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

It is unlikely that your trade account balance currency would be in JPY, hence conversion back to your trade account balance currency will be required.

  • 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

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