CFDs and forex are complex instruments and come with a high risk of losing money rapidly due to leverage. Risk disclosure

Trading Calculators and Simulators

This page explains what the trading tools in this section do, where a beginner should start, and which calculators an experienced trader will use most.

Extrade Pakistan editorial team ·

On this page
  1. What these trading calculators do
  2. Where a beginner should start
  3. What an experienced trader will find
  4. Limits of any calculator
  5. Frequently asked questions

What these trading calculators do

A trading calculator turns the details of a planned trade into numbers you can check before you place it. You enter the instrument, the position size, your account currency and the price levels. The tool returns values such as the pip value, the margin required or the result at your stop-loss.

Each card below shows a live result with sample inputs, so you can see what a tool does before you open it. Inside each tool you can change every input to match your own trade.

The section has five groups:

The full list of pages appears under this text.

Where a beginner should start

If forex terms are new to you, learn a few words before using the tools. A pip is the standard small step in a currency price. A lot is the unit of position size. Margin is the money your broker holds while a leveraged position is open. Leverage lets you open a position larger than your deposit, so both gains and losses grow with it.

A sensible order:

  1. Open the pip value calculator to see how much one pip is worth for a given lot size.
  2. Use the lot size calculator to find a position size that keeps your possible loss at your stop-loss within the amount you accept.
  3. Check the margin calculator to see how much of your balance a position will use.
  4. Try the forex profit calculator to see the result at your target and at your stop.

The trading glossary and trading basics explain the terms in more detail. A demo account lets you test what you calculate without real money.

What an experienced trader will find

Experienced traders usually need tools that look beyond a single trade:

Read risk management together with these tools.

Limits of any calculator

The results are only as accurate as the inputs. Spreads widen, prices gap over weekends and news, and swap rates change. Before you trade, check the current contract specification and conditions with your broker. A simulator shows possible outcomes from your assumptions. It does not predict the market.

Leveraged forex and CFD trading can lose money fast, and you can lose your whole deposit. A calculator helps you measure that risk. It does not remove it.

There is also a legal side in Pakistan: per the SECP, offshore platforms have no Pakistani licence or oversight and offer no legal protection or recourse. In addition, per the SBP, remitting foreign exchange to overseas forex/margin/CFD platforms is not allowed through any payment channel (FERA s.5(1)). See law and regulators before opening any account.

Frequently asked questions

Are these trading calculators free?

Yes. You can use all tools on this page without registering.

Which forex calculator should I use before every trade?

Most traders check position size with the lot size calculator and the required margin with the margin calculator. Together they show your loss at the stop-loss and how much of your balance the trade uses.

Do the calculators use live prices?

Some tools load current rates as sample inputs. You can always type your own prices. Check the live quote on your trading platform before trading.

Is the forex simulator the same as a demo account?

No. The trade series simulator runs statistical sequences from your assumptions. A demo account lets you place practice trades on real market prices.

Can a calculator tell me whether a trade will be profitable?

No. It calculates the outcome at the prices you enter. It cannot tell you which price the market will reach.

Sources

  1. Securities and Exchange Commission of Pakistan (press release, 09.04.2025) · secp.gov.pk › Press Release SECP Cautions Public Against Illegal Offshore Trading an — checked 2026-11-11
  2. State Bank of Pakistan, EPD Circular Letter No. 08 of 2022 · sbp.org.pk › Epd circular letter no 08 of 2022 — checked 2026-11-11

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