Forexogram

Risk Management

Forex Position size calculator

Four essential Position size calculator in one place. Switch between position size, margin, pip value and profit/loss — every result is converted into your account currency using the latest daily reference rate.

Account currency

The currency your trading account uses. Risk, margin and profit estimates are converted into this currency.

Account balance

Your current account balance in the selected account currency. This is the starting amount used to calculate your risk budget.

Currency pair · base

The first currency in a forex pair. For EUR/USD, EUR is the base currency.

Currency pair · quote

The second currency in a forex pair. A price shows how much quote currency buys one unit of the base currency.

Risk percentage (%)

The percentage of your account balance you are prepared to lose if the stop loss is reached. Balance × risk percentage gives the cash risk.

Most traders use 0.5%–2% per trade.

Stop loss (in pips)

The distance between entry and stop loss in pips. One pip is usually 0.0001, or 0.01 for pairs quoted in JPY.

Enter the distance from entry to stop.

Calculations run in your browser. Rates are mid-market reference rates; your broker’s spread, commission and margin rules can differ.