The screenshot below has been captured as an example to perform the calculation followed.
From the open order displayed in the Terminal’s Trade tab, we know that:-
Therefore the gross profit and loss:-
Gross profit
= (ClosePrice – OpenPrice) × Volume × ContractSize
= (1.97098 – 1.97035) × 30.00 × 100,000
= 1,890 NZD
If the your trade account balance currency is described in USD, then conversion from profit currency to your trade account balance currency will be automatically completed as followed.
From the market watch, we know that:
Hence, the conversion of gross profit from GBP to USD:-
Gross profit in USD
= ProfitNzd × RateNzdUsd
= 1,890 × 0.70661
≈ 1,335.49 USD
Hits: 262