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Compare Forex Brokers Australia

Forex Trading Calculators

Five calculators that share one data spine: the spread figures come from our own May to June 2026 8-pair measurement, exchange rates refresh daily and are dated on every result, and the leverage maths applies ASIC's retail caps rather than an offshore default.

Justin Grossbard, Co-Founder of CompareForexBrokers Written by Justin Grossbard (RG146) Fact-checked by David Levy Last updated:
One pip is worth A$14.15 US$10.00 at 1.4150 AUD per USD · rate dated 11 August 2026
Same maths as the full calculator Full pip value calculator →

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What will trading cost me?

One tool, built on our own spread measurements

Broker Cost Calculator

Your monthly trading cost across 32 ASIC-regulated brokers, ranked from our measured spreads rather than advertised ones. The same dataset drives our best forex brokers in Australia rankings.

Needs
pairs traded · trades per month · lot size
Returns
ranked monthly cost per broker, in AUD

Behind the ranking

ASIC brokers costed
15
Pairs measured
8
Spread dataset
May to June 2026
Measured by
Live accounts

How much should I risk?

Position sizing and margin, worked back from risk

  • Position Size Calculator

    Lots to trade for your balance, risk and stop distance.

    Needs
    balance · risk % · stop pips
    Returns
    lots and units to trade
    Pure maths, no broker data Open calculator →
  • Margin Calculator

    Margin a position ties up under ASIC's retail leverage caps, tier by tier.

    Needs
    pair · lots · leverage tier
    Returns
    required margin in AUD
    ASIC caps applied Open calculator →

What is the trade worth?

Pips, and profit or loss

  • Pip Value Calculator

    What one pip is worth in your account currency. The figure the other calculators consume.

    Needs
    pair · lot size · account currency
    Returns
    pip value in AUD, USD or EUR
    Dated FX rates Open calculator →
  • Profit / Loss Calculator

    Profit or loss for an entry, exit and position size, long or short.

    Needs
    entry · exit · size · direction
    Returns
    result in account currency
    Dated FX rates Open calculator →

Which calculator answers your question

The 5 tools split by the question asked, not by instrument. Start here if you know the question but not the tool:

What will a month of trading cost me?
The broker cost calculator, then the lowest spread and lowest commission guides for the brokers behind the ranking.
How many lots should I trade?
The position size calculator, which works back from a risk percentage and a stop distance rather than from a lot size.
What is a pip worth on this pair?
The pip value calculator. It is the figure the other four consume, so it is the one to check when a result looks wrong by a factor of ten.
How much margin does this position tie up?
The margin calculator, with the caps explained in our leverage guide and the mechanics in our margin guide.
What would this trade have made or lost?
The profit and loss calculator, worked through in full in our worked AUD trade example.

Where the figures come from

Every figure the tools output is traceable. Broker spreads and commissions render from the same dataset our best forex brokers in Australia rankings use, exchange rates carry their capture date (11 August 2026 at this build), and the margin tiers quote the ASIC Product Intervention Order directly. Where a number is missing, the tools say so instead of estimating; the capture method behind the spread data is documented on our methodology page.

  • 15currency pairs on the shared spine
  • 15ASIC brokers ranked in the raw cost view, of 32 covered
  • 5account currencies: AUD, USD, GBP, EUR, NZD
  • 30:1ASIC retail cap on major pairs, applied by the margin maths
  • Spread dataset: May to June 2026
  • FX rates: dated on every result
  • Margin tiers: ASIC Product Intervention Order, as extended, verified against the Federal Register

Calculator questions, answered

Why do results differ from my broker's calculator?

Broker calculators use their own live feed and sometimes their own contract sizes. Ours use a dated mid rate and standard 100,000-unit lots, and state both, so small differences are expected and explainable.

Do the calculators work for MT4 and MT5 lot conventions?

Yes. Standard, mini and micro lots follow the 100,000, 10,000 and 1,000 unit conventions MT4 and MT5 use, and the position size tool shows the lots to trade, with units alongside them in the quick calculator above.

How current are the spread figures?

The cost calculator uses our May to June 2026 measurement across 8 pairs on live accounts. The capture window is stated on every result rather than implied.

Are these calculators free, and do they need an account?

All 5 are free with no sign-up. They run in the page, send nothing to a broker and are not connected to any trading account.

Keep going: the guides behind the tools