Free forex lot size calculator for converting between standard, mini, and micro lots with position value calculations and pip value analysis.
Convert between lot types and see position values instantly
Learn from practical lot size examples across different trading levels and account sizes. Click any example to load it into the calculator above.
Perfect for beginners with small accounts ($500-$2,000). Low risk exposure with minimal pip impact. Great for learning position sizing.
Suitable for intermediate traders with medium accounts ($10,000+). Standard professional trading size with significant pip impact.
For experienced traders with large accounts ($50,000+). High-volume trading with substantial profit/loss potential per pip movement.
Ideal for practice accounts or very conservative trading. Equivalent to 0.1 mini lots with controlled risk exposure.
Input the number of lots you want to convert. This can be any decimal value (e.g., 0.1, 1.5, 2.0) depending on your trading needs.
Choose whether your input represents standard lots, mini lots, micro lots, or raw units. The calculator will convert to all other types automatically.
Select the forex currency pair you're trading. Different pairs have different pip values and calculation methods, especially for JPY pairs.
Input the current market price to calculate the total position value in USD. This helps you understand the capital requirement for your trade.
A standard lot equals 100,000 units of the base currency. For EUR/USD, 1 standard lot = 100,000 euros. Each pip movement is worth $10. Standard lots are for experienced traders with larger accounts.
A mini lot equals 10,000 units (1/10 of a standard lot). Each pip is worth $1 for most pairs. Mini lots offer a middle ground between micro and standard lots, suitable for intermediate traders.
A micro lot equals 1,000 units (1/100 of a standard lot). Each pip is worth $0.10 for most pairs. Perfect for beginners to practice with real money but minimal risk.
Choose lot sizes based on your risk tolerance and account size. Risk only 1-2% per trade. A $10,000 account risking 2% should limit losses to $200, which determines your appropriate lot size.
Real-world examples showing different lot types and their pip values
Best for experienced traders with large accounts. High profit potential but requires substantial capital.
Perfect balance for intermediate traders. Manageable risk with meaningful profit potential.
Ideal for beginners and small accounts. Low risk while learning forex fundamentals.
Essential questions about forex lot sizes and position calculations
Still have questions?
You've mastered lot size conversions—now combine them with our position sizing and pip value calculators, then get precise entry signals with our AI-powered Infinity Algo indicator for TradingView. Essential for forex trading success.