Converting Profits And Losses In Pips To USD

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Lot size - 100.000
Curency Pair- USD/CAD,
Sell Conversion Rat - 1,1400.
Close Conversion Rate - 1,1300
Profit - 100 pips

100.000 CAD x 100 pips = 10.000.000 pips.

1 CAD = 10.000 Pips
10.000,000 pips = 1.000 Canadian dollars,

Profit - 1.000/1,13 = 884,95 USD

 

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