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
Mac
Linux
Cloud
On-Premises
iPhone
iPad
Android
Chromebook

Platforms Supported

Windows
Mac
Linux
Cloud
On-Premises
iPhone
iPad
Android
Chromebook

Audience

Anyone interested in an online trading platform

Audience

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

Support

Phone Support
24/7 Live Support
Online

Support

Phone Support
24/7 Live Support
Online

API

Offers API

API

Offers API

Screenshots and Videos

Screenshots and Videos

Pricing

No information available.
Free Version
Free Trial

Pricing

$0
Free and open-source
Free Version
Free Trial

Reviews/Ratings

Overall 4.6 / 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

  • I made a nice profit trading XAUUSD via MT4 terminal. The indicators have been applied on the chart smoothly, and pricing on gold was great in terms of cost-efficiency.
  • Broker is good for trading. I mostly emphasize swing trading, holding for several days and even weeks. I like that I can hedge here because I have access to every financial market.
  • Affordable trading platform and good selection of accounts. And raw account type has excellent spreads on forex
  • Their education stuff isn’t perfect, but it’s real. I spent a few evenings watching their videos or smart money analysis and suddenly started seeing the market differently.
  • 1. Good trading conditions with raw spreads and small commissions. 2. ECN executions on the platform, which mattering for scalping

Cons

  • Where’s my MT5? Or at least other trading platform?
  • To be honest, I would like to see full integration with TradingView - hmm, why not..
  • Only metatrader is offered as a trading engine, bit limiting
  • For some reason they stopped holding online webinars on YouTube. Bring them back!
  • 1. Lack of distinctive features. 2. Short FAQ section

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
Webinars
Live Online
In Person

Training

Documentation
Webinars
Live Online
In Person

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
MetaTrader 5

Integrations

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