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

To calculate the profit or loss for a closed trade, please use the formula below: 

  • BUY Trade: (Close rate - Open rate) X Units X USD exchange rate = P/L 
  • SELL Trade: (Open rate - Close rate) X Units X USD exchange rate = P/L 

 

To calculate the profit or loss for an open trade, please use the formula below:

  • BUY Trade: (Current rate - Open rate) X Units X USD exchange rate = P/L
  • SELL Trade: (Open rate - Current rate) X Units X USD exchange rate = P/L

 

Instruments that are traded in US Dollars do not require a conversion and therefore the USD exchange rate value will be 1. 

For information on how to calculate the amount of units for a trade, click here.