Pip value
What is one pip worth on this trade, in your account currency?
Free, sign-in needed Built by IBFX
Forex tools
The calculations traders reach for most, with the formula written out on every page and a worked example. 17 of 17 tools are live; the ones marked "Coming soon" are still being built. Anyone can read the formula and the example; to enter your own numbers, sign in once and every tool opens.
Before you trade
The numbers to run before you place a trade, straight in your browser. Sign in to a free IBFX account to enter your own figures.
Position size by risk
How many lots can you trade if you risk only a set percentage of your balance with the stop loss you have chosen?
Free, sign-in needed Built by IBFX
Margin
How much margin does this trade tie up at your account leverage?
Free, sign-in needed Built by IBFX
Profit and loss percentage
What percentage of your account did that trade gain or lose, and how much do you need to make to get back to break even?
Free, sign-in needed Built by IBFX
Pivot points
From the previous period's high, low, open and close, where do the pivot, support and resistance levels sit?
Free, sign-in needed Built by IBFX
Forex market hours
Which session is open now, and when do the sessions overlap?
Free, sign-in needed Built by IBFX
Read the market
Correlation, strength and volatility across currencies, worked out from price data updated on a schedule. Sign in to see the latest figures.
Currency converter
What is the mid-market rate, and what do you actually receive once a bank or card adds its markup?
Free, sign-in needed Built by IBFX
Currency correlation
Do the two pairs you are about to trade move together, doubling your risk?
Free, sign-in needed Built by IBFX
Currency strength
Among the 8 major currencies, which are strong right now and which are weak?
Free, sign-in needed Built by IBFX
Pair volatility
Which pairs are moving hard, and which are going sideways?
Free, sign-in needed Built by IBFX
Risk-on / Risk-off
Is the market taking on risk, or looking for shelter?
Free, sign-in needed Built by IBFX
Currency heatmap
Which pairs rose or fell the most over the period?
Free, sign-in needed Built by IBFX
For IBs
For IBs: commission estimates, multi-level rebate splits, and a check against CXM liquidity limits. These work without signing in.
IB commission estimate
From the lots and rebate rates you enter for each product group, what does the commission add up to?
Free, no sign-up Built by IBFX
Multi-level rebate split
How do you split the rebate per lot across IB levels so the levels add up to exactly what the broker pays?
Free, no sign-up Built by IBFX
CXM liquidity limits
Does any trade in this list go past CXM's liquidity limits, counted across every account?
Free, no sign-up Built by IBFX
Account needed
Keep your trading journal and your own settings. An IBFX account is needed.
Trading journal
What are the win rate, average R and maximum drawdown of the trades you have logged?
Account needed Built by IBFX
Saved tool settings
Do the settings you use in the tools follow you to another device?
Account needed Built by IBFX