SimpleFX adds Trading Calculator to mobile app
SimpleFX, a global leader in online trading solutions, has introduced a powerful new feature to its mobile platform — the Trading Calculator. Previously popular among desktop users, this tool is now available on mobile devices, enabling traders to quickly and accurately assess potential trades anywhere.
- Chosen by 0+ local traders in the last 3 months.
- Traders earn on average 12% more per month vs other brokers.
Trading in fast-moving markets requires preparation, and the Trading Calculator offers a convenient way to evaluate a trade’s potential before committing funds, the broker’s website reports. By entering a few key parameters, traders can simulate various scenarios and make more informed decisions. While it cannot predict market movements, the tool provides valuable information for building a trading strategy.
From desktop to mobile: Full functionality anywhere
Previously available only on the desktop platform, the Trading Calculator is now fully integrated into the SimpleFX mobile app. Users can input basic data — account currency, leverage, trading instrument, and position size — directly from a smartphone or tablet.
Once the data is entered, the tool calculates advanced metrics, including:
• Trade value
• Required margin for opening a position at 100% margin level
• Point value — the smallest price change affecting profit or loss
• Daily swap for long and short positions
Traders can also simulate future price movements by entering projected opening and closing prices. The calculator will then display potential profit or loss in both absolute terms and percentages.
More control, less guesswork
With its detailed calculations, the Trading Calculator helps users save time, manage risk more effectively, and operate with greater confidence in the market. Whether trading currency pairs, commodities, indices, or cryptocurrencies, the tool can be adapted to any individual strategy.
Empowering mobile traders
With this update, SimpleFX continues its mission to deliver intuitive, user-focused solutions. Bringing the Trading Calculator to mobile ensures that traders can use essential decision-making tools anytime, anywhere, without losing functionality.
The feature is now available in the latest version of the SimpleFX app for both iOS and Android. For those looking to refine their trading approach, the mobile Trading Calculator offers a significant advantage.
Previously, the broker also introduced Multicharts to expand market analysis capabilities.
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