Net Profit Question

Created at 04 May 2015, 13:49
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Pipcatcher

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Joined 04.05.2015

Net Profit Question
04 May 2015, 13:49

Hi, I am really enjoying demoing this new platform. I am currently in a EUR/USD position and am up 40 pips on 1 lot and I am in this same trade on a MT4 platform. C Trader shows that I am up net $353.00 but MT4 shows that I am up $400 in the same trade! I said net and not gross since I already know that commission is deducted from gross amount. Why is it so? Any help would be greatly appreciated. Thanks

@Pipcatcher
Replies

themalione
14 May 2015, 22:34

did you figure out the problem?

@themalione

WhiteSage
16 May 2015, 00:31

Are the entry points identical?
Is the account leverage, currency, commission and spread the same?
Is it the same broker?
Is it the same stream?

@WhiteSage

Pipcatcher
18 May 2015, 08:22

Each platform showed a net profit of +40 pips on EU. Entered at the same time, same broker and same stream. Would anyone kindly tell me on their cTrader platform when you are up 10 pips on EU what is your net profit?  Thanks

@Pipcatcher

Pipcatcher
18 May 2015, 19:06

For example,an actual ticket from my demo account statement shows the following:

                                                                                              Quantity         Volume         Commision              Gross           Net             Balance       Pips

  EURUSD   Sell  04/05/2015  10:52:36.795  1 .11710   1.11349   10.00USD    1 113 460.00        -60                  $ 3, 242.14    $3,182.14     $67, 791.57    36.1

 

As you see, I made+ 36.1 pips in this trade but my Gross profit is only $3,242.14 with a net profit of $3,182.14. In MT4, my Gross profit would be $3,610.00. Simple math here: $3,610- $3,182.14= $427.86!!!! What happened to  my $427.86????? By the way, love the  cTrader platform over MT4 crap.

@Pipcatcher

Pipcatcher
18 May 2015, 19:08

RE:

Pipcatcher said:

For example,an actual ticket from my demo account statement shows the following:

                                                                                                                      Quantity         Volume      Commision     Gross        Net             Balance         Pips

  EURUSD   Sell  04/05/2015  10:52:36.795  1 .11710   1.11349   10.00USD    1 113 460.00     -60       $ 3, 242.14    $3,182.14  $67, 791.57   36.1

 

As you see, I made+ 36.1 pips in this trade but my Gross profit is only $3,242.14 with a net profit of $3,182.14. In MT4, my Gross profit would be $3,610.00. Simple math here: $3,610- $3,182.14= $427.86!!!! What happened to  my $427.86????? By the way, love the  cTrader platform over MT4 crap.

 

@Pipcatcher

Spotware
16 Jun 2015, 17:32

Dear Trader,

In cTrader net profit includes closing commissions as well as opening commissions. Also swaps could be different.  

@Spotware
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