Position Sizer

Position Sizer

EarnForex
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About

IronFX is a leading international brokerage operating as the trade name of Notesco Limited. The global online forex broker has been recognised internationally with more than 40 prestigious industry awards. IronFX has grown exponentially, and it currently has more than 1.5 million traders across 180 countries worldwide! 🚀 It provides secure and reliable access to financial markets through its cutting-edge trading platforms, including the industry standard MetaTrader 4, WebTrader, IronFX mobile trading app, IronFX Web Trader app, and TradeCopier.Traders can also enjoy fast and reliable execution with VPS Hosting. A PMAM platform for managing multiple accounts is also available and is ideal for account managers.

About

Position Sizer is a trading panel expert advisor that lets you calculate the position size for your trades based on your risk tolerance, stop-loss, and the trading instrument you are working with. You can execute trades using the panel's interface and keyboard shortcuts. Version of Position Sizer are available for MetaTrader 4 and MetaTrader 5. It also offer multiple additional features, such as margin calculation, swap calculation, risk calculation, breakeven, and trailing stop. There are multiple customization options to configure the calculator according to your trading strategy and the conditions imposed by your broker (or your prop firm). Position Sizer's panel preserves your settings through change of timeframe or currency pair and turning the platform on/off.

Platforms Supported

Windows Not Supported
Mac Not Supported
Linux Not Supported
Cloud Supported
On-Premises Not Supported
iPhone Not Supported
iPad Not Supported
Android Not Supported
Chromebook Not Supported

Platforms Supported

Windows Supported
Mac Not Supported
Linux Not Supported
Cloud Not Supported
On-Premises Not Supported
iPhone Not Supported
iPad Not Supported
Android Not Supported
Chromebook Not Supported

Audience

Anyone interested in an online trading platform

Audience

Traders in Forex, CFD, futures, indices, and stocks

Support

Phone Support Not Supported
24/7 Live Support Not Supported
Online Supported

Support

Phone Support Not Supported
24/7 Live Support Not Supported
Online Supported

API

Offers API Not Supported

API

Offers API Not Supported

Screenshots and Videos

Screenshots and Videos

Pricing

No information available.
Free Version Not Supported
Free Trial Not Supported

Pricing

$0
Free and open-source
Free Version Supported
Free Trial Not Supported

Reviews/Ratings

Overall 4.7 / 5
ease 4.7 / 5
features 4.6 / 5
design 4.6 / 5
support 4.5 / 5

Reviews/Ratings

Overall 5.0 / 5
ease 5.0 / 5
features 5.0 / 5
design 4.8 / 5
support 5.0 / 5

Pros & Cons from Real Users

Pros

  • Nice tradecopier, based on MT4. Trading conditions, especially ECN based accounts with better execution and zero spreads.
  • It has MT4, theres plenty of info about it online, but I will give our experience. Basically, its endless charting, with tons of customizability in everything. The UI colors are the only thing that lacks customization. Otherwise, can create automated strategies, trailing stops, and expert-advisors for anything and everything.
  • trend tools work well. Doing M30 with MACD crosses on gold CFDs. works well enough.
  • Additional trading features that were super useful: analytics by trading central, position size calculators, free education.
  • Gotta admit that ironfx support team was not only friendly, but also competent enough to answer all my questions. I liked how they gave clear replies instead of giving just generic answers.

Cons

  • Setting up MT4 to make it good will take some time. In the end it was worth the effort.
  • Has only mt4, so if you dont like that, tough luck. Also MT4 WebTrader is a bit disappointing to me, not that many features.
  • Spreads on exotic pairs widen on news.
  • Stocks selection could be wider, Asian and European markets in particular…
  • Sometimes they can be slow, but speed is the only aspect which they should work on.

Pros & Cons from Real Users

Pros

  • position sizer makes sticking to firm risk limits effortless. calculates every trade down to the decimal perfect for prop account restrictions
  • i like how position sizer simplifies trade planning. perfect risk control and margin calculations no mistakes even on volatile pairs.
  • position sizer keeps my risk consistent on every trade. no more guessing lot sizes — i just set my stop loss and risk %, and it does the math perfectly.
  • Easy to use and install - couldn't be without it now. Lots of video instructions on youtube about how to use and install - please look up if you get stuck!

Cons

  • switching between instruments takes a few seconds longer than expected.
  • I would love a dark mode option for night sessions.
  • took me a bit to adjust the broker settings right, but once done, it’s smooth.
  • Didn't come precompiled. Video on their download page shows you how to compile and it takes 30 seconds so not really a con but the only downside I could think of.

Training

Documentation Supported
Webinars Not Supported
Live Online Not Supported
In Person Not Supported

Training

Documentation Supported
Webinars Not Supported
Live Online Not Supported
In Person Not Supported

Company Information

IronFX
Founded: 2010
Bermuda
www.ironfx.com/en/

Company Information

EarnForex
Founded: 2005
France
www.earnforex.com

Alternatives

Vantage

Vantage

Vantage Markets

Alternatives

Categories

Categories

Integrations

MetaTrader 4 Not Supported
MetaTrader 5 Not Supported

Integrations

MetaTrader 4 Supported
MetaTrader 5 Supported
Claim IronFX and update features and information
Claim IronFX and update features and information
Claim Position Sizer and update features and information
Claim Position Sizer and update features and information