Traders Choice FX Metatrader Broker
Metatrader Forex Broker

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Demo Account

Improve your Trading with our
Risk Management Calculator


A Valuable Tool to Enhance Your Forex Trading Success

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Instructions

Use this tool to input several key parameters into the yellow fields to determine the proper position size for your Forex trades. Your Risk Tolerance Output will be shown in purple and your Position Size and Entry Permission will be shown in green.

  1. Enter your constant value: Pip Size
  2. Enter the parameters for Your Risk Tolerance (Account Size in $, Maximum Single Trade Loss %, Required Risk Reward in units)
    1. Doing so will yield your Risk Tolerance Output (Maximum Single Trade $ Loss, Maximum Pips to Stop)
  3. Enter your Trade logistics (Currency Pair, Buy/Sell, Entry Price, Stop Price, Target Price)
    1. Doing so will yield Your Trade Output (Pips to Stop, Pips to Target, Reward Risk Ratio of the trade)
  4. At the bottom of the calculator (in green) you will see the Maximum Mini and Full Position Size in contracts
    and whether or not you should enter the trade based on your Required Risk Reward

Forex trading involves significant risk of loss and is not suitable for all investors. While you can earn a cash bonus,
you can also lose money due to the inherent risk of trading. Read full disclosure.

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