RiskQuo

Martingale Calculator

Martingale means raising your trade amount after every loss so that one win recovers everything. This martingale calculator shows the stake for each trade, the total money at risk and how many losses in a row your balance can survive. Use it to see the real risk before you ever try the strategy.

Your total trading money
Amount of the first trade
What a win pays, e.g. 80
Recovers losses at ≥ 2.25×
1 to 12

Losses in a row your balance survives

5

Total lost after 7 losses

2,327.43

Stake needed at step 7

1,297.46

Martingale stake table
TradeStakeTotal risked% of balanceNet if this trade wins
110101%+8
222.532.53.25%+8
350.6383.138.31%+8
4113.91197.0319.7%+8
5256.29453.3245.33%+8
6576.651,029.97103%+8
71,297.462,327.43232.74%+8

Red rows are stakes your balance cannot cover. A long losing streak is normal in trading, so martingale can empty an account quickly.

Free, no login. Nothing you type is saved. Results are for planning only, not financial advice.

What is martingale in trading?

In a martingale plan you start with a small amount. If the trade loses, the next trade is bigger, for example 2 or 2.25 times the last one. You keep increasing after every loss until a trade wins. The idea is that the winning trade pays back all earlier losses plus a small profit.

The problem is that the amounts grow very fast. After a few losses the next trade can be bigger than your whole account. When that happens, the plan fails and the loss is huge compared with the small profit you were trying to make.

How to use the martingale calculator

  1. Enter your account balance.
  2. Enter the first stake, the amount of your first trade.
  3. Enter the payout % of your platform.
  4. Enter the multiplier, or press the button to use the break-even multiplier for your payout.
  5. Choose how many losses in a row to show (up to 12).
  6. Read the table: stake, total risked and the result if that trade wins. Red rows are trades your balance cannot pay for.

Worked example with numbers

Balance 1,000, first stake 10, payout 80%. To recover all losses at 80% payout, the multiplier must be at least (1 + 0.8) ÷ 0.8 = 2.25.

With 2.25×, every win at any step leaves you exactly +8 ahead. But look at the risk: after 5 losses you have risked 453.32 in total, and the 6th trade needs 576.65, which brings the total to 1,029.97. That is more than your balance. So you are risking about 1,030 to make 8.

TradeStakeTotal risked% of balanceNet if it wins
110101%+8
222.5032.503.25%+8
350.6383.138.31%+8
4113.91197.0319.7%+8
5256.29453.3245.33%+8
6576.651,029.97103%+8 (cannot afford)

Why "just double it" does not work in binary options

In casino examples, martingale doubles the bet because a win pays 100%. In binary options the payout is less than 100%, so doubling is not enough. With an 80% payout and a 2× multiplier, the stakes are 10, 20, 40, 80. If the 4th trade wins, you get 80 × 0.8 = 64, but you already lost 70. You end at −6 even after "winning".

So martingale in binary needs an even bigger multiplier, which makes the balance run out even faster.

Why martingale blows accounts

  • Losing streaks are normal. With a 55% win rate, the chance of 6 losses in a row is about 0.8% each time — so over a few hundred trades it is likely to happen at least once.
  • The stake grows like 1, 2.25, 5, 11, 26, 58… so the damage of one bad streak is enormous.
  • The profit per cycle stays tiny (one base win), while the loss when the plan fails is almost the whole account.
  • Platforms have maximum trade sizes, so you may not even be allowed to place the next step.
  • It pushes you to trade faster and emotionally after losses, which lowers your win rate.

A safer alternative: fixed risk per trade

Instead of increasing after losses, keep every trade at 1–2% of your balance and stop at a daily loss limit. A losing streak then costs a few percent, not your account. If you want growth, let the trade size follow your balance (compounding), so it gets smaller after losses and bigger after wins. The compounding calculator and money management plan show how.

Frequently asked questions

Is martingale a good strategy for binary options?

It is one of the riskiest ways to trade. It wins small amounts often and then loses almost everything during a normal losing streak.

What multiplier should I use in martingale?

To fully recover losses with payout p, the multiplier must be at least (1 + p) ÷ p. At 80% payout that is 2.25. A bigger multiplier makes the balance run out faster.

How many losses in a row can happen?

More than most people expect. With a 55% win rate, 6 losses in a row is about a 1-in-120 event, so over a few hundred trades you should expect it at least once.

Why do I lose money with 2× martingale even when I win?

Because the payout is below 100%. At 80% payout, a 2× plan that wins on the 4th trade still ends at a loss.

Does the calculator recommend martingale?

No. It shows the numbers so you can see the risk. We recommend a fixed risk per trade and a daily loss limit instead.

Is this martingale calculator free?

Yes. It is free, needs no account and saves nothing.

Learn more on the blog

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