Trader's Tools
Size every trade before you take it.
Set your account currency, balance and risk once. The calculator remembers them and gives you the exact lot size and pip value for any pair, so a stop-out costs only what you planned.
Position size & pip value calculator
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How it works
- 1. Amount at risk = balance × risk %.
- 2. Units = amount at risk ÷ (stop-loss in pips × pip size), converted into the pair’s quote currency.
- 3. Lots = units ÷ units per lot. One pip = 0.0001, or 0.01 for JPY pairs.
Plan the rest of the trade
Check scheduled news on the economic calendar, then log the plan in your journal before you enter.
Educational tool only. Results are estimates; your broker’s contract specifications and live prices apply.