Forex Position size Calculator — A very important forex trading tool for every serious forex trader. This is a free Forex tool provided by Asia Forex Mentor that allows you to calculate the correct lot size and units needed to manage your risk accurately. It works with majority of the currency pairs and all you need to do is to fill the details below and press the button “Calculate”:
Pip Value Calculator
Pip value is how much a pip is worth in your account currency. Calculated as: (Pip Size / Exchange Rate) × Lot Size. Pip Size is 0.0001 for most pairs, 0.01 for JPY pairs.
Calculation Results
This tool is for educational purposes and does not constitute financial advice.