hello Community,
first i want to apologize if this is the wrong part of the forum.
im new to forex, so i use a demo account to learn about the mannerisms of forex trading.
here i have a trade and i`m not able to retrace what exactly happened here?
my demoaccount is in euros and i bought GBP for JPY. in Germany CFD`s are allowed so i opened a CFD contract with buying 150,000 units of GBP for JPY.
for better understanding i have translated the important parts of the account.
but what then exactly happened i dont know. as you can see in the second screenshot i made a profit of 554,10 Euros. but i think that it should be double of it. why is this not so?
what have i learned from this trade? ive done this before i have registered to babypips and as long as i don
t have the knowledge i will trade only pairs with Euros involved.
thanks in advance