TradingTeaching Press · Dubai, UAE Trading is high-risk. Check local laws, your residency rules and your finances. Risk warning
Home/Free Tools/Calculators
Free Trading Tools

Forex Trading Calculators

Calculators for position size, pip value and risk/reward, for use before you place a trade.

01

Position Size Calculator

Calculate the optimal lot size for your trade

Your result

Risk Amount $0.00
Position Size 0.00 Lots
Mini Lots 0.00
Micro Lots 0.00

How to use it

  1. Enter your total account balance
  2. Set your risk percentage: 1% at most, 0.5% in your first year of live trading
  3. Input your planned stop loss in pips
  4. Select your currency pair
  5. Get your optimal lot size instantly
02

Pip Value Calculator

Calculate the value of a pip in your account currency

Your result

Pip Value $0.00
Point Value $0.00
10 Pips Value $0.00

How to use it

  1. Choose your trading currency pair
  2. Enter your position lot size
  3. Select your account currency
  4. See the value per pip movement
  5. Plan your profit targets accordingly
03

Risk/Reward Calculator

Calculate your trade's risk to reward ratio

Your result

Risk/Reward Ratio 1:0.00
Risk (Pips) 0 pips
Reward (Pips) 0 pips
Required Win Rate 0%

How to use it

  1. Input your planned entry price
  2. Set your stop loss price
  3. Define your take profit target
  4. View your R:R ratio instantly
  5. The result is shown risk first: 1:2 means two units of potential gain for one of risk. The books write the same trade reward first, as 2:1

Disclaimer: These calculators are for educational purposes only. Results are approximate and may vary based on broker spreads, market conditions, and exchange rates. Always verify calculations with your broker before placing trades. Trading forex involves significant risk of loss.

The method behind the numbers

The position-size and pip-value methods are taught in Forex Trading Foundations, Chapters 5 and 10, with pip value introduced in Chapter 2.

See Forex Trading Foundations See the free tools

Risk 1% of the account per trade at most, and 0.5% in your first year of live trading. Trading foreign exchange on margin carries a high level of risk and may not be suitable for everyone. See the risk disclaimer.