Help: Free founds wrong calculation - ✅ Solved

If you have a euro account and you bought shares in $USD you may not be allowing for currency fluctuation.

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ok, that’s a point but I don’t think the currency fluctuation will be more than 2-5 % during a day.

It is fluctuating since you bought position. So each time you buy position it is under specific FX rate. You can check in history.

So yes FX volatility can go even +/-5%… nowdays this is common…

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It is also worth noting that while “Price” and “Current price” are shown in the instrument’s currency (here USD), the market value and results are in the account currency (e.g. GBP).

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I can just not understand the thing about fluctuation in my case. open at 119 dollars, current price 123 dollar, so each share i have 3 dollars profit. I bought 30, so in total i got a 90 dollars profit. now in my picture, it displays 16 dollars/ 16 euros, is it a fluctuation thing?

Have a read of these similar threads, same issue:

And there’s many more. Catches a lot of people out.

are you sure you know how to count?
as everyone is saying, check currencies, difference in FX between the buy date and now

if you don’t want to help, then it’s fine. don’t be so rude. Are you sure you are a clever person?

Here is prime example of FX rate change on Buy vs current FX rate.

You can see my position in BP is net positive even tho current sell price is lower then my average price. The gain is from FX difference of when I purchased today vs current FX USD/GBX

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Thanks for you help. But i don’t think it’s the same issue, when the difference is from 90 dollars to 16/euros/GBP/Dollars. I check the currency I bougt 7 days ago and today. 90 dollars cannot be 16 euros/dollars/GBP

Oh, this is much more clear for me. I will recheck it. Thanks a lot.

difference between 123 and 119 is 4. it means not 90 dollars, but should be 120 dollars. that’s why I pointed out your counting. if you didn’t count this correctly, most likely your calculation for FX difference was wrong.

Disney: current price 30 * 122.86 USD = 3 685.8 USD ~ 3249 EUR using today’s exchange rate. That part looks fine for me.
If you check the contract note statement that you receive every day, you should find the USD/EUR exchange rate that was used when you bought it. You could then calculate the EUR price of your purchase and subtract 3251,65 EUR from it to see if it matches the declared result.

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Also, I see that for your differences in returns, it’s around 3% for 3/4 positions. EUR/USD increased by 3% in the last 7 days from when you bought the stock. your USD position became 3% less in EUR, hence 3% difference in returns. All makes sense.
Don’t play a victim, learn to count.

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Well.i have same issue.
Bought almost 3months ago Gilead stock at 75.55$ and now its 76.80$ and i am in red.Does anyone know why?
When i bought it pounds was 2cents less than today…so its not exchange issue

Thanks for your explanation. I understand that is the difference of market value.

FX loss. USD became weaker, you have a loss in GBP. Gain in USD position, loss in GBP, as your account is in GBP.
Admins, make a sticky for FX for God’s sake.

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Thanks, I got it. I thought it is the same as other trading platform. which calculate the percentage of the share prices. while here it is the market value, it makes sense

Couldn’t even be arsed to read the thread you posted in eh?