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Author: Admin | 2025-04-28
If you need free forex signals or any assistance regarding forex, contact Tg:Joanne0fx Use our Position Size and Risk Calculator to easily calculate the recommended lot size, using live market quotes, account equity, risk percentage and stop loss. What are lots in forex? In forex, a "Lot" defines the trade size, or the number of currency units to be bought/sold in a trade. One Standard Lot is 100,000 units of the base currency. Most brokers also allow trading with fractional lot sizes, down to 0.01, sometimes even less. Fractional lot sizes are categorized as mini lots (0.10), micro lots (0.01) and nano lots (0.001). Please refer to the image above to compare the lots and correspondent currency units. How to use the Position Size and Risk Calculator Instrument: Traders can select from major forex pairs, minors and exotics, several cryptocurrencies, such as BTC/USD, ETH/USD, LTCUSD, XLM/USD and XRP/USD, and a range of commodites, such as Gold, Silver and Oil. Let's choose, for our example, the USD/CAD pair. Deposit currency: The account base currency is important to assess the ideal lot size, as it takes into consideration the pip value and the market rate of the selected cross. We choose USD as our deposit currency, for this example. Stop-loss (pips): Traders should input the maximum number of pips willing to risk in a trade. For this example we will use 100 pips for our stop-loss. Account balance: Pretty straight forward, traders just need to input the account equity. For our example,
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