Investment calculator

A handy and simple tool, the Upstable FX Investment Calculator helps you to automatically calculate the basics of your trading position, which include margin, spread cost, commission, swap short, swap long, and pip value. This all-in-one pip calculator is particularly useful when you wish to determine the above values for multiple open positions on various instrument types.

At the pip calculator:

• Select the type of Upstable FX trading account you are performing the trade on (Standard, Standard Cent, Pro, Raw Spread or Zero account).

• Enter the leverage and account currency that you set for your trading account. The leverage field will be disabled when you select trading instruments with fixed margin requirements.

• Choose your trading instrument from the list of available forex currency pairs, metals, stocks, indices, energies and cryptocurrencies.

• Set the lot size of your trade, then click the ‘Calculate’ button.

You will be able to view the calculation results for the required margin, spread cost, commission, swap short and long, and pip value of the position.

There are currently 6 values that will be shown by the investment calculator:

• Margin - This the required capital, or balance, that is needed to maintain your open position.

• Spread cost - It is the amount that you pay when you open a position. The spread cost calculated here is based on the average spread of the previous trading day. As the spread changes dynamically, depending on market conditions, the final spread cost can only be determined at the time the position is opened.

• Commission - Commission is a fee charged for trading on Raw Spread and Zero accounts. It applies for each lot traded and for both opening and closing a position. The commission value you see in the calculation results is the total fee for both sides of a trade (open and close), which will be charged when opening the position. It’s worth noting that spreads are included in the calculation of the order’s floating profit and loss, while commission fees are a separate cost.

• Swap short and long - Swap is the interest applied to trading positions that are left open overnight, and can be long or short depending on the trade. Swap short is the rate for Sell positions while long is for Buy positions.

• Pip value - This determines the value of 1 pip, which helps to calculate how much money a trader will earn, or lose, if the price of a trade were to move by a pip. The pip value is calculated in quote currency with the formula, Lots x Contract size x Pip Size.

Leverage is greyed out for certain instruments as they have a preset leverage. In such instances the leverage is fixed, it cannot be changed and is not affected by the leverage in your trading account.