Forex trading details

A secondary currency pair refers to a currency pair that trades less or a secondary currency pair, usually with poor liquidity, but there are still a large number of transactions in the financial market. The secondary currency pair also includes cross trading, which refers to a currency pair that does not use the US dollar as the base currency and is composed of major trading currencies.

Rare currency pairs are currency pairs that are not widely traded, or currencies that originate in emerging markets. Rare currencies still provide traders with trading opportunities, but spreads are often large, so they are less attractive to single-day high-frequency traders. Rare currency overnight interest rate spreads may be large, often attracting transactions based on high-yield overnight interest rates.

Calculate profit and loss

MetaTrader will calculate and display the profit or loss of each pair of open and closed currency transactions in the account. The table below shows you how to calculate your profit and loss. Even if you don't have a computer, you can predict the profit and loss of the transaction through the form on this page.

Buy 1 standard lot of EUR/USD at 1.4723
Buy (+) 100,000 Euros, sell (-) 147,230 USD
Sell 1 lot of EURUSD, sell at 1.4796
Sell 1 standard lot of EUR/USD at 1.4796 Sell (-) 100,000 EUR, (+) 147,960 USD
Buy (+) 100,000 Euros Sell (-) 147,230 USD
Sell (-) 100,000 Euros Buy (+) 147,960 USD = + 730 USD
In this case, the trading profit is $730. The unit of this calculation can also be a point value.

1 standard lot EUR/USD pip value = 10 USD
Bid price 1.4723
Asking price 1.4796
Profit is 73 points, and each point is worth $10
= Earn $730

Standard lot size & pip value