Position Size Calculator

One of the most important tools in a trader's bag is risk management. Proper position sizing is key to managing risk and to avoid blowing out your account on a single trade.

With a few simple inputs, our position size calculator will help you find the approximate amount of currency units to buy or sell to control your maximum risk per position.

To use the position size calculator, enter the currency pair you are trading, your account size, and the percentage of your account you wish to risk. Our position sizing calculator will suggest position sizes based on the information you provide

What are lot sizes?

  • Lot sizes in trading refer to the volume or quantity of a financial instrument you are buying or selling.
  • In the foreign exchange (forex) market, a standard lot (1 lot) is typically 100,000 units of a currency.
  • Smaller lots include mini lots(0.10 lot) (10,000 units) and micro lots (0.01) (1,000 units).
  • The lot size you choose determines the scale of your trade and the potential gains or losses.
  • It’s a crucial aspect of risk management, allowing traders to control exposure in the market.

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