CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 77% 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 profit is calculated differently depending on the traded instrument. For example:
- Commodities such as Gold, Silver, Oil are traded in USD.
- Stocks and indices are traded in GBP, EUR or USD depending on their origin.
- Currency pairs such as EUR/USD results are calculated in the second currency of the pair.
If your account is in a different currency than the traded instrument, your profit/loss (result) will be exchanged at the real-time rate between the two currencies.