Advertisement
Anonymous
I bought SWRD.L at 23.505 @ 37 shares with 10.70 fee.
Currently now the price has gone up to 23.705, however it says I have a P/L loss of -14.01.
Can somebody explain why? It is because it hasn't updated yet? I am not worried about the loss, just wanting to learn how this works.
4
Discussion (4)
Learn how to style your text
Reply
Save
It might be because of the broker fees. Or might be because of the currency loss. Some broker will take into account the current currency exchange rates and show your P/L. You can check with your broker to clarify.
Example, I invest in a US ETF, the ETF gain 2% over a period of time. During the same period, USD depreciates 4%. In this case, my brokerage account will likely show a loss (In terms of SGD).
Reply
Save
Hi Anon,
Fret not! The broker usually shows you the final P/L after closing the trade accounting f...
Read 2 other comments with a Seedly account
You will also enjoy exclusive benefits and get access to members only features.
Sign up or login with an email here
Write your thoughts
Related Articles
Related Posts
Related Products
3.4
44 Reviews
$0
MINIMUM FEE
As low as 0.15%
TRADING FEES
Custodian
STOCK HOLDING TYPE
Related Posts
Advertisement
I believe SCB includes the selling commission in their P/L figure. So meaning your gain has to be cover the commission before it is considered as profit.