Forex · FX · CFD

Forex information and calculators in one place

Pips, lots, spreads, margin, and leverage — plus market hours and order types. Read the idea, then run the number yourself.

Core terms

Core forex terms

Start with the unit of price, the unit of size, and the cost of holding a position.

Essential guides

Short pages that answer one search question, then point to the matching calculator.

  1. Pips and lots

    What is a pip in forex?

    How a pip is counted on most pairs and on JPY quotes.

  2. Pips and lots

    How pip value is calculated

    Quote-currency pip value first, then convert only if the account differs.

  3. Margin and risk

    What is margin?

    Required margin versus used and free margin.

  4. Margin and risk

    Leverage and margin

    The same position can be described as a ratio or as cash set aside.

  5. Costs

    What is the spread?

    Bid–ask as a trading cost, not a fee line on its own.

  6. Orders

    Market, limit, and stop orders

    When an order is meant to fill now, wait, or trigger.

Tools

Forex calculators

These pages do arithmetic from the inputs you provide. They are not a live rate feed.

Pip value calculator

Work out 1 pip in account currency from lot size, contract size, and your own conversion rate when needed.

Margin calculator

Work out required margin from lot size, leverage, and a base-to-account rate you enter when needed.

Sessions

When the forex market is open

Sydney, Tokyo, London, and New York overlap. Use this to read hours — not to guess the next tick.

Market hours and pairs

Brokers

Broker information

Read how account types and platforms are described, then confirm live terms on the official site.

Browse broker pages

More guides

Open a topic hub if you want the full cluster, not just the starter pages.

XM

Ready to trade with XM?

Review available markets, platforms and account options, then choose the setup that fits you.

Partner link · Availability and conditions vary by region.

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