Trade the world’s most popular Currencies with market-leading spreads.
All trading involves risk. It is possible to lose all your capital.
Forex trading is the price speculation of one currency against another and it is always traded in pairs. FX markets are traded as currency pairs where a trader will buy or sell one currency against a base currency. For example, a EUR/USD buy trade, represents buying EUR and selling USD. With the high volume of trading, particularly in the spot market, traders can potentially take advantage of the high liquidity and volatility in the foreign exchange market.
In our example, the price moves in your favour and the pair rises to 1.05450. You could close your 1 lot position at this level and book the profits as per below. But, had the price declined instead moving against your prediction, you may had resulted in a loss.
The gross profit on your trade is calculated as follows:
€100,000 x 1.05250 = USD $105,250
€100,000 x 1.05450 = USD $105,450
Gross Profit on Trade