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.