Convert mini lots into units, standard-lot equivalents, pip exposure, notional exposure, estimated stop risk, and margin.
STEP-BY-STEP
How to use this tool
- Enter the number of mini lots.
- Confirm the units represented by one mini lot for the exact symbol.
- Enter the current pair price and pip value for one mini lot in the account currency.
- Add the planned stop distance.
- Enter the symbol’s applicable leverage.
- Review the equivalent standard lots, pip exposure, risk, and margin.
- Verify the converted quantity and costs in the order preview.
WORKED EXAMPLE
See the calculation in context
One 10,000-unit mini lot equals 0.10 standard lots. At about $1 per pip, a 25-pip stop estimates $25 of price risk before costs.
Calculation method
Position units = mini lots × units per mini lot. Standard-lot equivalent = units ÷ 100,000. Pip exposure = mini lots × pip value per mini lot. Estimated margin = units × price ÷ leverage.
AVOID THESE ERRORS
Common mistakes
- Confusing one mini lot with 0.01 standard lots
- Assuming every platform accepts mini-lot notation
- Using a $1 pip-value estimate for every pair and account currency
- Ignoring the symbol’s actual contract size
- Rounding quantity upward
- Ignoring costs and currency conversion
FREQUENTLY ASKED
Questions and answers
How many units are in a mini lot?
A common forex convention is 10,000 units, or 0.10 of a 100,000-unit standard lot. Verify the symbol specification.
Is a mini lot always about $1 per pip?
No. Pair structure, price, contract size, and account currency can change the pip value.
Can I enter 2.5 mini lots?
The calculator can, but the platform’s minimum size and increment determine whether that order quantity is accepted.