requirements for secure trading and calculate the impact of taking specific positions with different sizes.

Our Calculators

Fibonacci Calculator

Enter the high and low to quickly calculate four basic Fibonacci support and resistance retracement values at 23.8%, 38.2%, 50% and 61.8%.

Pivot Points Calculator

Enter High, Low, Close and Current Open Price to calculate Floor, Woodie’s, Camarilla and DeMark’s pivot points and to predict support and resistance levels.

Position Size Calculator

Free Forex tool that lets you to calculate the size of the position in units and lots to accurately manage your risks. It works with all major currency pairs and crosses. It requires the minimum input values, but allows you to tune it finely to your specific needs. All you need to do is to fill the form below and press the Calculate button:

Account Currency:
Account Leverage:
Currency pair:
Position size, units:

Pip Value Calculator

To calculate pip value, simply enter your account currency, currency pair being traded and position size.

Risk and Reward Calculator

The risk and reward calculator will help you to calculate the position's best targets and their respective reward-to-risk ratios based on the Fibonacci retracements from the local peak and bottom. It's a powerful tool to determine the potential risks before entering any positions.

Fibonacci retracements (0.382 and 0.618) are calculated to form the entry, target and stop-loss levels. It's better to enter positions only if the current price (C) is close to 0.382 Fibonacci level.

Risk Percentage Calculator

To quickly determine your lot size, simply enter: account currency; currency pair; your account balance and the percentage that you are willing to risk; open price; and, stop loss price.

Multitarget Calculator

This calculator helps traders to plan what portion of their positions should be closed at certain target levels in order to gain the best possible Return to Risk Ratio. If a trader believes that a market will move relatively little, then it is better to emphasize Targets 1 and 2 when taking profits. However, if a trader believes that the market move has the potential to develop into a longer term trend, then the trader may want to close a larger portion of the trade at Target 3.