Measure account risk, lot size, margin, and reward. Compare scenarios before entering volatile currency positions. Make disciplined trade decisions using consistent money management rules.
| Scenario | Balance | Risk % | Entry | Stop | Target | Spread | Commission | Illustrative Final Lot |
|---|---|---|---|---|---|---|---|---|
| Conservative EURUSD | 10,000 | 1.00 | 1.0850 | 1.0820 | 1.0910 | 1.2 | 7.00 | 0.30 |
| Balanced GBPUSD | 25,000 | 1.50 | 1.2680 | 1.2635 | 1.2770 | 1.5 | 7.00 | 0.74 |
| Tighter Setup USDJPY | 15,000 | 0.75 | 151.20 | 150.90 | 151.95 | 1.0 | 7.00 | 0.34 |
These rows are illustrative examples. Use your broker specifications for final trading decisions.
Risk Amount = Account Balance × (Risk Percent ÷ 100)
Stop Distance In Pips = |Entry Price − Stop Loss Price| ÷ Pip Size
Target Distance In Pips = |Take Profit Price − Entry Price| ÷ Pip Size
Pip Value Per Lot = Contract Size × Pip Size × Quote To Account Rate
Commission Pips Equivalent = Commission Per Lot ÷ Pip Value Per Lot
Effective Risk Pips = Stop Pips + Spread + Slippage + Commission Pips Equivalent
Effective Risk Per Lot = [(Stop Pips + Spread + Slippage) × Pip Value Per Lot] + Commission Per Lot
Raw Lot Size = Risk Amount ÷ Effective Risk Per Lot
Margin Per Lot = (Contract Size × Entry Price × Quote To Account Rate) ÷ Leverage
Final Lot Size applies raw size, portfolio cap, usable margin cap, and broker lot step.
Net Reward = {[(Target Pips − Spread − Slippage) × Pip Value Per Lot] − Commission Per Lot} × Final Lot Size
Net Risk Reward Ratio = Net Reward ÷ Actual Risk Amount
If your account currency matches the pair quote currency, enter 1 for the quote to account rate.
Enter your account balance and the percent you want to risk on one trade.
Fill in entry, stop loss, and take profit prices exactly as planned.
Add leverage, contract size, and pip size for your trading symbol.
Enter the quote to account rate when conversion is needed.
Add spread, slippage, and commission to estimate real trading cost.
Use current open risk and total risk cap to control portfolio exposure.
Set usable margin percent and broker lot step for a practical position size.
Submit the form and review lot size, margin, net reward, and risk headroom.
Use the CSV or PDF buttons to save your result summary.
Many traders use 0.5% to 2% per trade. Smaller percentages usually reduce drawdown pressure and help protect capital during losing streaks.
It converts pip value and margin into your account currency. Use 1 when your account currency already matches the pair quote currency.
Yes. Spread, slippage, and commission are included in effective risk. That gives a more realistic position size than a clean stop distance alone.
Leverage does not change the stop loss distance itself. It changes required margin and how much position size your account can support.
Broker lot step rounding, margin limits, or portfolio caps can reduce final lot size. That lowers actual risk below the original risk target.
Yes, if you enter the correct contract size, pip size, and conversion rate. Always verify broker specifications before using non forex symbols.
It prevents several open trades from stacking too much exposure at once. This is useful when positions are correlated or market volatility expands suddenly.
Lower your risk percent, avoid correlated trades, respect portfolio limits, and keep trading costs realistic before increasing size.
Important Note: All the Calculators listed in this site are for educational purpose only and we do not guarentee the accuracy of results. Please do consult with other sources as well.