Forex Calculator is a very convenient and effective tool. You can quickly calculate the point value, spread, and swap. Calculator has the advantage of having been programmed with all parameters of calculation, so that you don’t need to manually calculate each one of them at the risk of making mistakes.
Using calculator is very simple. All you have to do is to choose the trading instrument, which you’re working with, the size of the lot, level value and the currency pair. Click on Calculate button after you’re done with choosing the parameters. And by doing so, you’ll see the result: the contract size, the point value, spread, both swaps short and long. The tool fits excellent both novices and experienced traders.
Trader's Calculator is particularly useful for those who trade with multiple currencies. There’s no need to keep track of each currency, as all data is re-calculated automatically within few seconds error-free. The point value for trading instruments is calculated based on their current rate.