Position Size Calculator

How it’s calculated

The math is straightforward. The hard part is getting the pip value right when your account currency differs from the pair’s quote currency.

1. Risk amount    = Account balance × Risk %
2. Pip value      = Lot size × Pip size  (in quote currency)
                  → converted to account currency if needed
3. Position size  = Risk amount ÷ (Stop loss × Pip value)

One standard lot = 100,000 units of the base currency. Pip size = 0.0001 for most pairs, 0.01 for JPY pairs. For Gold (XAU/USD) we use 100 oz per lot and pip size 0.01.

Always verify against your broker’s position size tool before entering a live trade. Default exchange rates are placeholders and should be updated to reflect current market prices.