Sample Forex Trade.
FX pairs are some of the most widely traded products in the world. Could they be the product for you? Here's an example of how you could profit from FX fluctuations using HY Markets.
On 6th of May GBPUSD ranged from 1.4992 to 1.5121.
So if a client with a premium account takes the following trade:
| Product: |
GBPUSD |
| Trade Size: |
100,000 GBP |
| Tick Value: |
10 USD |
| Risk amount: |
500 USD |
|
| Buy Price: |
1.5000 |
| Close Price: |
1.5115 |
|
| Difference: (1.5115 – 1.5000) = 0.0115 |
| Profit on the trade is 115 pips. |
| 115 * $10 = $1,150 |
| *Profit: |
$1,150 |
|
*The client here has made a profit of $1,150 from an initial investment of $500, realising over 200% profit. If the client had sold, instead of bought, however, he would have only lost $500, instead of a potential $1,150 due to the built-in "Amount to risk" tool which is unique to HY Markets.
"HY Markets – Minimising your risk while maximising your returns" |
