Forex Trading Tools

How much extra risk am I taking by holding two correlated currency pairs at the same time?

Enter Your Two Positions

Check a correlation matrix on your platform for an approximate coefficient. Correlations between pairs shift over time and are not fixed.

EUR/USD and GBP/USD often run strongly positive. EUR/USD and USD/CHF often run strongly negative. Confirm the current figure on your own platform rather than assuming.

Your Result

Fill in the fields on the left and click Calculate to see your combined correlated risk.

How this is calculated

Risk & liability disclaimer: This calculator performs a simplified two-asset risk combination using the correlation coefficient and risk amounts you enter. It does not pull live correlation data from any broker or data provider, and historical correlation is not a guarantee of future correlation. It is not financial advice. Forex trading involves substantial risk of loss and is not suitable for everyone. Trading Habits is not a broker-dealer, registered investment adviser, or tax professional, and is not affiliated with any broker, exchange, or data provider. Always verify results independently before making a trading decision.