0.01 (micro), 0.1 (mini), 1.0 (standard)
Example: 1 = risk 1% of balance
If account ≠ quote, enter how many USD per 1 QUOTE.
Auto-set from selection
Override if your broker differs
FX: 100,000; XAU: 100 oz; XTI: 1,000 bbl
Same distance from entry as stop
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R:R 1:1
Stop distance
– pips
TP distance
– pips
Pip value / lot (account)
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Risk amount
–
Position size (lots)
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Units of base (A)
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Quote currency (B)
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Notes
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How to Use
- Select your account currency and balance.
- Choose risk as a % of balance or a fixed amount.
- Select the instrument and enter entry and stop.
- If account currency ≠ quote currency, provide the B→C conversion.
- Click Calculate to get lots, units, and pip value.
Worked Example
EUR/USD example: Account $10,000, risk 1%, entry 1.1000, stop 1.0950.
Stop distance = 50 pips. Pip value/lot ≈ $10. Risk amount = $100 → lots = 100 / (10 × 50) = 0.20 lots (≈ 20,000 units).
Formulas
lots = risk_amount / (pip_value_per_lot_in_account × stop_pips)
pip_value_per_lot = contract_size × pip_size × (B→C)
Educational use only. This tool ignores spreads, slippage and commissions.