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Free Trading Tools

Calculators built for real position sizing

Two free tools, both running real calculations — no signup, no placeholder numbers. Use the Pip Calculator to understand pip value, then the Position Size Calculator to translate your risk plan into an actual lot size.

Tool 01

Pip Calculator

Estimate pip value for major Forex pairs and Gold (XAU/USD) across lot sizes and account currencies.

Pip Calculator

LIVE CALCULATION
$0.00USD
Estimated P/L for entered pips
Pip Size0.0001
Value per Pip$0.00
Contract Size100,000
Position Size100,000 units
Reference exchange rates used for currency conversion are indicative and for illustration only — they are not live market data. Always confirm pip values and contract specifications on your broker's trading platform before placing a trade.
Tool 02

Position Size Calculator

Enter your account balance, risk tolerance, and stop-loss distance — get a suggested lot size that keeps risk consistent. See our risk management guide for the full framework behind this tool.

Position Size Calculator

LIVE CALCULATION
Common guideline: 1–2% per trade
0.00 lots 0 units
Suggested position size
Amount at Risk$0.00
Pip Value (1.00 lot)$0.00
Micro-Lot Equivalent0 micro lots
This tool suggests a position size based on the numbers you enter — it does not account for margin requirements, broker-specific minimum lot increments, or overnight financing costs. Always confirm the final trade size fits your broker's account rules.
More Resources

Keep learning

Understanding Pip Value

The mechanics behind the Pip Calculator above, explained from first principles.

Read the article

Risk Management Guide

How much to risk per trade, and why the 1–2% guideline exists in the first place.

Read the article

Compare Brokers

Once your position size is dialed in, compare brokers to find where you'll actually place the trade.

View brokers