Profit/Loss is the total "paper" (or unrealized) profit or loss for all open positions. It does not include trading fees. Unrealized Profit/Loss on open positions uses the real-time index price for that pair.
- For long positions, you have an unrealized profit if your opening cost is lower than the current valuation. On the other hand, you have an unrealized loss if your opening cost is higher than the current valuation.
- For short positions, you have an unrealized profit if your opening cost is higher than the current valuation. On the other hand, you have an unrealized loss if your opening cost is lower than the current valuation.
The unrealized profit or loss does not affect your currency balances until the positions are closed. However, any unrealized loss will cause the same amount to be withheld from your Trade Balance. Withheld funds are unavailable for withdrawal or trading.
Example of Calculating Profit/Loss
Suppose you have two short positions open.
One has an opening cost of $3,000 and a current value of $2,500. This position has a paper profit of $500.
The other has an opening cost of $2,000 and a current value of $2,100. This position has a paper loss of $100.
Your total profit on the two positions is $400.