FOREX CALCULATION
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THE CALCULATION OF FOREX MARGIN TRADING
The calculation for EUR/USD, GBP/USD and AUD/USD is as below : |
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(Selling Price – Buying Price) x Contract Size x Number of Lots
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The calculation for USD/JPY and USD/CHF is as below:
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Selling Price – Buying Price x Contract Size x Number of Lots
Liquidation Price <> |
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For the calculation of net profit / loss above, it has to be subtracted by $50 (Commission Fee) How to calculate interest rate The calculation of interest rate for EUR/USD and AUD/USD |
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Interest Rate = Number of lots x US$100,000 x interest day x DTIR x opening price
360 |
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The calculation of interest rate for GBP/USD
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Interest Rate = Number of lots x US$100,000 x interest day x DTIR x opening price
365 |
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DTIR = Differential Trading Interest Rate which is being updated on every Monday
The calculation of interest rate for USD/JPY and USD/CHF |
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Interest Rate = Number of lots x US$100,000 x interest day x DTIR
360 |
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If there is a transaction that is not being liquidated until New York market closed FOREX TRADING SCHEDULE |
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Opening Market
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Closing Market
(Monday-Thursday) |
Closing Market
(Friday) |
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Summer Time
(April-November) |
06.30 AM
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03.30 AM (Next Day)
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02.00 AM (Next Day)
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Winter Time
(November-April) |
06.00 AM
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04.30 AM (Next Day)
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03.00 AM (Next Day)
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