XAGUSD lot size calculator
A standard XAGUSD lot is 5,000 ounces, quoted to 3 decimals, and one pip of 0.001 moves 5 USD per lot. Feed the calculator your account size, the percentage you are willing to lose and the distance to your stop, and it returns the size that puts exactly that much at risk — rounded down to your broker's lot step so the real risk never comes out above the target.
What makes XAGUSD different
Silver runs on a 5 000 ounce contract, fifty times the ounces of a gold lot, and it is quoted to three decimals. The combination catches people out: the same 0.01 move that is trivial in gold is worth $50 per lot here. Silver also moves in percentage terms far more violently than gold, so a stop that looks generous in absolute cents is often tight in practice.
Contract specification
| Symbol | XAGUSD |
|---|---|
| Contract size (1 lot) | 5,000 |
| Quote currency | USD |
| Quoted decimals | 3 |
| Pip / point size | 0.001 |
| Pip value per standard lot | 5 USD |
XAGUSD pip value by lot size
Values in USD, the currency XAGUSD is quoted in. A pip here is 0.001.
| Lot size | Units | Value of 1 pip |
|---|---|---|
| Standard (1.00) | 5,000 | 5 USD |
| Mini (0.10) | 500 | 0.5 USD |
| Micro (0.01) | 50 | 0.05 USD |
A worked example
- Risk in money: a 10 000 USD account risking 1% puts 100 USD on the line.
- Stop distance in price: 300 pips × 0.001 = 0.3.
- Loss per lot: 0.3 × 5,000 = 1,500 USD.
- Lot size: 100 ÷ 1,500 = 0.0667, rounded down to 0.06.
The example assumes an account in USD. If yours is in another currency, every figure above gets multiplied by the rate from USD to your currency, which the calculator applies automatically.
Lot size for a 10 000 USD account
What each combination of risk and stop distance works out to. Read it as a sanity check on the number the calculator gives you.
| Risk | 150 pips | 300 pips | 600 pips | 1,200 pips |
|---|---|---|---|---|
| 0.5 % | 0.06 | 0.03 | 0.01 | — |
| 1 % | 0.13 | 0.06 | 0.03 | 0.01 |
| 2 % | 0.26 | 0.13 | 0.06 | 0.03 |
| 3 % | 0.4 | 0.2 | 0.1 | 0.05 |
Frequently asked questions
How much is one pip worth on XAGUSD?
On a standard lot of 5,000 ounces, one pip of 0.001 is worth 5 USD. A mini lot is a tenth of that and a micro lot a hundredth. If your account is not in USD, multiply by the current rate from USD to your account currency.
What lot size should I use on XAGUSD?
There is no single right size: it depends on how much you are willing to lose and where your stop sits. Decide the loss first — most traders cap it at 1% to 2% of the account per trade — then divide that amount by the loss per lot at your stop distance. The calculator above does exactly that and rounds down to your broker's step.
Why does my broker show a different XAGUSD lot size?
Almost always because the contract or the pip definition differs. Open your platform's contract specification for XAGUSD, compare the contract size against 5,000 and the tick against 0.001, and correct them under "broker settings" above. The second cause is the conversion rate when your account currency is not USD; you can override that too.
Should I size XAGUSD in pips or in prices?
In prices. Brokers do not agree on what a pip means in metals, so counting pips invites a tenfold error. Entering your entry and stop as prices removes the ambiguity entirely, because the loss per lot is just the price difference times the 5,000 ounce contract.
Educational tool. Check the size in your platform before trading; leveraged trading carries a risk of loss.