Retail Forex broker FxPro today announces that it has updated its Pip Value Calculator, Swap Calculator and Margin Calculator, so that clients of the broker can use these tools to generate results for trading Forex, metals and energies quickly and easily.
In particular, traders can now use the three updated calculators when trading GOLD and SILVER, as well as BRENT, WTI and NAT.GAS, on top of the available currency pairs. Doing so can help traders more effectively manage risk and allows them to modify the details of their trading positions accordingly.
FxPro’s calculators can be used to complete a number of important trading calculations. Each of the individual calculators uses the latest FX rates and estimates can be made using numerous currency pairs. It is possible to change the values into one of the seven account currencies.
The Margin Calculator shows how much margin is needed to open a position, while the Profit Calculator shows the performance of previous trades, factoring in all the fees. Every calculator includes an explanation of how the calculations are made and allows the values to be adjusted depending on one’s needs.
There is also a calculator for the pip value of each position in a chosen currency, along with a currency converter and cTrader commission calculator.
You can find out more about FxPro’s calculators by visiting this page.