Forex Position Size Calculator

The Forex Position Size Calculator is an indispensable trading calculator designed to help you manage risk effectively in your Forex trading. By accurately calculating your position size, you can ensure that you don't risk more than a predetermined percentage of your trading account on any single trade.

1. Step 1: Input Account Details
   Enter your total account balance into the 'Account Size' field of this position size calculator. Use only digits, without commas or periods for thousands separators (e.g., enter `100000` for one hundred thousand). Then, select your account's base currency from the 'Account Currency' dropdown list.
2. Step 2: Define Risk Parameters
   Specify the percentage of your account you are willing to risk on a single trade in the 'Risk % of Account' field. For example, enter 1 for a 1% risk, or 0.5 for 0.5%. Use a dot '.' for decimals if needed. Input the distance of your stop loss in pips in the 'Stop Loss (Pips)' field. This is crucial for precise risk management with your fx position size calculator.
3. Step 3: Select Currency Pair
   Choose the currency pair you intend to trade from the 'Select Currency Pair' dropdown. Our trading calculator includes major, minor, and exotic pairs, along with popular commodities like Gold (XAU/USD) and Silver (XAG/USD). You can use the 'Search Currency Pair' box to quickly find your desired pair, making this position size calculator forex ready for any asset.
4. Step 4: Calculate Position
   Click the 'Calculate Position' button. The Forex Position Size Calculator will then display your 'Risk Amount' (the actual money risked), 'Position Size (Units)' (the number of currency units to trade), and the equivalent 'Standard Lots Sizing' based on the provided inputs and daily updated exchange rates. Remember, this trading calculator uses daily rates, which may not reflect real-time market prices, so it's best for planning and educational purposes. Always cross-reference with live market data when executing trades.

* Warning: Exchange rates are updated daily and DO NOT reflect real-time market prices.
Use this tool for educational and risk management planning purposes only.
Actual market conditions may vary significantly.