Vonway provides Forex traders globally with exceptionally tight spreads, averaging just 0.1 pips for EUR/USD. Our combination of tight spreads and low latency enterprise grade hardware makes us the preferred choice for active day traders and Expert Advisor users. Refer to the table below for details on our minimum and average spreads across major currency pairs.
The gross profit on your trade is calculated as follows:
3910.25 * 2 = USD $7820.50
4200.50 * 2 = USD $8401.00
Gross Profit on Trade
USD $8401.00 – 7820.50 = $580.50
Opening the Position
The price of Bitcoin CFD against the US Dollar is 3900.25/3910.25 and you decide to buy 2 contracts at 3910.25.
Closing the Position
One month later Bitcoin CFD has increased to 4200.50/4210.50 and you decide to take your profit by selling your 2 contracts at 4200.50 each.
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