Forex Compounding Calculator
What is a Forex Compounding Calculator?
A Forex Compounding Calculator helps traders calculate the growth of their investment by reinvesting profits daily, leveraging the power of compounding interest.
How Does It Work?
The formula for compound interest is:
Final Amount = P × (1 + r)^t
Where:
- P = Initial balance
- r = Daily interest rate (decimal)
- t = Number of days
Why Use This Calculator?
- Predict your forex account growth over time
- Optimize reinvestment strategies
- Understand the power of compound interest in trading
Instructions
Enter your initial balance, daily interest rate, and the number of days to calculate your final balance with compounding growth.