Free Forex Trading Tools

Welcome to our Free Forex Tools.

Forex is like many other occupations. It requires skill, knowledge and experience to do well and to be successful. Forex tools can aid you on the path to becoming a successful Forex Trader and make your life easier at the same time. None of these tools are essential to becoming a successful trader but they are really handy and can cut the time it takes to do certain tasks. The following free Forex Trading tools are provided for your convenience.

The Forex Market Clock – You could set up numerous clocks on your desk top and set them to the different time zones but why waste your time. With this free Forex Market Clock, we designed specifically for traders, you’ll know exactly how long you have until the market opens, how the currency market moves around the world and also when the market closes. This information is vital as Forex pairs move differently depending on news and based on which markets are open or closed.

Pip Calculator – If you are trading a micro, mini or a standard lot you need to know the value of a Pip. You can do it by hand or you can save time by using our free pip calculator. You need to know the value of a pip if you are to calculate how much profit/loss you intend to make when you place your limit order or your stop loss.

Pivot Point Calculator – If you are looking to calculate your own Pivot Points then this calculator will do it for you. I can’t imagine trying to figure these points out for myself. When you are stressing out in a trade the last thing you want is to have to figure out these calculations.

I hope these Forex Trading Tools were of use, please let us know if there’s any other Forex Trading tools you’d like to see.