Work out forex position size instantly with clear inputs, formula shown and shareable results.
Working from rates rather than pips, the position size is the risk budget divided by the rate distance to the stop. This handles any pair and any pip convention without conversion errors.
Position size
Units = (balance × risk %) / |entry rate - stop rate|
Figures are estimates for planning only. Market returns are not guaranteed, and rates, limits and tax rules change. This is not financial or tax advice — speak to a qualified adviser before acting.
It avoids pip convention mistakes across pairs, particularly yen crosses.
Yes. Add it to the stop distance, otherwise the real risk exceeds your budget.