Parametric Position size
Position size
0.00lots
Enter your risk to size the trade
Risk amount
Units
Pip value
Currency pairInstrument traded
Account balanceIn account currency
Risk per tradePercent of balance
Stop lossDistance in pips
Reference tool. Parametric performs arithmetic on the values you enter. It does not connect to a broker, place orders or give investment advice.
Pip value
0.00USD
Value of one pip for the position below
Per standard lot
Pip size
Units
Currency pairInstrument traded
Position sizeIn standard lots

Common sizes

Required margin
0.00USD
Capital locked to hold this position
Notional
Free margin
Margin used
Currency pairInstrument traded
Position sizeIn standard lots
LeverageAccount leverage
Account balanceFor free margin
Brokers apply their own margin rules, tiers and stop-out levels. Treat this figure as an estimate and check your broker's terms.
Net result
0.00USD
0.0 pips
Gross
Commission
Pip value
Currency pairInstrument traded
DirectionLong or short
Position sizeIn standard lots
Entry priceOpen
Exit priceClose
CommissionPer lot, round turn

Risk and reward

Stop loss priceProtective stop
Take profit priceTarget
SpreadIn pips, for break-even
Risk / reward
Break-even price
Risk in pips
Reward in pips

Preferences

Account currencyUsed across all screens
Default riskPercent per trade
Default leverageApplied on margin screen

Saved calculations

About

Conversion ratesEuropean Central Bank reference rates
Clear saved data0 entries on this device
No accounts, no tracking. Every calculation runs on your device. Preferences and saved entries live in local storage and are never transmitted.

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Trading foreign exchange carries a high level of risk.