Profit & Loss calculation
This Profit & Loss calculation follows the following formula:

Formula 1:
     P/L= (Closing Rate - Opening Rate) * Units
    The result based on the closing quote currency

Formula 2:
    P/L= (Closing Rate - Opening Rate) * (Closing {quote}/USD) * Units
    The result based on USD

For example, suppose:

    Home Currency: USD
    Currency Pair: EUR/GBD
    Quote / Home Currency = GBD/USD = 1.5242
    Opening Rate = 0.89358
    Closing Rate = 0.89428
    Units = 100000 (1 lot)


Then:

    Profit / loss = (0.89428-0.89358) * 100000 =70 GBP
    also Profit / loss = (0.89428-0.89358) * (1.5242) * 100000 =106.694 USD

 

 

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