CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 81.76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
81.76% of retail investor accounts lose money when trading CFDs with this provider.

How do I calculate the P/L (profit or loss) per trade?

In order to calculate the P/L (profit or loss) per trade, please use the below example as a guide.

Example Trade

  • Contract Size (in lots):0.20 lots
  • Trading Instrument: EURGBP
  • EURGBP OpenPrice: 0.7123
  • EURGBP ClosePrice: 0.6992(0.7123 – 0.6992 = 0.0131 = 131 pips) 
  • Contract Size (in EUR): 20,000 EUR
  • GBPUSD Rate: 2.0128 (to convert the profits/losses from GBP to USD)

Calculation:

  • Profit/Loss = (20,000 × 0.7123) – (20,000 × 0.6992) = 14246 – 13984 = 262 GBP.
  1. Now we’ll convert to USD: 262 GBP × 2.0128 = 527.35 USD.

So, the position earned 527.35 USD in profits.