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Frequently Asked Questions

How do I calculate Profit and Loss?

Your Profit and Loss is automatically calculated in your MT4 platform. To manually calculate your Profit or Loss, you can use the following formula:

(Closing Rate – Opening Rate) x (Closing {quote} / {home currency}) x Units

Use the following information as an example:

Home Currency: USD
Currency Pair: GBP/CHF
Base = GBP; Quote = CHF
Quote / Home Currency = CHF/USD = 1.1025
Opening Rate = 2.1443
Closing Rate = 2.1452
Units = 1000

To calculate the profit/loss:

(2.1452 – 2.1443) x (1.1025) x 1000

Your profit = $0.99225

 


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