Calculate the correct lot size based on risk tolerance
The lot size calculator determines the correct position size in forex lots based on your risk tolerance and stop loss distance.
A standard lot is 100,000 units, a mini lot is 10,000, and a micro lot is 1,000. The formula divides your risk amount by (stop loss pips × pip value) to find the correct lot size.
This ensures you never risk more than your intended percentage regardless of the pair or stop loss distance.