Professional Forex Tools
for Smarter Trading
Powerful analysis tools to help you make better trading decisions. Real-time data, no signup required.
Complete Forex Toolkit
Everything you need for successful trading
Pip Calculator
Calculate pip value and position size based on your account size and risk tolerance.
Open →Position Size Calculator
Calculate optimal lot size based on your account balance, risk percentage, and stop loss.
Open →Profit Calculator
Quickly calculate potential profits or losses for any forex trade setup.
Open →Margin Calculator
Determine required margin for your trades based on leverage and position size.
Open →Compound Calculator
Calculate account growth over time with compounding returns and regular deposits.
Open →Rebate Calculator
Calculate your potential cashback earnings from forex trading rebate programs.
Open →Risk/Reward Calculator
Calculate risk-reward ratios and required win rates for profitable trading.
Open →Swap Calculator
Calculate overnight swap fees and rollover costs for holding positions.
Open →Spread Cost Calculator
Calculate the true cost of spreads on your trades in your account currency.
Open →Lot Size Converter
Convert between standard, mini, micro, and nano lots instantly.
Open →Expectancy Calculator
Calculate your trading system expectancy and profit factor from your stats.
Open →Commission Calculator
Calculate total trading costs including spreads, commissions, and swaps.
Open →Break-Even Calculator
Calculate break-even price after partial closes and position adjustments.
Open →Averaging Calculator
Calculate average entry price when adding to positions (DCA strategy).
Open →Scaling Calculator
Plan scale-in and scale-out strategies with precise position sizing.
Open →Carry Trade Calculator
Calculate potential profits from interest rate differentials between currencies.
Open →Currency Strength Meter
Analyze the relative strength of 8 major currencies in real-time. Find the strongest and weakest currencies.
Open →Correlation Matrix
Visualize currency pair correlations to diversify your portfolio and manage risk.
Open →Volatility Analyzer
Analyze currency pair volatility with ATR and pip ranges for better risk management.
Open →ATR Calculator
Calculate Average True Range for volatility-based stop loss and take profit.
Open →Risk of Ruin Calculator
Calculate the probability of blowing your trading account based on win rate and risk.
Open →Drawdown Calculator
Calculate the percentage gain needed to recover from trading losses.
Open →Kelly Criterion Calculator
Calculate optimal position size using the Kelly Criterion formula.
Open →Recovery Calculator
Calculate how much gain you need to recover from a drawdown.
Open →Monte Carlo Simulator
Simulate thousands of trading scenarios to understand risk and drawdown.
Open →Pivot Point Calculator
Calculate support and resistance levels using Classic, Fibonacci, Camarilla, Woodie & DeMark.
Open →Fibonacci Calculator
Calculate Fibonacci retracement and extension levels for precise entries and profit targets.
Open →Moving Average Calculator
Calculate SMA, EMA, and WMA with crossover analysis and trend detection.
Open →Support/Resistance Finder
Automatically identify key support and resistance levels from price data.
Open →Currency Converter
Convert between major currencies instantly with real-time exchange rates.
Open →Economic Calendar
Track important economic events and news releases that impact forex markets.
Open →Trading Hours
View forex market sessions, trading times, and find the best times to trade.
Open →Session Overlap Calculator
Find the best trading times when major forex sessions overlap.
Open →Currency Pair Info
Detailed information about forex pairs including spreads, volatility, and best trading times.
Open →Broker Cost Comparison
Compare trading costs across different brokers to find the best deal.
Open →Built for Traders, by Traders
Real-time Data
Live forex quotes updated every second during market hours
Professional Grade
Same tools used by professional traders, completely free
Mobile Friendly
Works perfectly on any device - desktop, tablet, or mobile
No Registration
Start using immediately - no signup or email required
Frequently Asked Questions
What is Tool.forex?
Tool.forex is a free suite of professional forex trading tools designed to help traders make better decisions. We offer currency strength meters, calculators, economic calendars, and analysis tools - all completely free with no registration required.
Are these forex tools really free?
Yes, 100% free! All our tools are available without any cost, subscription, or hidden fees. We believe every trader should have access to professional-grade tools regardless of their account size.
Where does your forex data come from?
Our real-time forex data is sourced from Massive.com, which provides institutional-grade market data directly from major exchanges. Economic calendar data comes from reliable financial data providers.
Do I need to create an account?
No account or registration required. Simply visit any tool and start using it immediately. Your privacy is important to us - we don't collect personal information.
Which currency pairs are supported?
We support all 28 major and cross currency pairs including EUR/USD, GBP/USD, USD/JPY, AUD/USD, USD/CAD, USD/CHF, NZD/USD, and all their crosses.
How often is the data updated?
Live market data is updated every 60 seconds during forex market hours (Sunday 5pm - Friday 5pm EST). The economic calendar is updated multiple times daily to ensure accuracy.
Can I use these tools on mobile?
Absolutely! All our tools are fully responsive and optimized for mobile devices. Whether you're on a phone, tablet, or desktop, you'll get the same great experience.
Is this financial advice?
No. Our tools are for informational and educational purposes only. All trading involves risk, and past performance doesn't guarantee future results. Always do your own research and consider consulting a financial advisor.