Free Forex Trading Tools
7 professional forex calculators and tools — all free, no registration required. Calculate lot sizes, pip values, profit/loss, pivot points, track your trades, and compare brokers.
Free Trading Tools
Use our professional tools for lot calculation, profit/loss estimation, pivot points, and more.
Frequently Asked Questions
Yes, all 7 tools on ForexTradeLab are completely free with no registration, no subscription, and no hidden fees. We built them to help traders make better decisions. The tools run entirely in your browser — your data stays on your device.
Use our Lot Size Calculator: enter your account balance, risk percentage (typically 1–2%), stop-loss distance in pips, and currency pair. The calculator instantly shows the optimal lot size to match your risk tolerance. This prevents over-leveraging and protects your account.
A pip is the smallest price movement in a currency pair (0.0001 for most pairs). Pip value tells you how much money each pip movement is worth in your account currency. This varies by pair, lot size, and account currency. Our Pip Value Calculator handles the math instantly.
Pivot points are technical indicators that identify potential support and resistance levels for the current trading session based on the previous session's high, low, and close. Traders use them to plan entry/exit points. Our Pivot Calculator supports Classic, Fibonacci, Camarilla, Woodie, and DeMark methods.
A trading journal helps you track every trade, identify patterns in your wins and losses, and improve over time. Research shows traders who journal consistently improve their win rate by 10–20%. Our free Trading Journal lets you log trades, add notes, tag strategies, and review performance — all stored locally in your browser.
Our broker quiz asks a few questions about your experience, budget, and preferences, then suggests brokers that may fit your profile. It is educational—not financial advice. For regulation-focused research, use the licensed brokers directory.