Friscal is both a FOREX risk calculator as well as a useful toolkit for assisting you with your FOREX currency trading. Calculate Lot size, Pip value and other currency trading stats from one screen. Friscal includes an easy to use market-time clock as well as a graphical display of the open & close times of the major markets.
- Quick and easy calculation of typical trade values such as potential profit, margin, pip value. - Values calculated are in your account's deposit currency. - Customizable currency symbols so you can match your broker's data. - Integrates with MetaTrader 4 to give the most up to date quotes. - Calculate times in the major trading timezones.
Friscal is a fairly unique application in that it combines typical calculations found in Forex trading into one, easy to use screen that can quickly be accessed before a trade is placed. Also, most of the other calculators assume currency symbol names whereas Friscal can match any symbol name that is used in MetaTrader4. Values are converted into the trade account's deposity currency, whereas other calculators assume a US dollar account. Therefore, Friscal is more accurate in its calculations.
Friscal is meant for retail forex currency traders who would use a software platform such as MetaTrader 4 to execute their trades. Users of the software would be risk concious traders who want to be successful traders.