Contract size = Volume * Standard contract (1 lot)
0.01 * 100,000.0 = 1,000.0 EUR
Cost of pip = Pip size * Contract size * Exchange rate of quote currency to USD * Rate of USD to deposit currency
0.00001 * 1,000.0 * 1.0 * 1 = 0.01 USD
Margin = Contract size / Leverage * Rate of base currency to USD * Rate of USD to deposit currency
1,000.0 / 100 * 1.109525 * 1 = 11.1 USD
Commission = Contract size * Rate of base currency to USD / 1 000 000 USD * Commission * 2 * Rate of USD to deposit currency
1,000.0 * 1.109525 / 1 000 000 * 25 * 2 * 1 = 0.06 USD
Swap = Swap size * Cost of pip
Short: 2.82 * 0.01 = 0.03 = 0.03
Long: -11.79 * 0.01 = -0.12 = -0.12
Swap charges are tripled for all positions in most trading instruments held overnight from Wednesday to Thursday. This is due to the fact that for all instruments that are traded using the spot rate, Friday is the settlement date for positions opened on Wednesday. During the carryover of positions overnight from Wednesday to Thursday, the settlement date becomes Monday, a difference of three days rather than one. For indices tripled swap charges from Fridat to Monday. For ruble from Thursday to Friday.
Note! The values produced by the trader’s calculator are for information purpose only and may not match the values calculated in the MetaTrader 4 terminal due to a number of technical aspects of the terminal.
Please bear this in mind when trading.
Under no circumstance is GKFX responsible for discrepancies between the values produced by this trader's calculator and those given in the MetaTrader 4 terminal.