Lot Size & Pip Risk Calculator
The #1 rule of a funded trader is risk management. Calculate your exact lot size, pip value, and dollar risk per trade before placing any order. Built for forex pairs, gold (XAU/USD), indices, and crypto.
Why This is the Best Forex Trading Calculator
Managing risk is the single most important skill a trader can master. Whether you are trading a personal account or taking a funded prop firm challenge, using an accurate forex position size calculator is non-negotiable. Without it, you are simply gambling.
How to Use the Position Size Calculator
Our free trading calculator removes the guesswork from risk management. Simply follow these steps before executing any trade:
- ✓Account Balance & Risk: Enter your total capital and strictly risk between 0.5% and 1% per trade.
- ✓Automated Pip Calculation: Type your Entry Price and Stop Loss Price. The engine calculates pip distance automatically.
- ✓Risk to Reward Ratio (Optional): Input your Take Profit Price to see your exact R:R ratio before entering the trade.
- ✓Currency Selection: Choose from 28+ forex pairs and metals including XAU/USD Gold.
The Secret to Passing Prop Firm Challenges
Firms like FTMO, The5ers, and FundedNext are designed to fail traders who lack discipline. By strictly risking 0.5%–1% per setup, you mathematically protect your capital and survive losing streaks.