Useful information about the moneyland.ch forex calculator:
- The forex calculator on moneyland.ch makes it easy to find the profits or losses of forex trades based on exchange rates with or without accounting for the costs of leverage financing and brokerage fees.
- More forex calculators: Forex position size calculator, forex stop-loss and take-profit calculator, pip calculator.
- You can find more trading calculators here. All moneyland.ch financial calculators are listed here.
- Find the unbiased Swiss forex broker comparison here.
- The first currency listed in a currency pair is known as the base currency. The second currency listed is the quote currency.
- Calculations are based on the assumption that the quote currency (the second currency in the currency pair) is the currency which denominates the brokerage account. For example, a U.S. dollar account is assumed for EURUSD currency pair calculations. Profits and losses, brokerage fees and charges and financial costs are calculated in the (assumed) currency denominating the account.
- Profits and losses, trading costs and interest on leverage financing vary depending on the broker used and the currency pair in question. The calculator applies a constant interest rate to the investment position size in the base currency (the first currency in a currency pair). The result is converted into the account-denominating currency at the final exchange rate simultaneously. Leverage financing interest is not applied to positions which are opened and closed within the same trading day.
- Brokers generally require the deposit of money into brokerage accounts (in the account-denominating currency) which acts as collateral against loans provided for leveraged trading. This collateral is known as the margin. Brokers normally indicate the margin as a percentage of the value of investment positions. This percentage rate can vary depending on the currency pair in question.
- A pip is a measurement used to indicate changes in the exchange rates of currency pairs. With most currency pairs, a pip indicates an amount equal to 0.0001 of a currency unit. You can find more information about pips here.
- Results are calculated using exact figures and then rounded to the second decimal.
