Position Size Calculator
Position size calculator is a handy tool for estimating the right size of your trade to avoid excessive risks. The optimum position sizing is the first key for better risk management and hence position size calculation is the first step for managing the risk while you are about to enter a Forex trade. This online calculator helps in calculating the optimum position size as well as in determining the amount you will be risking for that Forex trade. Please note that the we may be going long or short on one currency pair but our account currency may be a currency which is not a part of that currency pair. In such case it is more important to calculate the position size which is best to minimize the risk in terms of our account currency.
The following online Position size calculator lets you to calculate the size of the position in units and lots to accurately manage your risks. It works with all major currency pairs and crosses. It requires the minimum input values, but allows you to tune it finely to your specific needs. Please fill the required fields in the following form and click on the “Calculate” button. The explanation for determining the position size is below the calculator: