Trading Calculator
Aron Broker's Trading calculator is a valuable resource for traders of all levels, from beginners to professionals. The calculator can be used to determine the pip value for any trading symbol in any of the deposit currencies that Aron Broker offers. It can also be used to calculate the required margin for any trade position, as well as the commissions that will be charged for that position. The calculator is a simple and easy-to-use tool that can help traders make informed decisions about their trading strategies.
| Account | Symbol | Leverage | Pip Value (USD) | Margin Long (USD) | Margin Short (USD) | Commission Long (USD) | Commission Short (USD) |
|---|
What is Pip Value?
A pip in forex is the smallest price change a currency pair can make, except for fractions of a pip called pipettes. For most currency pairs, 1 pip is equal to 0.0001. For currency pairs with the Japanese yen, such as USD/JPY, 1 pip is equal to 0.01. When trading metals, 1 pip for gold and silver is equal to 0.01. For example, if the EUR/USD moves from 1.0925 to 1.0926, the change is 1 pip. With 5-digit pricing, if the EUR/USD moves from 1.09255 to 1.09260, the move would be half a pip.
To use the pip calculator, first select the Account Type and also symbol you want to trade. Next, enter the trade size. For forex pairs, 1 lot is equal to 100,000 units. However, you can also trade smaller sizes, such as 0.10 mini-lots, which is equal to 10,000 units. Then, select your Deposit Currency. This is the currency in which your trading account is denominated. Finally You should enter the Trade Size in Lots. Once you have entered all of the information, click the "Calculate" button. The pip calculator will then display the current pip value for the selected symbol in your deposit currency.
What is Margin?
Margin is the amount of money that a trader must deposit with their broker to open a new position. It is not a fee or cost, and it is returned to the trader once the position is closed. Margin serves to protect the broker from losses. If a trader's losses cause their margin to fall below a predefined stop-out percentage, the broker may automatically close one or all of their open positions.
The required margin for a trade position can be calculated using the Trading calculator. This calculator takes into account the size of the position, the volatility of the underlying asset, and the broker's margin requirements.
What is a Commission?
Commission is a fee that a broker charges for executing trades on behalf of a trader. It is usually calculated as a percentage of the trade value, and it can vary depending on the symbol, account type, volume of position, and currency pair traded.
Brokers charge commissions to cover their costs and make a profit. Traders should consider the commission fees when opening a position and factor them into their trading strategy. Aron Broker offers many commission-free ways for traders to trade. For the accounts that do have commissions, the fees are among the lowest in the industry You can check all these facts on the Trading Calculator.