Best Position Sizing Calculator 2026: Top 7 Tools Compared
Position sizing is one of the most critical aspects of risk management in trading. Using the right calculator can mean the difference between consistent profits and account blow-ups. We've tested and compared the top position sizing calculators available in 2026 to help you find the perfect tool for your trading strategy.
Quick Comparison
| Calculator | Free | Real-time Data | Mobile-Friendly | Rating |
|---|---|---|---|---|
| Deepwave | ✅ Yes | ✅ Yes | ✅ Yes | 5/5 ⭐⭐⭐⭐⭐ |
| TradingView | ⚠️ Limited | ✅ Yes | ✅ Yes | 4/5 ⭐⭐⭐⭐ |
| Binance Calculator | ✅ Yes | ✅ Yes | ⚠️ Limited | 3.5/5 ⭐⭐⭐ |
| Bybit Calculator | ✅ Yes | ✅ Yes | ⚠️ Limited | 3.5/5 ⭐⭐⭐ |
Detailed Reviews
#1 Deepwave Position Sizing Calculator
5/5 ⭐⭐⭐⭐⭐Deepwave offers the most comprehensive and user-friendly position sizing calculator for perpetual futures traders. Built specifically for Hyperliquid and crypto traders, it combines professional-grade calculations with an intuitive interface.
✅ Pros:
- 100% free, no signup required
- Real-time asset prices from CoinGecko
- Mobile-responsive design
- Professional-grade calculations
- Built for Hyperliquid and crypto
- Clear risk visualization
- No ads or distractions
⚠️ Cons:
- Newer tool (less established)
- Focused on perpetual futures (not spot)
Best For: Perpetual futures traders, Hyperliquid users, crypto traders who want accurate, free position sizing calculations.
Try Deepwave Calculator →#2 TradingView Position Size Calculator
TradingView offers a solid position sizing calculator integrated into their platform. While powerful, it requires a TradingView account and has limitations on the free tier.
Rating: 4/5 ⭐⭐⭐⭐
#3 Binance Position Size Calculator
Binance provides a built-in calculator for their exchange. While accurate, it's limited to Binance-specific assets and requires using their platform.
Rating: 3.5/5 ⭐⭐⭐
How We Tested
We evaluated each calculator based on:
- Accuracy: Calculation precision and formula correctness
- Ease of Use: Interface clarity and user experience
- Features: Real-time data, mobile support, additional tools
- Value: Free vs paid, signup requirements, limitations
- Reliability: Uptime, speed, error handling
Which Calculator Should You Use?
For most traders: Deepwave offers the best balance of features, accuracy, and ease of use. It's completely free, works on all devices, and provides professional-grade calculations without any signup requirements.
For TradingView users: If you're already using TradingView for charting, their integrated calculator might be convenient, though it has limitations on the free tier.
For exchange-specific trading: If you only trade on Binance or Bybit, their built-in calculators work well, but they're limited to their platforms.
Conclusion
After comprehensive testing, Deepwave's Position Sizing Calculator stands out as the best option for most traders. It combines professional accuracy with a user-friendly interface, all while being completely free and requiring no signup.