Forex Position Size Calculator

Calculate position size to open given Stop Loss and % of capital to risk

An answer to the question below for Forex market ;

I want to open position and am willing to risk at most some percent of my capital if things go wrong. I (scientifically ?!) calculated my stop loss distance to be some pips away from my (buying/selling) price.

Given all of the above what is the maximum size I should open position with ?

* Pip value for calculated size is displayed along with quote used to calculate position size.

Note : If you know the exact amount to risk and want to do calculation using that amount (instead of % of total capital), then entering that amount as "trading capital" and entering 100 as "max percentage to risk" will do the trick. Thanks to Phil Casey for pointer.

What's New in the Latest Version 1.5