What is the formula for calculating the Profit/Loss of a CFD position?
The profit/loss formula for a Contract for Difference (CFD) position varies based on whether you are buying (long) or selling (short) the instrument.
For a Buy (Long) position:
Profit/Loss = (Close price - Open Price) × Volume × Contract Size
For a Sell (Short) position:
Profit/Loss = - (Close price - Open Price) × Volume × Contract Size
*Note: The calculation result would be in quote currency. If it is different from your account currency, the system would automatically convert to your account currency.
