Question: How to calculate my profit/loss on XM MT4/MT5 trading accounts?
For long(buy) positions:
(Close Price – Open Price) × Lots × Contract Size = profit/loss |
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For short(sell) positions:
(Open Price – Close Price) × Lots × Contract Size = profit/loss |
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To avoid any confusions, you may want to open a demo account and find out.
*The calculation is for FX & CFDs.
You can also use free online calculator which is available on XM official website.