Pip Calculator
Find the value of one pip for XAU/USD and major pairs, in USD.
Use it before you set a stop loss or take profit, so you know how many pips equal how many dollars.
- Instrument
- Lots
- Pips
Example 1 lot XAU/USD = $1.00/pip
Open toolTrading calculators for gold traders
Ten calculators for gold and forex traders. Each one shows its formula, runs in your browser, and sends nothing anywhere.
- Free
- No data stored
- Formula shown
Sizing and cost
Before you place a trade
Get the lot size, pip value, and margin right before you open a position.
Lot Size Calculator
Work out the right lot size from your account balance and the risk you accept per trade.
Use it every time before you place a trade, to keep your risk per trade within your plan.
- Account balance
- Risk %
- Stop Loss
- Instrument
Example $1,000 account, 2% risk, SL $2.00 = 0.10 lot
Open toolMargin Calculator
Find the margin your broker sets aside for a position, from lot size, price, and leverage.
Use it before you open a position, to see how much of your balance it locks up as margin.
- Instrument
- Lots
- Leverage
- Account balance
Example 0.10 lot XAU/USD @ $2,400, 1:500 = $48.00
Open toolPosition math
What a move is worth
Turn a price move into a dollar result, and see the leverage or gold value behind it.
Profit/Loss Calculator
See what a trade makes or loses between its open and close price, in pips and USD.
Use it after a trade closes, or to test a plan before you open one.
- Instrument
- Buy / Sell
- Lots
- Open price
- Close price
Example Buy 0.10 lot XAU/USD, $2,400 → $2,412.50 = +$125.00
Open toolLeverage Calculator
Work out the leverage a position actually uses, from its notional value and your account balance.
Use it to see how aggressive a position really is, whatever leverage your broker offers.
- Instrument
- Lots
- Account balance
Example 0.5 lot XAU/USD @ $2,400 on $2,000 = 1:60
Open toolGold Price Converter
Convert spot gold into a price per gram at any karat, and back, then value an item by its weight.
Use it when you want the value of a gram of gold at a given karat, or of a piece you own, at today's spot price.
- Spot price or price per gram (enter either side)
- Karat (24k to 10k)
- Weight and local currency (optional)
Example spot $4,150 at 22k = $122.22/g
Open toolRisk over time
What a run of trades does to your account
See what a string of losses or gains does to a balance over many trades.
Drawdown Calculator
See how a string of consecutive losses shrinks an account, trade by trade.
Use it to see why a big loss needs an even bigger gain to recover from.
- Account balance
- Periods
- Loss per trade
Example 10 losses at 2% each = 18.29% drawdown
Open toolRisk of Ruin Calculator
Estimate the odds that a run of trades drags your account down to a loss level you set.
Use it to compare position-sizing choices before you commit to one.
- Win rate
- Avg win / avg loss
- Risk per trade
- Number of trades
Example 45% win rate, 1.5 R:R, 2% risk, 100 trades = 12.13%
Open toolCompounding Calculator
Project how an account grows when each period's gain is reinvested.
Use it to see the difference reinvesting profit makes over many periods.
- Account balance
- Periods
- Gain per period
Example $1,000 at 5% for 12 periods = $1,795.86
Open toolFunded accounts
Staying inside a prop firm's rules
Know the balance you must stay above today and overall, before a loss rule ends the account.
Prop Firm Drawdown Calculator
See how much you can still lose today and overall before a prop firm account breaks its rules.
Use it at the start of each trading day on a funded or evaluation account, to know how many losses the rules still allow.
- Account size
- Daily and max loss
- Static or trailing
- Balances
- Risk per trade
Example $100k, 5% daily, 1% risk = 4 losses left today
Open toolUsing them together
Plan a position, then stress-test it
Size a trade, check it fits your account, then see how it holds up over a long run of trades.
- 1
Turn your risk into a lot size
Enter your account balance and the risk percentage you're willing to take, and it works out the right lot size instantly.
Open the Lot Size Calculator - 2
Check the position fits your account
See how much of your balance that lot size locks up as margin, and how much stays free.
Open the Margin Calculator - 3
Stress-test the plan over many trades
Run the same risk per trade through a simulation of many trades, and see the odds it wipes out your account.
Open the Risk of Ruin Calculator
Caution
These numbers come from standard formulas. Individual brokers may define contract size or pip units differently, so always check them against your own account's specs.
FAQ
About the calculators
Do the tools store what I enter?
No. Every calculation runs on JavaScript in your browser only, and nothing is sent to any server. Close the page and whatever you entered is gone immediately.
Will the numbers match what my trading platform shows?
Very close, but not always exact, because brokers can define contract size, pip units, or fees slightly differently. Treat these numbers as an estimate, and check them against your actual account specs before every trade.
Why does the Risk of Ruin Calculator give a probability instead of a yes or no?
No formula can tell you whether one specific trading plan will survive, because trade outcomes are random. The calculator runs thousands of simulated sequences using your win rate and risk settings, and counts how many of them hit your loss level. That share is the probability, a way to compare plans against each other, not a forecast of what will happen to your account.
Learn more
Want to understand where the formulas come from? Go to the related lessons.
Lesson 03: Pips, Lots and Contract Size
The three units that turn a price move into an amount of money.
Go to this lesson →Lesson 01: Position Sizing From a Fixed Risk
How to set risk per trade, place a stop, and size a position with the Lot Size Calculator above. Then see how those choices play out over time with the Drawdown, Risk of Ruin and Compounding Calculators.
Go to this lesson →