In order to be able to calculate the most important forex parameters, every trader needs a special calculator which incidentally is not presented by all forex companies. All reputable and top forex brokerage firms have such a special and very useful tool and PaxForex is no exception.
The Forex Calculator includes a Forex Margin Calculator and a Forex Pip Calculator.
Forex Margin Calculator gives you a fast possibility to count the necessary amount of funds that you must to have in your account balance to make a willing deal based on the Forex Trading Account currency, currency pair, lots and leverage. In professional words - forex margin requirements.
With the help of the Forex Pip Calculator you can fast calculate the cost of the minimum price movement (Pip) based on the Forex Trading Account currency, currency Pair and Volume Lot.