Been manually calculating my CFD profits and losses but keep making small errors that add up.
Started using online calculators but wondering if they account for all the fees and overnight charges properly.
Been manually calculating my CFD profits and losses but keep making small errors that add up.
Started using online calculators but wondering if they account for all the fees and overnight charges properly.
Most online calculators completely ignore overnight charges. They show basic profit/loss from price moves but miss swap rates and rollover fees.
I found this out the hard way swing trading EURUSD. The calculator showed decent profits while my account was actually bleeding money from negative swaps.
Your broker’s platform calculator is way more accurate - it pulls real data from their system. MT4 and MT5 have solid built-in tools that include spreads and commissions.
I keep a simple spreadsheet for manual checks. Takes 30 seconds per trade but catches those sneaky fees online calculators miss. Definitely worth it when managing multiple positions.
Try your broker’s calculator for best results.
Those calculators miss a lot of important fees. I just use the one on my broker’s platform - it’s way more accurate.