Profit / Loss Calculator
FXPrice Profit/Loss Value Calculator is an essential tool that can be used to calculate the profit or loss of a potential trade.
This mechanism also allows traders to test different trading scenarios, enabling them to project the amount of profit or loss that a potential trade may be worth.
Long Position - Market position where the Client has bought a currency he previously did not hold own. Normally expressed in base currency terms, e.g., long Dollars (short D.Marks).
Short Position - To go `short` is to have sold an instrument without actually owning it, and to hold a short position with expectations that the price will decline so it can be bought back in the future at a profit.
The equation for EUR/USD, GBP/USD, and AUD/USD is as follows: P/L = (Opening Rate - Closing Rate) x Lot Size x Number of Lots
The equation for USD/JPY, USD/CHF and USD/CAD is as follows:
P/L = (Opening Rate - Closing Rate) / Closing Rate x Lot Size x Number of Lots
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