Converting Profits And Losses In Pips To USD

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

Converting Profits And Losses In Pips To USD

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