Currency investors can as easily sell before they buy, as they can buy before they sell. For this reason, it is important to remember that regardless of when the selling takes place, one always will plugs in the selling to the right hand side of the equation. With the information contained above, one should be able to calculate profit and losses for transactions involving marks, yen, and franc. As for the pound . . . In either case, commissions should not have a substantial effect on one's bottom line.
Many traders never pay or receive interest.
For a more detailed explanation of interest, please contact an account representative.