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How do you know whether you make money in foreign exchange, what is the market profit and loss, and what is the price difference? The best example, thank you.
Buying and selling in the right direction, the difference between buying and selling points MINUS the difference and commission is the amount you make money.

The spread is the minimum difference between the bid price and the bid price, such as the bid price 1. 1 15 the bid price1.113, that is, the spread is 0.0002.

The commission is added by the broker himself, usually 0-5 points, that is, 0-0.0005.

For example, Australian dollar 1.0460 liquidation 1.0540, profit1.0540-1.0460 = 0.080 or 80 points. Deduct the price difference of 0.003, which is the profit of 77 points. Deduct the commission.

If you place an order of 1 lot, the profit is 1* 10*77=770 yuan (USD).

vice versa