Trading calculator

A handy and simple tool, the Exness trading calculator helps you to indicatively calculate the basics of your trading position, which include margin, spread cost, commission, swap short, swap long, and pip value. This all-in-one trading calculator is particularly useful when you wish to estimate the above values for positions or orders on various instrument types.

There are currently 6 values in your chosen account currency that will be shown by the trading calculator:

• Margin - This is the required capital, or balance, that is needed to open a position.

• Spread cost - It is the amount that you pay when you open a position. The spread cost calculated here is based on the average spread of the previous trading day. As the spread changes dynamically, depending on market conditions, the final spread cost can only be determined at the time the position is opened. Learn more about Exness spreads in the trading accounts section and on the webpages of the markets you wish to trade.³

• Commission - Commission is a fee charged for trading on Raw Spread and Zero accounts. It applies for each lot traded and for both opening and closing a position. The commission value you see in the calculation results is the total fee for both sides of a trade (open and close), which will be charged when opening the position. It’s worth noting that on the trading platform spreads are included in the calculation of the order’s profit and loss, while commission fees are shown as a separate cost for each order. Learn more about Exness commissions in the trading accounts section and on the webpages of the markets you wish to trade.

• Swap short and long - Swap is the interest applied to trading positions that are left open overnight, and can be long or short depending on the trade. Swap short is the rate for Sell positions while swap long is for Buy positions. As the swap changes dynamically, depending on market conditions, the final swap can only be determined at the time the position is considered to have remained open overnight. Learn more about Exness swaps in the trading accounts section and on the webpages of the markets you wish to trade.

• Pip value - This determines the value of 1 pip, which helps to calculate how much money a trader will earn, or lose, if the price of a trade were to move by a pip. The pip value is calculated in quote currency with the formula, Lots x Contract size x Pip Size.

All results are presented in the trader’s account’s currency. Depending on the instrument you are trading results may be translated using near real-time Exness’ exchange rates.

When using the trading calculator, leverage is grayed out for certain instruments as they have a preset leverage. In such instances the leverage is fixed, it cannot be changed and is not affected by the leverage in your trading account.

The trading calculator is designed to provide an estimate of the trading conditions for a given order, factoring in details such as account type, currency, trading instrument, volume in lots, and leverage. It uses near real-time data to produce results for margin, commission, swaps, and pip value. The calculator's spread cost is based on the average of the previous day, and real-time costs can only be determined at the time of order execution. Thus, while the calculator is a useful tool for planning and estimation, the above affects its accuracy and traders should be aware that actual trading results may vary.

Yes, the trading calculator allows for the accounting of different investment scenarios by considering variables such as account type, account currency, trading instrument, trading volume in lots, and leverage. It provides results based on near real time data, for calculations of margin, commission, swap short, swap long, and pip value. However, the calculator uses average values for spread costs, so the actual costs may differ when an order is executed in the market.

To calculate the pip value in trading, use the formula:

Pip value = Lots x Contract size x Pip Size.

To determine pip value, first, determine the pip size, which is typically 0.0001 for most currency pairs, but for pairs with the Japanese yen, it's 0.01. Once you have determined the pip size, multiply it with the lot size and the contract size.

The pip value indicates the worth of a one-pip move in a trade, assisting traders in understanding potential profit or loss from price movements. It is computed using the formula: Lots x Contract Size x Pip Size, and is expressed in the quote currency.

Long and short swaps refer to the interest that is applied to open trading positions held overnight. A long swap is the interest rate that applies to Buy positions, whereas a short swap applies to Sell positions. The actual rate of the swap can vary with market conditions and is only determined at the time when the position is deemed to have been held overnight.

A margin in trading is the amount of capital required by a trader to open a trading position, serving as a security deposit held by the broker during the duration of the trade.