Position Size Calculator
Managing risk is a crucial part of successful Forex trading. Use this position size calculator to determine the appropriate trade size based on your account balance, risk tolerance, and stop-loss level.
Simply enter your account balance, choose to risk either a percentage or a fixed dollar amount, and provide your entry and stop-loss prices. The calculator will instantly compute your position size in lots and show you the pip value, helping you make informed trading decisions. This tool is ideal for ensuring that your trades align with your risk management strategy.
Forex Profit/Loss Calculator
Ever wonder how much you're really making (or losing) on a trade? This calculator breaks it down step by step.
Simply enter your trade details—buy or sell, entry and exit prices, lot sizes—and instantly see how your positions would fare across various currency pairs.
First, it calculates your true profit or loss in the quoted currency—that’s the second currency in your pair, where your trade actually settles. Every Forex trade moves in pips, and those pips translate into gains or losses in the quoted currency, not your account currency.
Then, it converts that amount into your account currency, so you can see exactly how much gets credited or debited in your balance. This is exactly how brokers handle P/L behind the scenes—they first settle in the market’s native currency, then apply the exchange rate to convert it to your deposit currency.
Understanding how profits actually flow through the market and into your account can give you an edge. Whether you're backtesting strategies, planning a trade, or just curious about the numbers, this calculator gives you a clear, real-time breakdown—helping you trade smarter, not just harder.