The Position Size Calculator will make managing your forex trade sizes a breeze. Be in full control of how much leverage you're using, and know exactly how much you should open based on your risk appetite! 
 
"Position sizing" refers to the number of units invested in a particular security by a trader. Your account size and risk tolerance essentially determine the appropriate position size for you.  In forex, position sizes are measured in "Lots"
 
1 Lot = 100,000 units
0.1 Lots = 10,000 units and
0.01 Lots = 1,000 units of a currency pair.
 
This excel calculator, will help you find the right position size for you, based on your account size, leverage and number of trades you want open!