Trading with the correct size of your position is a crucial part of risk management. With the Switch Markets lot size calculator, you can easily stay on top of your risk and minimise the human error factor.
In just a few simple steps, you can calculate the correct lot size for your trade depending on your desired risk.
Select the instrument you’re trading and the base currency of your trading account
Fill in the entry level and the stop loss for your planned trade
Fill in the size of your account
Select your desired risk (either % of your account balance or a fixed amount)
Click “Calculate” and let our lot size calculator do the hard work for you
Stop loss level
Switch Markets is one of the best retail forex brokers available. Our tight spreads, competitive pricing structures, deep liquidity and 24/5 support make us a great choice for any trader serious about their success.
As if that wasn’t enough to make up your mind, if you open a live account with Switch Markets, we will give you a free VPS! Located in the data centers right next to our servers, it will allow you to trade with latency as low as 1ms. No more slippage!