HonestEdge

Lot Size Calculator

Calculate the optimal lot size based on your account balance, risk tolerance, and stop loss distance.

Inputs

1%
0.1%5%

Change in βš™οΈ Settings

Results

Recommended Lot Size

0.01

lots

$ at Risk

$10.00

Pip Value / Lot

$1.00

0.01 lots

$1.00/pip

0.10 lots

$10.00/pip

1.00 lots

$100.00/pip

300Γ—250 β€” Advertisement

Formula Explained

Lot Size = (Balance Γ— Risk%) Γ· (SL Pips Γ— Pip Value per 0.01 lot Γ— 100)

The pip value varies by pair. For XAUUSD (Gold), 1 pip = $1 per 0.01 lot. For standard forex pairs like EURUSD, 1 pip β‰ˆ $0.10 per 0.01 lot. Always verify pip values with your broker as they can differ slightly based on current exchange rates.

This tool is for educational purposes only. Results are estimates and should not be used as the sole basis for any trading decision. Always verify with your broker. Terms of Use