(EDIT: Update in new reply below)
Been learning trading for a few months and working on the Oanda demo account.
Ive recently took a closer look at the “activity” tab which shows you every single action you’ve taken on the market including buy orders and closing trades and the resulting prices.
For me I like to be able to look over things and check the numbers all add up and understand how things calculate so I can take this into account for my trades.
My account is in £ and having traded in BCO I assume I’ve bought in $$
In the above screenshot, we see the order was executed at 65.210 and closed at 65.267 with 100 units. (0.057 increase x 100units = 5.70 profit)
Im not fully clued up on half spread cost but I have a basic understanding and regardless the page clearly identifies two half spread cost charges for entering and exiting the market. -1.4282 and -1.0705. noted as a cost in £
Any which way I look at this, I can’t understand how Ive ended up with +£4.07
First though is 5.70 - 1.4282 - 1.0705 = 3.20 which is far below 4.07 and further more, the price difference of 5.70 is presumably in dollars and the spread cost in £ would make me think after converting everything to pound it would be even less than 3.20
Can anyone help me fathom how this has actually calculated?