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Forex Trading How to calculate the cost of point?
avatar Catkathyy
Question by: Jeremy - 21 Nov 2016, 09:11:28
How to calculate the cost of point?
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Answers (1)
avatar user 11503
Answer by: Henry - 21 Nov 2016, 09:13:48

The cost of point in the currency of the deposit: (Cross-rate of the currency of the order to USD) х (order volume in lots) х 100000 х (point) / (current rate), where the transaction currency is the first currency in the pair.

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