Lot Size Calculator
Why use a lot size calculator?
Using a lot size calculator helps you optimize risk management on every trade. This professional tool is designed for all traders from beginners to professionals and with precise calculations helps you set the lot size or trade volume correctly.
Position size calculator features
Fast and accurate calculation
Get an exact lot size by entering the required information.
Easy to use
Even if you are new, using this calculator is very simple.
Better risk management
By sizing positions, you can avoid excessive risk.
Supports various account types
This tool is suitable for different forex accounts.
How do we use the lot calculator?
To use this calculator, simply enter the following information:
Account size
The amount of capital you have in your trading account.
Risk percent
The percentage of your capital you are willing to risk per trade.
Stop loss pips
The distance of the stop loss from the entry price.
Account base currency
The currency in which your account is denominated.
The importance of a lot size calculator in Forex
In the Forex market, accurately sizing positions is critical. Without a position size calculator, your trades may be oversized and the risk of losing capital can increase. This tool helps you trade more calmly and avoid unnecessary risks. Use our lot size calculator to manage forex positions more professionally and improve profitability. Try this free tool now and feel the difference!
How to use the lot size calculator in Forex
Instrument
Currency pair: choose the pair you want to trade. For example: EUR/USD, GBP/JPY, BTC/USD. This shows which two currencies you want to trade against each other.
Asset type: after choosing the pair, specify whether it’s a forex pair or a crypto pair. This matters because pip value and other parameters differ.
Deposit currency
Account base currency: choose the currency your trading account uses. For example: USD, EUR, GBP. Selecting the account currency is important for accurate lot sizing in your desired currency.
Risk and risk type
Risk amount: specify the risk you consider for each trade, as a percentage of your total account balance or as a fixed money amount.
Risk type: you can set risk as a percent of balance or as a fixed money amount. For example, to risk 2% per trade, choose percent and enter 2.
Account balance
Total account balance: enter your total trading balance for accurate lot sizing.
Stop loss
Stop loss (in pips): specify the distance from entry to your stop loss in pips. The stop is where the position is closed if the market moves against you to limit loss.
Why is calculating lot size important?
- Risk management: By choosing an appropriate lot size, you can increase profit potential without taking excessive risk.
- Control over the trading account: Knowing the right lot size helps you control your account better and avoid large losses.
How lot size is calculated
The exact formula can vary by broker and account type. In general, you consider three main factors:
- Amount you want to risk: the portion of your capital you are willing to lose on a trade.
- Exchange rate of the pair: the current price of the pair you plan to trade.
- Value per pip: the value of a one pip move in the target pair.
Example:
Suppose you want to risk 2% of your capital on EUR/USD. Your capital is 10,000 USD, EUR/USD is 1.2000, and pip value for one standard lot is 10 USD. Then:
- Risk amount = 10,000 × 2% = 200 USD
- Max pips you can lose = 200 / 10 USD per pip = 20 pips
- If your stop distance from entry is 50 pips, then position size = 20 pips / 50 pips per lot = 0.4 lots