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Planning calculator

Position size calculator

Work out how many lots to trade so a stop loss hit costs no more than you planned.

  • Formula shown
  • No account needed
  • Updates as you type

Your trade

Major, minor and exotic pairs
Results are converted into this currency
USD
%
Many traders risk 1–2% of the balance per trade.
pips

How it is calculated

  1. risk amount = balance × risk %The most you are willing to lose if the stop loss is hit.
  2. lots = risk amount ÷ (stop loss pips × pip value per lot)Pip value per lot is converted into your account currency.
  3. position = lots rounded down to 0.01Rounding down keeps the real risk at or below your plan.

Illustrative estimates, not investment advice. Check your broker's own contract specifications, rates and fees before you trade. CFDs and leveraged products carry a high risk of losing money.

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Risk warning: Trading forex and CFDs involves a high level of risk and may not be suitable for all investors. You may lose more than your initial investment.