Protect the account before the trade
Six tools, one job
Each one answers a different question about the same thing: how much can this cost me?
Stop loss
An order that closes your position if the price moves against you to a level you chose. It turns an open-ended loss into a planned one.
Set it on the ticket or edit it laterTake profit
An order that closes your position once the price reaches your target, so a good trade is banked even when you are away from the screen.
Set it on the ticket or edit it laterPosition sizing
Choosing the volume from the loss you can accept, not the other way round. The same stop costs ten times more at 1.00 lot than at 0.10.
Volumes from 0.01 lotRisk / reward
The distance to your stop compared with the distance to your target. It tells you how often you need to be right just to break even.
Check it before every entryMargin level
Equity as a percentage of used margin. It is the single number that shows how much room the whole account has left.
Margin call 100% · stop-out 20%Negative balance protection
A floor under the account. Whatever the market does, you cannot lose more than the money in it.
On every account typeFour questions, in this order
Where am I wrong?
Pick the price at which the idea no longer holds. That is the stop, and it comes before the entry.
What can I lose?
Decide the amount in account currency, as a small share of the balance.
How big is that?
Divide the amount by the stop distance to get the volume. Use the calculator below.
Is it worth it?
Compare the target with the stop. If the reward does not justify the risk, there is no trade.
Start from the loss, end at the lots
Set the share of the account you are prepared to lose and how far away the stop is. The volume follows, along with what a losing streak at that risk would do.
$10 fits a pair quoted in US dollars with a 100,000 contract (100,000 × 0.0001). For anything else, multiply the contract size by one pip or point and convert to USD.
$100.00 ÷ (30 × $10.00), rounded down to 0.01
- Amount at risk
- $99.00
- Target at 1 : 2
- $198.00
Estimate only. It ignores spread, swap and slippage, and a stop loss is not guaranteed to fill at its exact level.
Then check the room you have left
A position ties up margin. See how much, and where the 100% margin call and 20% stop-out sit for the account size.
1.00 × 100,000 × 1.0842 ÷ 100
- Position size
- $108,420.00
- Free margin
- $8,915.80
Estimate in USD at an indicative price of 1.0842. The platform computes the exact margin when you place the order.
These tools limit risk; they do not remove it. In a fast market or across a price gap, a stop loss can be filled at a worse price than the one you set. CFDs are leveraged products and can lose money rapidly.
More in the education center
Rehearse it on a demo
Open a free demo with $10,000 virtual funds and practise placing stops and targets on every order.