Participant Toolkit

Trading Calculators & Tools

Calculators, converters, and market references to help you prepare and trade with precision.

Free calculators, converters, and market references – built for Participants preparing for evaluation.

Why Participants Use These Tools

1

Built for evaluation rules

Every tool respects drawdown limits, daily loss caps, and Reward Coefficient tiers – not generic retail assumptions.

2

Free forever

No sign-up wall, no paywall. Use them anonymously or as part of your trading routine.

3

Honest math

Transparent formulas and live quotes. Output matches what you see at execution on MT5.

Quick Definitions

Pip
The smallest standard price move in a forex pair – typically 0.0001 (or 0.01 for JPY pairs). Pip value depends on lot size, pair, and account base currency.
Lot
A standardized trade size unit. One standard forex lot = 100,000 units of the base currency; a mini lot = 10,000; a micro lot = 1,000. Position sizing in lots drives pip value.
Margin
The portion of account equity locked as collateral for an open position. Margin = position size ÷ leverage. On a simulated evaluation, margin rules mirror live retail brokerage conventions.
Drawdown
The peak-to-trough decline in account equity over a given period, expressed as a percentage. NEOM Funded evaluations enforce a maximum overall drawdown – breaching it ends the evaluation.
Reward coefficient
The share of simulated profits paid to the participant as a performance-based reward. NEOM Funded reward coefficients range up to 90% depending on challenge type.
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  • Refundable on second Performance Reward
  • No subscription

FAQ

Yes, all our trading tools are completely free. You can use the pip calculator, margin calculator, lot size calculator, swap calculator, Performance Reward eligibility calculator, currency converter, and more without creating an account.

Free Trading Calculators & Tools for Funded Participants

NEOM Funded provides a complete suite of 8 free trading calculators and tools designed to help prop Participants make smarter, data-driven decisions. Whether you are planning trade entries, calculating position sizes, or projecting your Performance Reward eligibility from a simulated funded evaluation account, our tools give you the precision edge that separates profitable Participants from the rest.

Our Trading Tools Suite

  • CFD Calculator: Calculate profit, loss, margin requirements, and pip values for any CFD instrument including forex pairs and metals. Essential for proper position sizing.
  • Performance Reward eligibility Calculator: Explore illustrative Performance-Reward coefficients from a NEOM Funded simulated funded evaluation account based on a Reward Coefficient and account size. Figures are illustrative only and are not a forecast of earnings.
  • Position Size Calculator: Enter your account balance, risk percentage, and stop-loss distance to determine the exact lot size for your trade. Never risk more than you intend.
  • Pip Calculator: Quickly determine the monetary value of each pip movement for any currency pair at any lot size. Critical for setting accurate take-profit and stop-loss levels.
  • Margin Calculator: Calculate the margin required to open and maintain positions at various leverage levels. Avoid margin calls by knowing your requirements in advance.
  • Profit Calculator: Determine the profit or loss of a trade based on entry price, exit price, position size, and instrument type. Run scenarios before entering the market.
  • Risk-Reward Calculator: Analyze the risk-reward ratio of potential trades to ensure they meet your minimum criteria before execution.
  • Drawdown Calculator: Model different loss scenarios and understand how they affect your simulated funded evaluation account drawdown limits. Plan your recovery strategy in advance.

Why Use Trading Calculators?

Professional Participants never guess their position sizes or risk levels. Precise calculations are the foundation of consistent profitability, especially in prop trading where drawdown limits determine whether you keep your simulated funded evaluation account. Our tools integrate the specific conditions of NEOM Funded accounts, including leverage levels, spreads, and drawdown rules, so your calculations reflect real trading conditions.

How to Use These Tools

All calculators are free to use with no registration required. Simply select the instrument, enter your parameters, and get instant results. Combine multiple tools in your pre-trade routine: use the Position Size Calculator to set your lot size, the Risk-Reward Calculator to validate the setup, and the Profit Calculator to set your expectations. Explore our full trading challenges to put these tools to work in a live simulated funded evaluation account. Trade on MetaTrader 5 for the best execution and charting experience.

All tools are for educational use. Calculations illustrate simulated scenarios and do not guarantee performance.