= $10,000 x 1% / 50 Pips x $10 = 0.2 Standard Lot Using Technology Fortunately, you do not need to calculate your lot size manually. Technology is your best friend if you hate crunching numbers.

Thinking of trading currencies? Before you dive in, it’s important to understand a few key concepts, starting with one of the most fundamental: pips, and how ...

To calculate pips when trading forex contracts for difference (CFDs) with us, you’ll multiply one pip (0.0001) by the lot size you’ll be trading. For example, if you’re trading a standard lot size of ...