HomeTop 10 Lot Size Calculators in the UKBeginner's GuideTop 10 Lot Size Calculators in the UK

Top 10 Lot Size Calculators in the UK

If you’ve been trading for a while, you know that lot size calculators are an essential part of the toolkit. They take the guesswork out of position sizing, helping you manage risk like a pro. But with so many options out there, how do you know which calculator to use?

Well, you’re in the right place. I’ve rounded up the top 10 lot size calculators available in the UK, complete with insights into what makes each one stand out.

Let’s dive in, shall we?


1. Lot Size Calculator (lotsizecalculator.co.uk)

Lot Size Calculator - The UK's Best Lot Size Calculator

We’re starting with the king of lot size calculators—and no, I’m not just saying that because it’s our website! Lot Size Calculator is the Swiss Army knife of trading tools. It goes beyond the basics, offering:

  • Advanced Risk Management Features: Input your account size, risk percentage, stop-loss distance, and currency pair to get precise lot sizes.
  • Volatility Adjustments: Highlights whether a trade is high, medium, or low risk based on historical volatility.
  • Multi-Asset Support: Works for forex, commodities, indices, and even cryptocurrencies.
  • Educational Tips: Provides guidance on risk management and position sizing.

If you want a calculator that’s intuitive, reliable, and packed with features, this is the one.


2. MyFXBook Lot Size Calculator

MyFXBok Lot Size Calculator

MyFXBook is a well-known name in the trading world, and their lot size calculator is a solid choice for traders of all levels. What makes it great?

  • User-Friendly Interface: Simple and clean design that’s easy to navigate.
  • Customizable Inputs: Supports account currency, risk percentage, and stop-loss distance.
  • Integration with MyFXBook: If you’re already using their other tools, this calculator fits seamlessly into your workflow.

While it doesn’t have all the bells and whistles of Lot Size Calculator, it’s a reliable option that gets the job done.


3. Cashback Forex Lot Size Calculator

Cashback Forex lot Size Calculator

Cashback Forex is another reputable name in the industry, offering a calculator that’s both simple and effective. Here’s what to expect:

  • Multi-Currency Support: Works with most major account currencies.
  • Detailed Outputs: Includes margin requirements and pip values.
  • Broker Integration: Syncs with supported brokers for real-time calculations.

It’s a fantastic choice if you’re looking for a straightforward tool that doesn’t sacrifice accuracy.


4. BabyPips Lot Size Calculator

BabyPips Lot Size Calculator

If you’ve ever Googled anything about forex trading, chances are you’ve landed on BabyPips. Their lot size calculator is as beginner-friendly as their website.

  • Simplicity: Designed for traders who are just starting out.
  • Educational Focus: Explains the basics of position sizing alongside the calculator.
  • No-Frills Design: Perfect if you want quick calculations without any distractions.

While it’s not the most advanced option, it’s a great starting point for new traders.


5. HowToTrade Lot Size Calculator

HowtoTrade Lot Size Calculator

The HowToTrade lot size calculator is an easy-to-use tool designed to simplify risk management. It’s perfect for traders who want a quick and reliable solution without unnecessary complexity. Here’s what it offers:

  • User-Friendly Interface: Clean, straightforward design that’s great for beginners and experienced traders alike.
  • Customizable Settings: Adjust risk percentage, account size, and stop-loss distance.
  • Focus on Education: As part of HowToTrade’s broader platform, it’s backed by educational resources to help you understand position sizing better.

This calculator is a strong contender for anyone looking for simplicity and effectiveness.


6. Dukascopy Position Size Calculator

Dukascopy Forex Lot Size Calculator

Dukascopy’s position size calculator is a robust tool for traders who value precision and detail. As part of the Swiss broker’s suite of resources, it offers:

  • Advanced Inputs: Customize your risk percentage, stop-loss distance, and leverage.
  • Real-Time Data: Provides accurate calculations based on current market conditions.
  • Multi-Currency Support: Works for forex, commodities, and indices.

It’s a fantastic choice for traders who appreciate the reliability and transparency that Dukascopy is known for.


7. EarnForex Lot Size Calculator

Earn Forex Lot Size Calculator

EarnForex is another trusted resource for traders, and their lot size calculator doesn’t disappoint. Key features include:

  • Multi-Language Support: Perfect for non-English speakers.
  • Customizable Settings: Adjust risk percentages, stop-loss distances, and more.
  • Detailed Explanations: Helps you understand the calculations.

It’s a reliable choice for traders who value clarity and simplicity.


8. FXTM Pip Size Calculator

FXTM Pip Size Calculator

Whilst not strictly a ‘Lot Size Calculator’, FXTM’s calculator is designed with their clients in mind but is also accessible to non-users. Highlights include:

  • Comprehensive Inputs: Covers everything from leverage to margin requirements.
  • User-Friendly Design: Clean interface that’s easy to use.
  • Multi-Asset Support: Works for forex, commodities, and indices.

If you’re an FXTM client, this calculator is a great companion.


9. TradingView Pip and Lot Size Calculator

TradingView Simple Lot Size Calculator

While TradingView is best known for its charting capabilities, it also offers a handy lot size calculator. There are quite a few, but our favourite is the (Simple) Lot Size Calculator Here’s what makes it stand out:

  • Integration with Charts: Calculate lot sizes directly from your charts.
  • Customizable Features: Supports various account currencies and risk parameters.
  • Community Tools: Access additional calculators and scripts created by other traders.

It’s perfect for traders who already rely on TradingView for their analysis.


10. IG Lot Size Calculator

IG Forex Lot Size Calculator

IG is one of the UK’s leading brokers, and their lot size calculator is a solid addition to their suite of tools. Features include:

  • Broker Integration: Tailored for IG’s trading platform.
  • Multi-Asset Support: Works for forex, stocks, and indices.
  • Educational Resources: Includes guides on risk management and position sizing.

If you’re trading with IG, this calculator is a natural choice.


Final Thoughts

Lot size calculators are an essential tool for traders of all levels. Whether you’re a beginner looking for simplicity or an experienced trader seeking advanced features, there’s a calculator out there for you.

While all the options on this list are excellent, Lot Size Calculator (lotsizecalculator.co.uk) stands out for its versatility, ease of use, and advanced features. It’s designed to make risk management effortless, whether you’re trading forex, commodities, or crypto.

But don’t just take my word for it. Explore the options, find the one that fits your needs, and make it an integral part of your trading routine. Because when it comes to trading, managing risk isn’t just important—it’s everything.

author avatar
James
James is a full-time trader, trading both his own capital and for the leading prop firm in the world. With 10+ years of trading experience & knowledge of lot size calculations, trading tool development and trading experience, he now runs Lot Size Calculator for UK traders.

The information provided on the website is for informational  and entertainment purposes only and not any type of financial or trading advice. All content on this website is based on individual experience and journalistic research. Lot Size Calculator and its authors are not liable for how information is used or any trading decisions made on the basis of the information provided.

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