Anonymous

25 Feb 2020

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Saxo P/L Calculation?

I bought 300 shares @ 17.02 and the price is now 16.75. However, the P/L is showing -89.68 USD or -228.91 SGD.

Shouldn't the P/L be calculated as: 300 x 0.27 = 81 USD unrealised loss?
How is the 228.91 / 89.68 = 2.55 (is this SGD to USD ER?)

Thanks!

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Awk D

25 Feb 2020

The p/l should include the commission so the number is not just current price minus brought price and times the quantity. The commission is a bit more than 4 USD per transaction. So they add in the buy transaction actual cost and forecast your sell transaction cost.
For this kind of questions, I feel it is better to ask Saxo directly.

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SAXO is charging me 0.75% fee on every transfer i make from my Singapore bank account to SAXO USD account. Has anyone found a way to avoid these fees on SAXO?

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