It assumes 1 standard lot is $100,000 so if you use a different lot size the adjust it accordingly. How does it work? It simply takes your equity, risk%, pip value, spread and stop loss to calculate the lot size. A free forex profit or loss calculator to compare either historic or hypothetical results for different opening and closing rates for a wide variety of currencies. To use the position size calculator, enter the currency pair you are trading, your account size, and the percentage of your account you wish to risk. Our position sizing calculator will suggest position sizes based on the information you provide. /official-site-forex-mmsis-groups.html. Partner Center Find a Broker. Therefore, finding the best lot size with a tool like a risk management calculator or something with a desired output can help you determine the desired lot size based on the size of your current accounts, whether practice or live, as well as help you understand the amount you would like to risk. Our pip calculator will help you determine the value per pip in your base currency so that you can monitor your risk per trade with more accuracy. All you need is your base currency, the currency pair you are trading on, the exchange rate and your position size in order to calculate the value of a pip.

High Risk Investment Warning: Trading foreign exchange and/or contracts for difference on margin carries a high level of risk, and may not be suitable for all investors. The possibility exists that you could sustain a loss in excess of your deposited funds and therefore, you should not speculate with capital that you cannot afford to lose. Before deciding to trade the products offered by FXCM you should carefully consider your objectives, financial situation, needs and level of experience. You should be aware of all the risks associated with trading on margin. FXCM provides general advice that does not take into account your objectives, financial situation or needs. The content of this Website must not be construed as personal advice. FXCM recommends you seek advice from a separate financial advisor.

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Lot Size Calculator For Forex and Currency Traders Are you spending too much time on your own to calculate the right lot size on every Forex trade? Do you wish there is a tool which can save you 80% of your time to calculate the correct lot size on demand? 2014 Fastest iOS App to Calculate Lot Size for Your Forex Trades. This is a free app which is designed with the fewest input for traders to specify for calculating lot size in mere seconds. Not only is Lot Size Cal fast, it will fetch live market quotes at the time of execution to determine the most accurate lot size calculation for the trader. Unlike other apps which traders will have to specify live currency prices, Lot Size Cal is programmed to automatically fetch live market data as the trader calculate his lot size to trade at that time. This ensures instantaneous execution and the most accurate lot size calculation for him.

The app is absolutely free. The paid in-app purchase introduces more currency pairs, saves user's last used settings and removes advertisement.