The foreign exchange is the largest market in the world in terms of trading volume, with an average of more than $5 trillion currencies traded daily. The Forex market allows investors to trade currency pairs 24 hours a day, 5 days a week and to manage market exposure with the use of leverage.
BPS Capital is founded by Forex traders
so we have all the features a trader needs
70+ trading forex pairs
World-leading MetaTrader 4 trading terminal
Competitive Pro spreads from 0.0 pips with deep liquidity
Dedicated account managers and 24/5 client support
Calculating profit and Loss
It is important to be able to work out your own projected profit and loss which can be relatively easy to do, even without a calculator using the table on this page.
Buy 1 Lot EURUSD at 1.10340
Buy (+) €100,000 Sell (-) $110,340
Sell 1 Lot EURUSD at 1.10651
Sell (-) €100,000 Buy (+) $110,651 Buy (+) €100,000 Sell (-) $110,340 + Sell (-) €100,000 Buy (+) $110,651= +$311
In this case the trade was profitable $311, the same calculation can be made in pip terms.
1 Lot EURUSD pip value = $10
Buy at rate 1.10340
Sell at rate 1.10651
31.1 pips profit at $10 per pip= + $311