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Trade Smarter.
Never Risk More Than You Should.

PipWise calculates the exact lot size for your Gold, Forex, Silver, Oil or Crypto trade — based on your account balance, risk percentage, and stop loss. In seconds.

4
Instruments
100%
Free Forever
<1s
Calculation Time
6
Risk Metrics
PipWise
Every Pip Counts

Position Size Calculator

Balance + Risk + SL = exact lot size instantly.

Professional risk management calculator for Forex, Gold, Silver, Oil & Crypto — calculate the perfect lot size in seconds.

Used only to estimate margin

Lot Size
—
lots
Risk Amount—
$ / Pip—
Max Loss—
Take Profit $—
Risk : Reward—
Margin Req.—

PipWise provides position sizing estimates based solely on the inputs you supply. These figures represent a mathematical approximation and do not account for several real-world factors that directly affect your actual risk exposure.

Bid-Ask Spread
The spread charged at entry effectively widens your stop loss, increasing your true risk above the calculated amount.
Broker Commission
Many brokers levy a per-lot commission on each round trip. These charges are additive to your calculated risk.
Swap & Overnight Financing
Positions carried overnight may accrue swap charges based on the interest rate differential of the instrument.
Contract Size Variance
Standard specs: Gold 100 oz, Silver 5,000 oz, Oil 1,000 bbl. Use Custom to match your broker's exact terms.
Slippage & Execution Risk
In fast-moving markets, stop loss orders may fill at a price materially different from the level specified.
Margin & Leverage
The margin estimate requires a current market price and is approximate. Actual requirements are set by your broker.

No Financial Advice. This tool is for educational and risk-planning purposes only. Nothing herein constitutes financial advice or a recommendation of any specific instrument, strategy, or position size. Trading leveraged products involves a substantial risk of loss. You are solely responsible for all trading decisions.

PipWise For informational use only — not financial advice © 2025 PipWise. All rights reserved.
How It Works

3 Inputs. Exact Lot Size.

No complex formulas. No spreadsheets. Just enter three numbers and get your position size instantly.

1
Enter Your Balance & Risk %
Type your account balance in USD and the percentage you're willing to risk on this trade. Most professional traders use 1–2%.
2
Set Your Stop Loss
Enter your stop loss in pips or as a price difference. PipWise supports Gold, Silver, Oil and Bitcoin with correct contract sizes.
3
Get Your Exact Lot Size
PipWise instantly calculates your lot size, dollar per pip, max loss, take profit, Risk:Reward ratio, and margin required.
Supported Instruments

Built for the Markets You Trade

🥇
Gold
XAUUSD · 100 oz/lot
🥈
Silver
XAGUSD · 5,000 oz/lot
🛢️
Crude Oil
USOIL · 1,000 bbl/lot
₿
Bitcoin
BTCUSD · 1 BTC/lot
Recommended Brokers

Trade With a Trusted Broker

We've handpicked brokers with tight spreads on Gold & commodities, fast execution, and support for Indian traders.

Exness
⭐ TOP PICK
Ultra-low spreads on Gold from 0.1 pips. Instant withdrawal. Leverage up to 1:2000. Popular with Indian traders.
Regulated (CySEC, FCA) INR Deposit MT4 + MT5
Open Account
XM Group
🇮🇳 INDIA FRIENDLY
$30 no-deposit bonus. Micro lots available. 24/7 Hindi support. Excellent for beginners starting with small capital.
ASIC, CySEC Regulated $5 Min Deposit Free Bonus
Open Account
IC Markets
🔥 LOW SPREAD
Raw spreads from 0.0 pips on Gold. Best for scalpers and algorithmic traders. High liquidity, fast execution.
ASIC Regulated cTrader + MT5 ECN Execution
Open Account
Pepperstone
TRUSTED
Award-winning broker. Tight spreads, fast withdrawals. Excellent Gold trading conditions. Suitable for all levels.
ASIC, FCA, DFSA MT4/5 + cTrader 24/7 Support
Open Account

⚠️ Affiliate disclosure: Some broker links above may be affiliate links. Opening an account through these links supports PipWise at no extra cost to you. We only recommend brokers we believe offer genuine value to traders.

Why PipWise

Built for Serious Traders

No Data Stored on Servers
All calculations happen in your browser. Your balance, risk, and trade data never leaves your device.
Correct Contract Specs
Gold (100 oz), Silver (5,000 oz), Oil (1,000 bbl) — standard industry specs. Custom contract size also supported.
Remembers Your Settings
Your last inputs are saved automatically. Come back to the page — your balance, risk, and SL are still there.
FAQ

Common Questions

A standard lot is 100,000 units of the base currency. For Gold (XAUUSD), 1 lot = 100 troy ounces. For Silver, 1 lot = 5,000 oz. Your broker may offer mini lots (0.1) and micro lots (0.01) as well.
Most professional traders risk 1–2% of their account per trade. This means even 10 consecutive losses would only reduce your account by 10–20%. Risking more than 5% per trade significantly increases the chance of blowing your account.
The minimum tradable lot is 0.01 (micro lot). If your balance is small or your stop loss is very large, the mathematically correct lot size may fall below this minimum. In this case, either increase your balance, widen your risk %, or tighten your stop loss.
In Pips mode, you enter your stop loss as a number of pips (e.g. 150 pips). In Price Difference mode, you enter the actual price gap between your entry and stop loss (e.g. if Gold entry is $3,300 and SL is $3,285, the price difference is $15.00). PipWise converts it to pips automatically.
PipWise uses standard industry contract sizes. Most brokers follow these specs. However, some brokers use non-standard contract sizes — for example, some offer Gold at 10 oz/lot instead of 100 oz. Always check your broker's instrument spec sheet and use the "Custom" contract size option if needed.

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