Forex Lot Size Converter
Convert between standard, mini, micro, and nano lots for precise forex position sizing. Calculate pip values, position values, and manage risk effectively across all currency pairs. Essential for traders using our position size calculator and pip value calculator.
Lot Size Converter
Enter lot amount and type to see conversions across all lot sizes, position values, and pip calculations.
Quick Preset Scenarios
Beginner Trader
Intermediate Trader
Advanced Trader
Scalper
Lot Size Conversions
Standard Lots
Mini Lots
Micro Lots
Nano Lots
Pip Value Analysis
Pip Value per Standard Lot
Total Pip Value
10 Pip Movement
50 Pip Movement
Risk Analysis
Risk Amount
Suggested Lot Size
Position Risk
Advanced Lot Analysis
Margin Required
Lot Size Category
Risk Level
Trader Level
Daily Range Impact
Recommended Account
Real Lot Size Examples
Click any example to load it into the calculator and see detailed analysis.
Conservative Trading
Moderate Trading
Aggressive Trading
Scalping Strategy
Understanding Forex Lot Sizes
Lot Size Types
- Standard Lot: 100,000 units of base currency
- Mini Lot: 10,000 units (0.1 standard lot)
- Micro Lot: 1,000 units (0.01 standard lot)
- Nano Lot: 100 units (0.001 standard lot)
Pip Value Calculation
- For USD pairs: 1 pip = $10 per standard lot
- For JPY pairs: 1 pip = $9.50 per standard lot
- Pip value scales proportionally with lot size
- Account currency affects final pip value
Risk Management
- Never risk more than 1-3% per trade
- Calculate position size based on stop loss
- Use smaller lots for volatile pairs
- Consider correlation when trading multiple pairs
Lot Size Reference Chart
| Lot Type | Units | Standard Lot Equivalent | Typical Pip Value (USD) | Minimum Deposit* |
|---|---|---|---|---|
| Standard | 100,000 | 1.0 | $10.00 | $1,000 - $10,000 |
| Mini | 10,000 | 0.1 | $1.00 | $100 - $1,000 |
| Micro | 1,000 | 0.01 | $0.10 | $10 - $100 |
| Nano | 100 | 0.001 | $0.01 | $1 - $10 |
* Recommended minimum deposit varies by broker and leverage
Frequently Asked Questions
What lot size should I use as a beginner?
Beginners should start with micro or nano lots to practice with minimal risk. As you gain experience and confidence, you can gradually increase to mini and standard lots based on your account size and risk tolerance.
How do I calculate the right lot size for my trade?
Determine your risk amount (1-3% of account), set your stop loss in pips, then divide risk amount by (stop loss pips × pip value) to get your lot size. Use our risk calculator above for automatic calculations.
Why do pip values differ between currency pairs?
Pip values depend on the quote currency. For USD-quoted pairs, pip values are consistent. For non-USD pairs, the pip value is converted to your account currency using current exchange rates.
Can I trade partial lots like 0.15 or 2.3 lots?
Yes, most modern brokers allow fractional lot sizes. You can trade 0.01 (micro), 0.1 (mini), or any decimal increment like 0.15, 1.25, etc., giving you precise position sizing control.
Master Forex Position Sizing
Perfect your lot sizing skills with our position sizing and risk management calculators, then enhance your forex trading with our professional AI indicator.