Our Forex and CFD trading calculator helps you decide your trade’s specifics, before you take action. Among other things, you can now:
- estimate your trade’s profit or loss
- compare your results for different opening and closing rates
- calculate the required margin for your positions
- get details about pip value.
Glossary
Buy / Sell — These terms represent the two primary actions taken in trading. Buy: When a trader enters a buy position, they are purchasing a financial instrument with the expectation that its value will increase over time. This action is also known as "going long." Sell: Conversely, when a trader enters a sell position, they are selling a financial instrument with the anticipation that its value will decrease. This action is also referred to as "short selling" or "going short."
Commission — With an Admirals Trade.MT4 account, you don’t pay trading commissions on some selected instruments. Instead, the commission is inside our spread. With an Admirals Zero.MT4 account, you take advantage of spreads as low as 0 pips, plus a commission.
Contract size — Equivalent to the traded amount on the Forex or CFD market, which is calculated as a standard lot size multiplied with lot amount. The Forex standard lot size represents 100,000 units of the base currency. For CFDs and other instruments see details in the contract specification.
Instrument — Also referred to as "Symbol". The trading asset which you Buy or Sell.
Leverage — Leverage is a tool used in trading that allows investors to control a larger position in a financial market with a smaller amount of capital. It involves borrowing funds to amplify potential returns. For example, with a leverage of 1:30, a trader can control a position worth $30,000 with just $1,000 of their own capital. While leverage can magnify profits, it also increases the potential for losses, as losses are also amplified.Leverage is commonly used in trading forex, CFDs, and futures contracts, but it`s important for traders to understand its risks and use it responsibly.
Lot — Usual volume term in the Forex trading world (traders talk about a number of "lots" in Forex and usually a number "contracts" with CFDs).
- 1.00 refers to 1 standard lot or 100,000 units of the base currency.
- 0.10 refers to 1 mini lot or 10,000 units of the base currency.
- 0.01 refers to 1 micro lot or 1,000 units of the base currency.
NB! In case with CFDs, 1 lot = 1 CFD.
Margin — This is how much capital (margin) is needed in order to open and maintain your position.
Pip value — Pip stands for percentage in points and it is the most comment increment of currencies. For Forex instruments quoted to the 5th decimal point (e.g. GBPUSD – 1.32451) 1 pip is equal to a price increment of 0.00010; for Forex instruments quoted to the 3rd place following the decimal point (e.g. USDJPY – 101.522) 1 pip is equal to a price increment of 0.010. For indices 1 pip is equal to a price increment of 1.0, which is also called an Index Point. For other instruments 1 pip is equal to Tick Size.
Profit — Your profit or loss (marked with -) for a trading scenario you calculated.
SWAP / 3x SWAP — For Forex usual on Wednesday (midnight from Wednesday to Thursday, 23:59 server time) triple swap is charged because it accounts three days at once: Wednesday, Saturday and Sunday. Some instruments (GERMANY40 and others) charge 3 times Swap on Friday; For further details on individual instrument please see our "contract details".
Tick — The smallest quote change for an instrument, for example 0,00001 for EUR/USD rolling Forex and 0,1 points for GERMANY40 index CFD
Time — Swap is charged within the interval between 23:59:30 to 23:59:59 at the time of trading server.
CP — "Close price" for the certain session is involved in the SWAP calculation for stocks.
Disclaimer
Calculation`s made in the trading calculator are for informational purposes only. Whilst every effort is made to ensure the accuracy of this information, you should not rely upon it as being complete or up to date. Furthermore this information may be subject to change at any time.