This calculator helps you determine the optimal trade size based on your account balance, risk tolerance, and stop loss. Input your account balance, the percentage you’re willing to risk, your stop loss in pips, and your leverage to get the recommended lot size for your trade.

Calculate the monetary value of pips for your XAUUSD trade. Enter your trade size in lots and the number of pips for your stop loss or take profit. The pip value tells you how much money you gain or lose per pip movement. For XAUUSD, 1 standard lot = $10 per pip.

Determine exactly how much money you’re risking on a trade. Enter your account balance, trade size in lots, and stop loss in pips. This shows your potential loss in USD if the trade hits your stop loss, helping you manage risk effectively and stick to your trading plan.

Calculate the margin required to open a position. Margin is the amount of money you need in your account as collateral for a leveraged trade. Enter your trade size, leverage ratio, and current XAUUSD price to determine how much margin is required. Understanding margin helps prevent margin calls and account liquidation.