All the forex trading tools you need in one place. Use this page to keep track of worldwide forex market hours, current central bank interest rates, economic events, and live forex cross rates. Use the position, profit, and pip calculators to manage risk and to determine your appropriate position size. Use the pivot point and Fibonacci calculators together with the charting tool to determine your entry and exit points. Happy trading!

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Disclaimer: Forex trading involves significant risk of loss and is not suitable for all investors. All trading involves risk and losses can exceed deposits.

Forex Market Hours

The forex market essentially trades in four major trading sessions: Sydney, Tokyo, London, and New York. Accordingly, the forex market is open 24 hours a day, starting on Monday morning with the Sydney trading session and closes for the week on Friday afternoon at the close of the New York trading session. The highest trading volume usually occur when two trading sessions overlap for a period of time. Below you can track each session's open and close times as well as see when trading sessions overlap in your local time.


Live Forex Rates

Below you can track real-time forex rates for the world's major currency pairs.


Forex Chart

Enter the ticker symbol you want to view and click on the squiggly line in the heading of the chart to select the technical indicators you want to add. Use the drawing tools on the left side of the chart to add trend lines, support and resistance lines, etc.


Economic Calendar

Click on "Filters" to select a specific country's economic calendar. You can also set the time frame that you want to view. Typically, there is greater volatility and larger price movements just before, during, and right after major economic events affecting a specific currency.

Real Time Economic Calendar provided by

Central Bank Rates

Below you can keep track of central bank rates around the world. The rates affect how different currency pairs interact with each other. Furthermore, many forex brokers either charge or pay a financing fee while you are holding a forex position. The amount charged or paid depends on the difference in the interest rate of the country's currency you are buying and the country's currency you are shorting against it. The broker will pay you the difference if the currency you are buying has a higher interest rate than the currency you are shorting. Likewise, the broker will charge you the difference if the currency you are buying has a lower interest rate than the currency you are shorting.


Position Size Calculator

Risk management is the most important factor when trading or investing. There are four outcomes for any particular trade: a large gain, a small gain, a large loss, or a small loss. Losses when trading are inevitable, however, by practicing good risk management you can avoid large losses. If you eliminate large losses and limit your trading outcomes to large gains, small gains, and small losses, you will be profitable in the long run. Proper risk management includes proper position sizing which allows you to set a predetermined price where you will get out of a trade and know how much money you are risking. Use the calculator below to figure out your position size for a specific trade by inputting where you will get out (in PIPs, see PIP Calculator below) and how much (money amount or percentage) of your trading account you are willing to risk on any one trade.

Profit Calculator

Before getting in a trade always know at what levels you expect to exit the trade, whether you are selling to take a profit or getting out to cut your losses. Only enter trades that have a favorable risk/reward ratio. Use the Profit Calculator below to determine the gain or loss at your planned exits and to evaluate your expected risk/reward ratio.

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PIP Calculator

A PIP (Point In Percentage) is the smallest amount used to measure the change in a currency pair quote. Figuring out the PIP value for a currency pair you are trading (in terms of the currency your account is held in) is essential in order to determine your position size and to manage risk properly. 

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Pivot Point Calculator

A pivot point is a technical analysis indicator used to determine the overall trend of the market during different time frames. The pivot point itself is based on the average of the high, low, closing, and open price for a specified time frame. The pivot point usually acts as a support or resistance. This widget will also calculate additional support and resistance levels based on different pivot point calculation methods. 

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Fibonacci Calculator

Fibonacci retracements and extensions are technical analysis tools used to identify possible support and resistance levels. A Fibonacci retracement is calculated by taking the high and the low during a specified time frame and dividing the vertical distance by the key Fibonacci ratios of 23.6%, 38.2%, 50%, 61.8%, and 100%. A Fibonacci extension is calculated when the retracement is more than 100% of its prior move to estimate new future levels of support or resistance. 

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