Certainly! In the Dashboard, traders can find 3 calculators.
Risk Calculator
The FundedNext Risk Calculator helps traders determine the optimal position size for the trades based on the account balance, desired risk percentage, and the price levels of the trade.
Example: If traders account balance is $10,000 and you want to risk 1% on a trade with an entry price of $1.1500 and an exit price of $1.1600, the calculator will provide the position size in lots that aligns with the risk management strategy.
Important Note: The results are for informational purposes only and may not reflect actual trading outcomes due to market conditions.
Profit/Loss Calculator
The FundedNext Profit/Loss Calculator estimates potential profits or losses based on traders entry and exit prices, the number of lots, and the trading direction (Buy/Sell) for the chosen currency pair.
Example: If traders enter a trade to buy 2 lots of EUR/USD at an entry price of $1.1000 and plan to sell at $1.1050, the calculator will estimate the potential profit based on the current market conditions, helping traders assess their trade's impact.
Important Note: The results provided are indicative and should not be considered financial advice.
Margin Calculator
The FundedNext Margin Calculator allows traders to calculate the margin required for the trades based on the account type, trading instrument, and selected leverage.
Example: If traders select a trading instrument with a leverage of 100:1 and a volume of 1 lot for a currency pair priced at $1.2000, the calculator will display the estimated margin required to open that position. This helps ensure that traders have enough equity in their account to support the trades.
Important Note: The results are indicative and serve as a guide for traders trading decisions, as actual margin requirements may vary due to market fluctuations.
