Getting the trade size right is a crucial part of forex trading.
However, calculating the correct trade size can be difficult because of the huge number of forex pairs, each with varying pip values and margin requirements.
This App solves this complex problem using a powerful risk calculator.
Simply enter the desired percentage risk (e.g. 1% risk), and stop level in pips and the calculator will automatically calculate the trade lot size based on the currency pair, current currency rates, account balance and base currency.
A built-in trade simulator can be used to predict the impact of a trade on your account balance and available margin
See Video Demonstration: http://bit.ly/1p7sTb7
Features:
- Pip Value calculator
- Trade Simulator
- Risk Calculator
- 30+ Currency Pairs, Gold and Silver
- 7 Base Currencies
- Margin calculation
- Multiple leverages - forex and metals
- Calculates oz values for metals
- Customizable settings
- Reliable data-feed
- Plus more
Supports the following currency pairs:
EURUSD, GBPUSD, AUDUSD, USDJPY, USDCHF, USDCAD, EURAUD, EURCAD, EURCHF, EURGBP, EURJPY, GBPJPY, NZDJPY, AUDJPY, CADJPY, NZDUSD, XAUUSD, XAGUSD, GBPCHF, USDMXN, USDSGD, USDTRY, EURTRY, AUDCAD, AUDCHF, AUDNZD, CADCHF, CHFJPY, EURNZD, GBPAUD, GBPCAD, GBPNZD, USDCNH, USDNOK, NZDCAD, USDSEK, EURSEK, NZDCHF, USDZAR
Supports the following base currencies:
USD, EUR, GBP, JPY, AUD, CAD, CHF