Forex · Lot Sizing
Forex Lot Size Calculator
Work out the maximum lot size that fits your stated risk, using your account balance, risk amount, account currency, and stop distance in pips.
Know the Risk. Make the Trade.
Forex Calculator
Calculate your lot size and pip risk in seconds.
- Pip size
- 0.0001
Position size
0.50 LOTS
- Position units
- 50,000
- Max stated risk
- $100.00
- Actual risk
- $100.00
- Stop distance
- 20 pips
- Pip value
- $5.00
- % of account risked
- 1.00%
What is Forex position sizing?
Forex position sizing is working out how large a position (in lots or units) to trade so that a stop-loss being hit costs no more than the maximum amount you're willing to risk. Because Forex is always quoted as one currency against another, the dollar value of a pip move (and therefore the correct position size) also depends on the currency your account is denominated in.
Standard, mini, and micro lots
A standard lot is 100,000 units of the base currency, a mini lot is 10,000 units (0.10 lots), and a micro lot is 1,000 units (0.01 lots). Saviqor sizes positions in 0.01-lot increments. See the lot-step note below.
Pip value
Pip value (in a pair's quote currency) is the position size in units multiplied by the pair's pip size. For example, a 100,000-unit (1 standard lot) position in a pair with a 0.0001 pip size is worth $10.00 per pip in the quote currency. If your account currency differs from the quote currency, the calculator converts this value into your account currency.
Standard vs. JPY pip size
Most pairs use a pip size of 0.0001 (the 4th decimal place). Pairs quoted against the Japanese yen, such as USD/JPY, use 0.01 (the 2nd decimal place) instead, since JPY has a much smaller unit value. The calculator applies the correct pip size automatically based on the pair you select. There is no separate setting to change.
Account-currency conversion
Three cases are possible. If your account currency matches the pair's quote currency (e.g. a USD account trading EUR/USD), no conversion is needed. If your account currency matches the pair's base currency (e.g. a EUR account trading EUR/USD), the calculator asks for the pair's own natural price ("1 EUR = ? USD") and inverts it internally. Otherwise (e.g. a CAD account trading EUR/USD), it asks for the quote-to-account rate directly ("1 USD = ? CAD").
Why Saviqor may request a manual conversion rate
Saviqor does not use a live market-data feed. Rather than guessing a rate or silently omitting the conversion, the calculator asks you to enter it directly and always states which direction to quote it in, so there's no ambiguity about what number to enter.
0.01-lot assumption and broker minimums
Saviqor assumes your broker supports 0.01-lot (1,000-unit) trading increments. This is a common assumption, but not a universal broker rule. Some brokers require a larger minimum, others allow finer increments. Verify your broker's actual minimum trade size before placing an order.
Worked examples
EUR/USD, USD account, $10,000 balance, 1% risk, 20-pip stop: the calculator recommends 0.50 lots (50,000 units), for an actual risk of $100.00 (1.00% of the account) and a pip value of $5.00.
EUR/USD, CAD account, C$10,000 balance, 1% risk, 20-pip stop, with a conversion rate of 1 USD = 1.35 CAD: the calculator recommends 0.37 lots (37,000 units), for an actual risk of CA$99.90 (0.999% of the account), just under the C$100.00 budget, since 0.37 is the largest 0.01-lot-aligned position that doesn't exceed it.
FAQ
Do you use live exchange rates?
No. Saviqor does not connect to a live market data feed. When a conversion rate is needed, you enter it manually, and the field always states the exact direction to quote it in, for example "1 EUR = ? USD".
Why do you need my account currency?
Pip value and dollar risk are only meaningful in the currency you actually hold. If your account currency differs from a pair's quote currency, the calculator converts pip value into your account currency using the rate you provide.
What if my broker's minimum lot size is different from 0.01?
Saviqor assumes your broker supports 0.01-lot (micro-lot) increments, which is common but not universal. Check your broker's actual minimum trade size before placing an order.
Do you support JPY pairs?
Yes. USD/JPY is supported. JPY-quoted pairs use a pip size of 0.01 instead of the standard 0.0001; the calculator applies this automatically based on the selected pair.
Saviqor is an educational calculation utility and does not provide financial, investment, or trading advice. See the full Risk Disclaimer for details.