An Example: Calculating the Profit and Loss of USDJPY


The screenshot below has been captured as an example to perform the calculation followed.

From the open order displayed in the Terminal’s Trade tab, we know that:-

  • Open price of the order: 66.330
  • Current market price: 64.455
  • Order size: Buy, 1.00 lots

Therefore the gross profit and loss:-

Gross profit
= (ClosePrice – OpenPrice) × Volume × ContractSize
= (66.455 – 66.330) × 1.00 × 100,000
= 12,500 JPY

If the your trade account balance currency is described in USD, then conversion from profit currency to your trade account balance currency will be automatically completed as followed.

From the market watch, we know that:

  • USDJPY bid price: 107.599

Hence, the conversion of gross profit from JPY to USD:-

Gross profit in USD
= ProfitJpy ÷ RateUsdJpy
= 12,500 ÷ 107.599
≈ 116.17 USD

Related reading

https://analysis.tfxi.com/2020/03/30/how-to-calculate-profit-and-loss-of-an-order/