Free to use, no account
Forex Position Size Calculator
Estimate a position size from your chosen risk and stop distance. You supply the pip value in your account currency; this tool does not fetch exchange rates or broker data.
How do I calculate forex position size?
Risk amount equals account balance times risk percent. Divide it by stop-loss pips times the pip value per standard lot. For example, risking 100 with 10 pips of stop distance and pip value 1 per lot gives 10 standard lots. Confirm pip value and contract size with your broker.
Frequently asked questions
How do I calculate forex position size?
Risk amount equals account balance times risk percent. Divide it by stop-loss pips times the pip value per standard lot. For example, risking 100 with 10 pips of stop distance and pip value 1 per lot gives 10 standard lots. Confirm pip value and contract size with your broker.
Does this calculator connect to a broker?
No. It uses the figures you enter in this browser and does not connect to a broker, retrieve prices or place trades.
What is a pip value?
Pip value is the money gained or lost for a one-pip move at a specified position size. It depends on the currency pair, trade size and account currency. Enter the value for one standard lot using your broker’s convention.
Does this calculate a live currency conversion?
No. Enter pip value already converted to the same currency as your account balance. Exchange rates and broker contract conventions can change.
Is the position size a trading recommendation?
No. It is arithmetic based on your inputs, not a forecast or recommendation. Leverage, spread, slippage, commissions, gaps and broker minimum sizes can change actual losses.