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Forex Trading Tools

40 free tools for traders: position sizing, risk, prop firm limits, prices, sessions and more. They are written around gold (XAU/USD) today. Calculators for other instruments will follow.

Risk & position sizing

XAUUSD Lot Size Calculator

Work out the right XAUUSD lot size from your equity and stop-loss distance, then compare lots across a grid of stops and risk levels.

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XAUUSD Pip Value Calculator

Work out what one pip and one point are worth on gold for any lot size, and what a given price move is worth in dollars.

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XAUUSD Margin Calculator

Work out how much margin your broker will hold for a gold position, given your lot size, leverage and the current price.

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XAUUSD Profit & Loss Calculator

Work out the profit or loss on a gold trade from your entry price, exit price and lot size.

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XAUUSD Swap Calculator

Work out the overnight swap cost or credit for holding a gold position open, including the triple-day rollover.

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Gold Risk/Reward Calculator

Check the risk-to-reward ratio of a gold trade before you take it, and the win rate you would need just to break even.

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Gold Breakout Calculator

Plan a gold breakout trade in one place: entry, stop, two targets, reward-to-risk ratios and lot size.

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Gold Trading Cost Calculator

Add up spread, commission, slippage and swap to see the real cost of a gold trade in one dollar figure.

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Prop Firm Drawdown Calculator

Model daily and maximum loss limits, static or trailing, with FTMO and other presets. See your room in gold lots and points, and replay days.

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XAUUSD Distance Calculator

See how far the current gold price is from any level you are watching, in dollars, percent, pips and points.

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XAUUSD Pips & Points Converter

Convert a gold price move into points, pips and a dollar value at your lot size.

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Levels & volatility

Account & strategy

Market data & sentiment

Gold Strength Meter

See how gold is performing against the major currencies at a glance, to tell a gold move from a dollar move.

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Gold Currency Heatmap

A colour-coded grid of gold against the major currencies across four timeframes, from one day to three months.

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Live Gold Price (XAU/USD)

The current gold spot price, refreshing automatically, alongside gold priced in the other major currencies.

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XAUUSD Live Chart

A live, interactive XAU/USD chart with full drawing tools and indicators, powered by TradingView.

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Gold Economic Calendar

The economic events that move gold, in your local time, explained in plain English under each release.

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XAUUSD Market Sentiment

See what share of traders are positioned long versus short on XAU/USD, from Myfxbook's community data.

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Gold vs Dollar Index Correlation

How closely gold and the US Dollar Index have been moving together, measured on 20-day and 50-day windows of daily returns.

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Gold/Silver Ratio

See the live gold/silver ratio: how many ounces of silver it takes to buy one ounce of gold right now.

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US Real Yields Tracker for Gold

The US 10-year real yield, nominal yield and breakeven inflation: one of the strongest fundamental drivers of gold.

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IC Markets Live XAUUSD Spread

Live XAU/USD spread, bid and ask from an IC Markets account, refreshing every 5 seconds, with 7/30/365-day stats and an hourly chart.

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IC Trading Live XAUUSD Spread

Live XAU/USD spread, bid and ask from an IC Trading account, refreshing every 5 seconds, with 7/30/365-day stats and an hourly chart.

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FTMO Live XAUUSD Spread

Live XAU/USD spread, bid and ask from an FTMO account, refreshing every 5 seconds, with 7/30/365-day stats and an hourly chart.

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Market analysis

Trading involves a high level of risk and you can lose more than you expected. These tools are for information and arithmetic only, not advice. Read the Risk Disclosure. Some pages link to brokers or prop firms; those links are affiliate links, explained in the Affiliate Disclosure.

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