Position size calculator

Standard lots from balance, risk %, and stop distance in pips — same pip → USD rules as our pip value tool.

Position size (lots)

Enter how much of your account you are willing to risk and how wide your stop is in pips. We suggest a lot size so that if the stop is hit, the loss is close to that risk amount (same pip math as our pip value tool).

Currency pair

Account balance (USD)

Risk per trade (% of balance)

Stop loss (pips)

We first work out how many dollars you are risking, then how much one full lot would lose over your stop in dollars. Lot size is simply “risk dollars ÷ dollars per lot at that stop.” Your broker may round lots — treat the result as a guide.

Important Disclaimer

This tool and all information provided on MyForexTool.com are for informational and educational purposes only. They do not constitute financial, investment, or trading advice.

Trading foreign exchange (Forex), commodities, indices, and futures involves substantial risk of loss and is not suitable for all investors.
Past performance is not indicative of future results. Market conditions can change rapidly and unpredictably.
You may lose some or all of your invested capital. Only trade with money you can afford to lose.
The calculations, tools, and educational content provided are estimates and should not be used as the sole basis for trading decisions.
Always consult with a qualified financial advisor, broker, or professional before making any trading or investment decisions.

By using this tool, you acknowledge that you understand the risks involved in trading and that MyForexTool.com and its operators are not responsible for any losses or damages resulting from your trading decisions.