Position Size Calculator

Our Position Size Calculator tells you exactly how many units (or lots) to trade based on your account size, risk percentage and stop-loss — so you never risk more than you intend.

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Supports decimals (e.g., 0.1 pip)

Results

Amount at Risk

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Position Size (units)

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Standard Lots

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Mini Lots

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Micro Lots

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About the Pip Value Calculator

When trading forex, “pips” are the most basic unit of measure.

Pip stands for “percentage in point” or “price interest point”.

A pip is the smallest value change in a currency pair’s exchange rate.

For most currency pairs, a pip is a movement in the fourth decimal place (0.0001), but there are some exceptions like Japanese yen pairs where the movement is in the second decimal place (0.01).

Forex traders often use pips to reference profits or losses. For example, a trader may say
“I made 50 pips on the trade!”

This means that the trader closed a position with a profit of 50 pips. The actual cash amount this represents depends on the pip value, which is what our Pip Value Calculator can help you with.