Search

How do I calculate Profit and Loss?

Your Profit and Loss are automatically calculated in your MT4 platform. To manually calculate your Profit or Loss, you can use the following formula:

(Closing Price/rate– Opening Price) × Trade size x (Conversion of Term Currency back to Account Currency)

Where TRADE SIZE = contract size x lots

Use the following information as an example:

Account currency: USD
Currency Pair: GBP (base) /CHF (quote)
Quote/ Home Currency: CHF/USD = 1.1025
Opening Rate: 2.1443
Close Rate: 2.1452
Lots 0.01 (i.e 1000 GBP)

In this case the Base Currency = GBP and the Quote Currency = CHF

Trade Profit = (2.1452 - 2.1443) x 1000 = 0.9 CHF
Profit in USD = 0.9CHF x 1.1025 = 0.9923 USD