Long position on 1 lot EUR/USD
Open Price = 1.30555
Closing Price = 1.30929
Account Leverage = 1:300
Closing Price = 1.30929
Account Leverage = 1:300
Required Margin to open 1 lot of EUR/USD at a 1:300 leverage is 435.27 USD.
Profit/Loss Calculation
The Buy position (1 lot) was closed (sold) at a 1.30629 Bid price from a 1.30555 open.
Market movement = 1.30929 – 1.30555 = 374 points = 37.4 pips.
1 Pip of EUR/USD (per 1 lot) = $10.
P&L Calculation = $10 x 37.4 = $374
Market movement = 1.30929 – 1.30555 = 374 points = 37.4 pips.
1 Pip of EUR/USD (per 1 lot) = $10.
P&L Calculation = $10 x 37.4 = $374
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