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By in Forex Trading Tools | 11 Comments
To use this calculator you will need to understand the following1. Position Sizing – you can learn about it in this article on position sizing here.2. Risk Reward – you can learn about it in this risk reward article here.Use this calculator to easily calculate the correct number of lots to be traded. Simple insert the data and click ‘calculate’ button. The other is the lot size will show at the bottom.

What Currency Pair are you trading?
What is your Account currency?


Units   OR Lots

Other important articles on forex money management are below

About Nial Fuller

is a Professional Trader & Author who is considered ‘The Authority’ on Price Action Trading. He has a monthly readership of 250,000+ traders and has taught 15,000+ students since 2008.
Checkout Nial’s Professional Forex Course here.

Now I want to hear from you! - Click Here to Leave a Comment


  1. Thabo says:

    Hi Nial

    This is a great article for the newbie like myself and would like to thank you for simplifying forex market processes.
    I will be joining your community of traders soon and it will be for my lifetime since I am considering trading as my option for my life.

    Thanks very much and compliments of the new season

  2. Felix Milanzi says:

    Thise articles are very informative and friendly to beginners like myself. God bless you all.

  3. Bernadette Ireland says:

    Really like the position size calculator, saves me time, great idea. Thank you Nial. GRATITUDE

  4. Issa says:

    Very useful. Have been using in all of my trades to calculate my risk. Thanks, Nial

  5. John Dike says:

    A unique and life transforming article. Your type is rare. Pls I’m a beginner and I heard that the forex market don’t favour beginner’s. I need more of your articles to understand and trade without fear. Thanks.

  6. c0de says:

    Thank you! I use this every time I open a new position…

  7. Moeletsi says:

    Thanks a million times Nial

  8. Farkad says:

    Dear Nail.
    I truly every day enjoying more your web site.
    How the settings of the articles are simple, how it is powerful to make newbie like me to understand the game of Forex.
    All what I can say may GOD bless you and have a wounder full Christmas ahead

  9. ALAN says:

    good article on position sizing..THNX

  10. David Bell says:

    The information (alone) that you are giving away for free is amazing, I have honestly learned so much from it and will definitely be joining as a life time member shortly…Strangely enough it is so simply put that you think you should know it already(it is a pure common sense approach) and I would recommend it to anybody.

    David Bell

  11. Michael says:

    That’s whiz Nial. Thanks a million (pip’s)

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