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Free forex calculators

Lot size decides how much a losing trade costs you. These calculators work it out from your balance, your risk and your stop, for currency pairs, gold and prop firm accounts.

Which calculator do you need?

  • Trading a currency pair? The position size calculator turns your risk and stop loss in pips into a lot size, and converts pip values when the pair is quoted in another currency.
  • Trading gold? The gold lot size calculator works in dollars of price movement, so it gives the same answer whatever your broker calls a pip.
  • On a prop firm challenge? The prop firm drawdown calculator shows how much you can still lose today and overall, and where to set an EA’s equity guard.

All three run in your browser. Nothing you type is stored or sent anywhere; the position size calculator only downloads the day’s exchange rates.

Setting up an expert advisor? Our help center covers installing an EA, loading set files and fixing an EA that won’t trade.