Educational risk tool

Position Size Calculator

Size forex exposure by defined risk — not guesswork. Enter balance, stop-loss, and pair to see standard lots, units, and capital at risk. Built for mandate context and self-directed learning.

What is one pip worth? Pip value calculator

Trade setup

Account currency

Currency pair

Account balance (USD)

Stop-loss (pips)

Risk per trade

1%of balance

0.25%5%

Recommended size

Standard lots

0.33

33,333 units

Mini lots (0.1)

3.33

Micro lots (0.01)

33.3

Money at risk

$100.00

Per pip (position)

$3.33

Pip value per lot (USD): $10.00 · Pair mid: 1.085

Formula: lots = risk ÷ (stop pips × pip value). Illustrative pip values — not live quotes. Educational only; Kodiac mandate desks use predefined risk parameters instead of manual per-trade sizing.

Set your risk

Pros risk 0.5–2% per trade. Never size by “feeling” — size by how much you can lose if the stop hits.

Define the stop

Stop distance in pips drives position size. Wider stop → smaller lot for the same risk budget.

Match the pair

Pip value differs on JPY pairs, gold, and crosses. Pick the pair you actually trade.

On Kodiac mandate desks

Defined risk parameters govern desk exposure — you don’t manually lot-size each trade. Use this tool to understand risk before you connect a broker. Capital stays with the broker.

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