About PipLedger
PipLedger is a free set of calculators for forex, gold and index traders. It settles the numbers you need before you click buy or sell.
Why it exists
Most traders work out position size on a phone calculator, or skip it and guess. That is how a normal stop loss turns into a much bigger loss than planned. PipLedger does the maths in a few seconds and shows every step of the calculation under the result, so you can check it against your broker instead of taking it on trust.
It works without an account and without downloading anything.
What you can calculate
- Margin: how much of your balance a trade locks up at your leverage.
- Prop firm lot size: the lot size that fits your risk without breaking a funded account's margin rule, such as the 80% limit.
- Profit and loss: what a trade makes or loses between entry and exit.
- Lot size: the position size that makes your stop loss cost exactly what you chose to risk.
- Pip value: what each pip or index point is worth in your account currency.
- Swap: the overnight fee or credit for holding a position, including the Wednesday triple swap.
It covers 38 currency pairs, gold, silver and the NAS100, US500 and US30 indices, with accounts in 10 currencies including USD, EUR, GBP and INR.
Where the numbers come from
Gold and silver prices come from gold-api.com and refresh every minute. Currency rates are the daily reference rates published by the European Central Bank, delivered through the Frankfurter service. Index prices do not update on the site, so you type in the price from your own chart. Contract sizes and pip sizes follow common broker settings, and you can change them to match your broker.
What PipLedger is not
PipLedger is not a broker and does not hold anyone's money. It does not give trading signals, tips or investment advice. The calculators are tools for planning and learning, and your broker's figures are always the final word.
Get in touch
Found a result that doesn't match your broker, or want a calculator added? Contact us.