Can someone please help me to understand the difference between P/L and Gross P/L

[thefaithzone]

I placed a long trade, NZD/USD. My account is opened in USD. So my position indicator says that my PL I am plus $4.10 but my Gross Profit says that I am $1.23 with roundturn commissions of 0.72 for 6 micro lots.

My net profit says that I am 0.51 which obviously was deducted from the Gross profit.

My broker says that GP is the profit or loss in my base currency for my total net trade for that currency pair?

I guess I am trying to understand how to calculate the major difference between Net Profit and Gross Profit. Can anyone please make sense of this for me.

[Andrea_dylon]

I placed a long trade, NZD/USD. My account is opened in USD. So my position indicator says that my PL I am plus $4.10 but my Gross Profit says that I am $1.23 with roundturn commissions of 0.72 for 6 micro lots.

My net profit says that I am 0.51 which obviously was deducted from the Gross profit.

My broker says that GP is the profit or loss in my base currency for my total net trade for that currency pair?

I guess I am trying to understand how to calculate the major difference between Net Profit and Gross Profit. Can anyone please make sense of this for me.

Gross profit is the profit & loss based on Current Market Price from actual entry price without considering the direct cost like commissions and swaps. And net profit is the profit remained for you after deduction of all the expenses (commission and swap). In your case, gross profit was $1.23 and commission was $0.72, so net profit is $1.23-0.72 = $0.51 . But I didn’t get $4.10, [I]can you share you screen for more clarity.[/I]