Reference
Calculators
Four calculators that do arithmetic on the numbers you type, and nothing else. Every field starts empty, no value is filled in or suggested for you, and each result is printed with the formula that produced it so you can check the number by hand.
Position size
Position size is the number of lots implied by the risk amount and the stop distance you entered.
Formulalots = risk amount ÷ (stop distance in pips × pip value per lot)
Pip value
Pip value is what a one-pip move is worth on the lot size you entered, in your account currency.
Formulapip value = lots × contract size × pip size × quote-to-account rate
Margin required
Margin required is the notional value of the position divided by the leverage you entered, converted to your account currency.
Formulamargin = (units × price ÷ leverage) × quote-to-account rate
Profit or loss
Profit or loss is the price difference multiplied by the units you entered, converted to your account currency.
Formulalong: profit/loss = (exit − entry) × units × quote-to-account rate
Formulashort: profit/loss = (entry − exit) × units × quote-to-account rate
These are arithmetic tools. They work only on the numbers you enter, and they take no account of spreads, commissions, financing or swap charges, slippage, or price gaps — a real trade is settled at prices these formulas never see. Nothing here is a recommendation to trade, and a result is the output of the formula shown beneath it rather than a judgement about any position.
Placeholder text inside an empty field shows the format of the number expected, never a value to use.