**Deriv Synthetic Indices Calculator**

***This PROFIT calculator works for every synthetic index except for Step index***

This **Deriv** Synthetic Indices Calculatorr is designed for calculating the profit and loss for synthetic indices offered by deriv.com broker. Get access to step index Calculator **HERE.** This Synthetic Indices Calculator works for various synthetic indices that are offered by **deriv.com**

Synthetic indices are the simulation of real-world market conditions. Computer programs control these indices. We have designed this calculator to calculate the pip value in US Dollars.

**What is a position size calculator?**

Alright let me explain like i am explaining t o a child, imagine you're playing a game with marbles, and each marble represents money you want to use for trading in the foreign exchange (forex) market. The position size calculator is like a special tool that helps you decide how many marbles (or how much money) to use for each trade.

Now, let's say you have a big bag of marbles, but you don't want to use all of them in one game. The position size calculator helps you figure out how many marbles to use based on a few important things:

**How much money you're willing to risk:**

Just like you wouldn't want to risk losing all your marbles in one game, in trading, you don't want to risk all your money on a single trade. The calculator helps you determine a safe amount to use.

**The size of the playing area (stop loss):**

In your game, you might set a rule that if a marble goes too far in one direction, you stop playing. Similarly, in trading, you might set a “stop loss,” which is a point where you stop the trade to prevent big losses. The calculator considers this so you don't lose too many marbles at once.

**How much distance you want your marbles to move (pip value):**

In the forex market, prices move in tiny increments called pips. The calculator helps you decide how much each pip movement is worth in terms of marbles, so you know what to expect.

So, the position size calculator is like a helpful friend that makes sure you don't use too many marbles, helps you play safely, and avoids losing too much if things don't go well. It's all about making smart choices in your marble trading game!

**Synthetic indices lot size calculator**

This isÂ actually another term for position size calculator . remember our previous explanation about the marbles ?

**Deriv profit calculator**

This calculator allows us to calculate our profit or loss before taking a trade. We also found an app online that can help you determine these parameters before taking a trade