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Leverage calculator

Lot size, contract size, price and balance: how large the position is next to your own money, and what a one per cent move does to the balance.

Inputs

Trade volume in lots

lots

Units of the base currency in one lot

units

Current price of the pair

price

What the trading account holds now

USD

Position size next to the balance

ExampleYour numbersNot calculated

11.0times the balance

Worked out when the page was built, with example numbers. Change any field and the browser recalculates.Recalculated in this browser with your numbers. Nothing is saved or sent.Fix the marked field; the answer appears then.

Position value
55,000.00USD
A one per cent move in the price
550.00USD
That move as a share of the balance
11.0%

How it is calculated

Effective leverage = position value ÷ balance, with position value = lots × contract size × price. A one per cent price move changes the balance by as many per cent as the ratio.

0.50 × 100,000 × 1.1000 = 55,000.00 USD55,000.00 ÷ 5,000.00 = 11.0

Worked cases, no calculator needed
Three worked cases
InputsResult
Lots 0.50 · Contract 100,000 · Price 1.1000 · Balance 5,00011.0 times the balance
Lots 0.10 · Contract 100,000 · Price 1.2500 · Balance 2,5005.0 times the balance
Lots 1.00 · Contract 100,000 · Price 1.3000 · Balance 2,00065.0 times the balance

What to do next

The position is large next to the balance: a small move against it is a large share of the account.

Effective leverage is not the leverage cap of an account. It is what you actually use, and it is the number that decides how fast losses grow.

This page explains the inputs on the leverage calculator and how to read its result. It is a learning tool, not a signal to trade.

What each input means

Balance is the money in your trading account that you can use as margin. You can find it on the account summary screen of your trading platform. Position size is the full value of the trade you plan to open, not the money you set aside. The platform shows it when you preview an order, and you can also work it out from price and quantity.

The leverage ratio is the setting that links your balance to the position size. Your platform shows it on the order ticket or in the account settings. Price is the current market level of the instrument you are looking at. It appears at the top of the chart and on the order screen. Some platforms also ask for the instrument type, because each market has its own contract size.

How to read the result

The result shows the margin the platform may hold against the position at the stated ratio. It also shows how large the position is compared with your balance. A higher ratio means a smaller margin block, but the exposure to price moves stays the same. Read the two figures together, not the ratio alone.

The result does not include spread, commission or swap, so real costs are higher. It does not cover gaps, where price jumps past your exit level. It does not cover fast price changes between the moment you calculate and the moment you trade. Treat it as one input among several, and check the order ticket before you confirm anything.

A common mistake

A common mistake is changing the ratio until the margin looks small and then treating that as safe. The ratio changes the margin block, not the risk in the position.