Trading Formulas

Please use the below table as reference for the following examples:

AUD / USD USD / JPY GOLD #CLV6 #NKDU6 #AAPL
0.76 -1.5% -1% -2% -2% -2%

Forex CFD Formula USD/JPY

Client opens a Long position of 1 Lot of USD/JPY at 100.063. After 1 day, the position is closed at 100.145.


Profit/Loss = (Close Price - Open Price) x Contract Size x Lots (x or /) Exchange Rate - Commission - Rollover


  Calculation of Profit or Loss

(100.145 – 100.063) x 100,000 units x 1 Lot / 100.145 JPY / 0.76 AUD = 107.74 AUD – 0 AUD – 5.48 AUD = 102.26 AUD

Rollover = Open Price x Contract Size x Rollover Rate / 360 x Lots (x or /) Exchange Rate

100.063 x 100,000 units x -1.5% / 360 / 100.063 JPY / 0.76 AUD = -5.48 AUD

Precious Metal CFD Formula Gold

Client opens a Long position of 1 Lot of Gold at 1341.41. After 1 day the position is closed at 1345.56.


Profit/Loss = (Close Price - Open Price) x Contract Size x Lots (x or /) Exchange Rate - Commission - Rollover


  Calculation of Profit or Loss

(1345.56 – 1341.41) x 100 oz x 1 Lot / 0.76 AUD = 546.05 AUD – 0 AUD – 4.91 AUD = 541.14 AUD

Rollover = Open Price x Contract Size x Rollover Rate / 360 x Lots (x or /) Exchange Rate

1341.41 X 100 oz X -1% / 360 / 0.76 AUD = -4.91 AUD

Commodity CFD Formula Crude Oil (#CLV6)

Client opens a Long position of 1 Lot of Oil at 48.56. After 1 day the position is closed at 49.20.


Profit/Loss = (Close Price - Open Price) x Contract Size x Lots (x or /) Exchange Rate - Commission


  Calculation of Profit or Loss

(49.20 – 48.56) x 1000 barrels x 1 Lot / 0.76 AUD = 842.11 AUD – 0 AUD = 842.11 AUD

Index Futures CFD Formula Nikkei 225 (#NKDU6)

Client opens a Long position of 1 Lot of Nikkei 225 at 16505. After 1 day the position is closed at 16525.


Profit/Loss = (Close Price - Open Price) x Contract Size x Lots (x or /) Exchange Rate - Commission


  Calculation of Profit or Loss

(16525 – 16515) x 5 units x 1 Lot / 0.76 AUD = 65.79 AUD – 0.00 AUD = 65.79 AUD

Share CFD Formula Apple (#AAPL)

Client opens a Long position of 1 Lot of Apple at 109.51. After 1 day the position is closed at 110.36.


Profit/Loss = (Close Price - Open Price) x Contract Size x Lots (x or /) Exchange Rate - Commission - Rollover


  Calculation of Profit or Loss

(110.36 – 109.51) x 100 shares x 1 Lot / 0.76 AUD = 111.84 AUD – 20.00 AUD – 0.80 AUD = 91.04 AUD

Rollover = Open Price x Contract Size x Rollover Rate / 360 x Lots (x or /) Exchange Rate

109.51 x 100 shares x -2% / 360 / 0.76 AUD = -0.80 AUD

Note:

You may only be charged a financing cost if you hold your position overnight. For more information on Rollover, please review the CFD Swaps Explained section.