Place of Origin : Zhangzhou,China
The forex market is the largest and most liquid financial market in the world. The average daily trading volume is as high as 4 trillion US dollars. No institution can manipulate the exchange rate between countries. The data affecting the exchange rate are issued by the national authorities. The transaction is fair and transparent. Support 24 hours, T+0, two-way trading, buy and sell also have profit opportunities.
Transaction Instance
Forex Is A Two-way Transaction, Which Can Be Either Buying Long Or Selling Short. Generally Speaking, If You Think The Exchange Rate Will Go Up, Buy It; If You Think It Will Fall, Sell It. If The Direction Is Judged Correctly, The Middle Spread Is Earned.
The Calculation Is As Follows: Total Profit And Loss = (sell Price – purchase Price) X Contract Unit X Lot Size ± overnight Interest
Note: If You Open & Close A Position On The Same Day, You Do Not Need To Pay The Overnight Interest. The Actual Overnight Interest Is Subject To The Platform Display.
You Buy 0.5 Lots Of EUR/USD Through The MT4 Platform, The Contract Unit Is 100,000 Euros, The Purchase Price Is 1.1710, And The Position Is Closed At The Selling Price Of 1.1780 On The Same Day.
Total Profit= (sell Price – purchase Price) X Contract Unit X Lot Size ± overnight Interest
=(1.1780-1.1710)x100000 X0.5±0=350USD
Contract specification
Product Margin Rules, Spreads, Interest Discount Details, Please Check The Product Contract Specifications
Bull Global Trading Is A Professional Finance Company, We Provide bg Forex, forex Bg, Stock And Etc. Want To Know More? Please Contact Us. Our Email: Cs@bgcfd.com.
