100% Free Tool

Forex Position Size Calculator

Calculate the exact lot size for any trade in seconds — forex, gold, oil, and indices. Protect your account with precise risk management.

Trade Parameters

Results

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Standard Lots
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Advanced Risk Tools

Drawdown Simulator

Account impact of consecutive losses

LossesBalanceDrawdownTo Recover
Enter values above

Daily Loss Limit

Max trades before hitting your daily cap

Enter values above

Prop firm traders: Most firms cap daily drawdown at 5%. Set your limit here to stay within the rules.

How the Calculator Works

1️⃣

Select Your Instrument

Pip values differ between EUR/USD, JPY pairs, Gold and indices. Choosing the right instrument is critical.

2️⃣

Enter Account & Risk

At 1% risk, a $10,000 account risks $100 per trade. Professional traders stay at 1–2% max.

3️⃣

Set Entry & Stop Loss

Formula: Lot Size = Risk Amount ÷ (Stop Pips × Pip Value per Lot)

4️⃣

Get Lot Size Instantly

Updates live as you type. Use the Drawdown Simulator to see your worst-case scenarios.

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The Gopipways Trading Academy covers position sizing, stop loss placement, and full risk management strategy — completely free.

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