# Trading 212 fee trading

**URL:** <https://community.trading212.com/t/trading-212-fee-trading/3823>\
**Category:** 🤝 Help\
**Created:** [April 3, 2020, 12:11pm UTC](https://community.trading212.com/t/trading-212-fee-trading/3823 "2020-04-03T12:11:23Z")\
**Posts on this page:** 1\
**Showing post:** 4

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**Author:** ![Martin](https://dub1.discourse-cdn.com/flex013/user_avatar/community.trading212.com/martin/32/23571_2.png) [@Martin](https://community.trading212.com/u/Martin)\
**Post date:** [April 3, 2020, 5:25pm UTC](https://community.trading212.com/t/trading-212-fee-trading/3823/4 "2020-04-03T17:25:49Z")

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The currency conversion is applied only once - at the position closure. If the position is still open, it is included in the live result. To use your example:

- Your account is in GBP

- You are opening a long position with the Apple CFD at 241.27 USD

- You exit the position at 245.35 USD

- The USD/GBP exchange rate at the closure of the position is: _0.8126_

- The quantity is 10 units

In order to calculate the result of the position in USD you apply the following formula: _quantity \* (closing price - opening price) = 10 \* (245.35 USD - 241.27 USD) = 10 \* 4.08 USD = 40.8 USD_

In order to convert the result, you have to subtract the 0.5% conversion fee from the exchange rate first: _0.8126 - 0.5% = 0.8085_  
Thus your result in GBP looks like this: _40.8 USD x 0.8085 = 32.99 GBP_

P.S. If the position is still open, you have to substitute ‘closing price’ with ‘current price’ in the formula

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