How much commission does the transaction charge? H
  Source:Xtrend 2023-04-23 14:09:53
Description:

How much commission does the transaction charge?


Foreign exchange: 0.04 US dollars per 100 basic units


Gold: $0.40 per 1 unit (1 ounce)


Silver: $0.40 per 50 units (50 ounces)


Bitcoin: 0.3 USD (0.03 BTC) per 0.03 units


Copper: 0.01 USD per 500KG


Nickel: 0.01 USD per 100KG


LITECOIN: 0.4 USD per 2 units (2 LTC)


RIPPLE: $0.50 per 1000 units (1000 XRP)


ETHERIUM: 0.15 USD per 0.3 units (0.3 ETH)


USOIL: $0.60 per 10 units (10 BBL)


How is my profit calculated?


To calculate the profit after trading, it is first necessary to find the difference between the opening and closing prices, multiply the trading direction (buy or sell) by its number of hands.


For example, the selling position of the pound against the US dollar is (opening price closing price) * number of hands. If you sell a hand of £ 15000 to the US dollar at 1.3050 and close your position at a price of 1.2950. Then the profit is (1.3050-1.2950) * 15000=$150. This transaction has a movement of 100 points, which means that if you multiply the point movement by the point values in the above table, you will get the same result, (100pips * $1.5 point values)=$150. Please note that commissions and swaps are not included in this calculation.