CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Your CFD account value represents the total value of your account if all open positions were closed at the current market price.
You can calculate it using the following formula:
Account Value = (Deposits - Withdrawals) + Interest on cash +/- Realised Result +/- Dividend Adjustments - Fees +/- Live Result.
Here's a quick breakdown of each component:
- (Deposits - Withdrawals) + Interest on cash: The total amount you have deposited minus any withdrawals made + interest on cash
- Realised Result: The profit or loss from any positions you have already closed
- Dividends: Any dividends received or charged on your open positions
- Overnight interest: Positions held in your account overnight will incur an overnight interest. The overnight interest transaction can be positive or negative, depending on the trade direction and product specifics.
- Fees: Any charges due to foreign exchange fees.
- Live Result: The current profit or loss on your open positions at the present market price