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Home » Calculators » Lot Size Calculator

Lot Size Calculator

by Fxigor

Please you can use this forex lot site calculator below:

Forex lot size calculator represents a calculator that using account balance, stop loss, risk, and currency pair calculates position size in trading units. Final results trader needs to divide with 1000 and round that number to get how many micro-lots wants to trade.

Please visit our page, learn how to calculate lot size in forex in detail.

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Forex lot size formula:

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In step 1, the forex lot size calculator calculates risk percentage based on account balance:
Calculate risk percentage - forex lot size formula

 

In step 2 calculator calculates dollar per pip:

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calculate dollar per pip. Forex lot size formula

In the last step, the forex lot size calculator calculates the number of units (lot size)

forex lot size based on dollar per pip

Lot size calculator example

Example of how to use forex lot size calculator:

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Forex lot size calculator screenshot example

For an initial balance of $5000, $50 stop loss, and 1 risk percentage for currency pair USDJPY results is 10 339 units position size.

So, trade needs to trade with 10 000 units (round number), or 1 mini lot.

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Fxigor
Fxigor
Trader at Leanta Capital
Igor has been a trader since 2007. Currently, Igor works for several prop trading companies.
He is an expert in financial niche, long-term trading, and weekly technical levels.

The primary field of Igor's research is the application of machine learning in algorithmic trading.

Education: Computer Engineering and Ph.D. in machine learning.

Igor regularly publishes trading-related videos on the Fxigor Youtube channel.

To contact Igor write on:
igor@forex.in.rs
Fxigor
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