Every professional trader relies on accurate calculators to make consistent, data-driven decisions. Trading Compass provides 14 free tools covering the full trading workflow — from calculating pip values and precise position sizes before you enter a trade, to analyzing equity curves, visualizing compounding growth, and checking global market hours. Whether you trade forex majors, exotic pairs, or futures contracts, our calculators are built for accuracy and ease of use. Calculate required margin, convert between 20 major currencies in real time, find Fibonacci retracement and extension levels, calculate pivot points using four methods, understand drawdown recovery mathematics, find the optimal lot size for any risk percentage, and model how consistent monthly gains compound into significant account growth. All tools are free, require no sign-up, and run directly in your browser.
Calculate the exact lot size for any trade based on your account balance, risk %, and stop loss distance.
Open Calculator →Analyze risk-reward ratios, maximum drawdown exposure, and optimize your overall risk parameters.
Open Calculator →Calculate required margin for any forex position based on lot size, leverage, and account currency.
Open Calculator →Calculate exactly how much gain is needed to recover from any drawdown and how long it takes.
Open Calculator →Simulate how your account grows over a series of trades based on win rate, R:R, and risk per trade.
Open Calculator →Find the minimum win rate needed to break even given your risk-reward ratio.
Open Calculator →Calculate the profit or loss in pips and account currency for any forex trade.
Open Calculator →See how your account grows month by month when you reinvest consistent percentage gains.
Open Calculator →A pip calculator helps forex traders determine the monetary value of a single pip movement for a given currency pair, lot size, and account currency. For most pairs, 1 pip = 0.0001. For a standard lot (100,000 units) of EUR/USD, 1 pip is worth approximately $10 USD. Knowing your pip value lets you accurately calculate risk and potential profit before entering a trade.
To calculate lot size: Lot Size = (Account Balance × Risk%) ÷ (Stop Loss in Pips × Pip Value per Lot). Example: with a $10,000 account, 1% risk ($100), a 20-pip stop, and a $10 pip value — $100 ÷ (20 × $10) = 0.5 lots. Our Position Size Calculator handles this automatically for forex pairs and futures contracts.
Margin is the collateral your broker requires to open and hold a leveraged position — not a fee, just a deposit. Required Margin = (Lot Size × Contract Size × Base Currency Price) ÷ Leverage. With 1:100 leverage and 1 standard lot of EUR/USD at 1.09, your required margin is approximately $1,090. Higher leverage reduces margin requirements but increases risk exposure.
Compounding means reinvesting profits so that gains generate additional gains over time. Starting with $10,000 and earning a consistent 3% per month, after 12 months you would have approximately $14,258 — a 42.6% total return. The formula is: Final Balance = Starting × (1 + Monthly Rate)^Months. Small, consistent gains compound into significant account growth. Use our Compounding Calculator to model your own scenarios.