So I was wondering about the profit on my demo account. Here is my trade information:
- Sell USD/JPY at price: 110.650
- Current Price: 110.578
- Size: 0.01
So basically I gain 72 Pips.
As I calculated, 1 Pip = $0.09. So I should gain $6.48.
But in MT4, the profit shows that I gain only $0.65.
What was wrong here? Thank you for reading! I really appreciate it.