Trading Examples

Examples are for reference only.

Forex CFD Formula

USD / JPY Exchange Rate used in this example: -1.5%

Client opens a Long position of 1 Lot of USD/JPY at 100.063. After 1 day, the position is closed at 100.145.

Profit or Loss = (Close Price – Open Price) (Contract Size) (Lots) (x or ÷ Exchange Rate) – Commission – Rollover

  Calculation of Profit or Loss
(100.145 – 100.063) (100,000 units) (1 Lot) / (100.145 JPY) / (0.76 AUD) = 107.74 AUD – 0 AUD – 5.48 AUD = 102.26 AUD

Rollover
= (Open Price) (Contract Size) (Rollover Rate) / (360) (Lots) (x or ÷ Exchange Rate)
= (100.063) (100,000 units) (–1.5%) / (360) / (100.063 JPY) / (0.76 AUD)
= –5.48 AUD

Precious Metal CFD Formula

Gold Exchange Rate used in this example: -1%

Client opens a Long position of 1 Lot of Gold at 1341.41. After 1 day the position is closed at 1345.56.

Profit or Loss = (Close Price – Open Price) (Contract Size) (Lots) (x or ÷ Exchange Rate) – Commission – Rollover

  Calculation of Profit or Loss
(1345.56 – 1341.41) (100 oz) (1 Lot) / (0.76 AUD) = 546.05 AUD – 0 AUD – 4.91 AUD = 541.14 AUD

Rollover
= (Open Price) (Contract Size) (Rollover Rate) / (360) (Lots) (x or ÷ Exchange Rate)
= (1341.41) (100 oz) (–1%) / (360) / (0.76 AUD)
= –4.91 AUD

Commodity CFD Formula

Crude Oil(#CLV6) Exchange Rate used in this example: -2%

Client opens a Long position of 1 Lot of Oil at 48.56. After 1 day the position is closed at 49.20.

Profit or Loss = (Close Price – Open Price) (Contract Size) (Lots) (x or ÷ Exchange Rate) – Commission

  Calculation of Profit or Loss
(49.20 – 48.56) (1000 barrels) (1 Lot) / (0.76 AUD) = 842.11 AUD – 0 AUD = 842.11 AUD

Index Spot CFD Formula

China A50 Spot (#CHN50) Exchange Rate used in this example: -2%

Client opens a Long position of 1 Lot of CHN50 at 14472.0. After 1 day the position is closed at 14830.0.

Profit or Loss = (Close Price – Open Price) (Contract Size) (Lots) (x or ÷ Exchange Rate) – Commission

  Calculation of Profit or Loss
(14830.0 – 14472.0) (1 unit) (1 Lot) / (0.76 AUD) = 471.05 AUD – 0.00 AUD = 471.05 AUD

Index Futures CFD Formula

Nikkei 225 (#NKDU6) Exchange Rate used in this example: -2%

Client opens a Long position of 1 Lot of Nikkei 225 at 16505. After 1 day the position is closed at 16525.

Profit or Loss = (Close Price – Open Price) (Contract Size) (Lots) (x or ÷ Exchange Rate) – Commission

  Calculation of Profit or Loss
(16525 – 16515) (5 units) (1 Lot) / (0.76 AUD) = 65.79 AUD – 0.00 AUD = 65.79 AUD

Share CFD Formula

Apple (#AAPL) Exchange Rate used in this example: -2%

Client opens a Long position of 1 Lot of Apple at 109.51. After 1 day the position is closed at 110.36.

Profit or Loss = (Close Price – Open Price) (Contract Size x Lots) (x or ÷ Exchange Rate) – Commission – Rollover

  Calculation of Profit or Loss
(110.36 – 109.51) (100 shares) (1 Lot) / (0.76 AUD) = 111.84 AUD – 20.00 AUD – 0.80 AUD = 91.04 AUD

Rollover
= (Open Price) (Contract Size) (Rollover Rate) / (360) (Lots) (x or ÷ Exchange Rate)
= (109.51) (100 shares) (–2%) / (360) / (0.76 AUD)
= –0.80 AUD


Note: You may only be charged a financing cost if you hold your position overnight. For more information on Rollover, please review the CFD Swaps Explained section.