Jump to content

Include total costs for dealing (commission and taxes)


MartinC

Recommended Posts

I've been trading away for a couple of weeks now and yes, the platform is pretty easy to use.

There is a "but" however - the running profit and loss only shows what would be gained through selling a share at a higher price.

It does not consider the initial cost of placing the deal, or how much it would cost you to sell again.

It's a misleading figure that must have left some others out of pocket in the past.

I'm fiddling away with a seperate spreadsheet that does include those little "extras".

It would be excellent if you could figure into the profits all of the charges and make that figure represent the "actual" amount the user will pocket.

Edited by MartinC
  • Like 1
Link to comment
21 hours ago, MartinC said:

I've been trading away for a couple of weeks now and yes, the platform is pretty easy to use.

There is a "but" however - the running profit and loss only shows what would be gained through selling a share at a higher price.

It does not consider the initial cost of placing the deal, or how much it would cost you to sell again.

It's a misleading figure that must have left some others out of pocket in the past.

I'm fiddling away with a seperate spreadsheet that does include those little "extras".

It would be excellent if you could figure into the profits all of the charges and make that figure represent the "actual" amount the user will pocket.

Thanks for your post @MartinC

If you're trading on a CFD account unfortunately there's nothing that we currently have in place to resolve this issues. The commission and any other fees come out separately. 

With a share dealing account you can change the booking cost so it includes the commission and charges in the profit/ loss. If you need help calculating this I would advise giving us a call and our help desk will amend it for you. 

All the best

Link to comment
  • 7 months later...
Guest George
On 03/09/2020 at 09:11, CharlotteIG said:

Thanks for your post @MartinC

If you're trading on a CFD account unfortunately there's nothing that we currently have in place to resolve this issues. The commission and any other fees come out separately. 

With a share dealing account you can change the booking cost so it includes the commission and charges in the profit/ loss. If you need help calculating this I would advise giving us a call and our help desk will amend it for you. 

All the best

Hi Charlotte,

Thank you for this information.
Could you please explain how we change the booking cost to include commission and charges in the profit/loss? I've been looking around the platform for a while but cannot find this for the life of me!

Many Thanks

Link to comment
Guest George
On 03/09/2020 at 09:11, CharlotteIG said:

Thanks for your post @MartinC

If you're trading on a CFD account unfortunately there's nothing that we currently have in place to resolve this issues. The commission and any other fees come out separately. 

With a share dealing account you can change the booking cost so it includes the commission and charges in the profit/ loss. If you need help calculating this I would advise giving us a call and our help desk will amend it for you. 

All the best

Hi Charlotte,

Thank you for sharing this information.
How do we go about changing the booking cost so it includes commission in the profit/loss?

Many Thanks,
George

Link to comment

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • image.png

  • Posts

    • Massive support for Peanut as the meme finally breaks $1 and approaching $2. Trump is finally the highest holder of this meme which was listed at 0.12 on Bitget just last week. I posted about the token and made few analysis of this  current trend . Even when the current resistance at $1.8 looks very strong since it got reject twice now but if it finally breaks it then $2 could be on the card guys   
    • The cryptocurrency world is no stranger to innovation, and Fartcoin is the latest example. Built on the Solana blockchain, Fartcoin is part of the Terminal of Truth project, which allows users to observe AI conversations without constraints. This project aims to explore the boundaries of AI and see if it can achieve surprising performance.   While some may see it as a novelty, others believe it could provide valuable insights into AI's capabilities. It's a unique approach that combines the worlds of cryptocurrency and artificial intelligence, and it will be interesting to see how it develops after its debut listing on tier 1 CEXs like Bitget. What are your thoughts on the intersection of AI and cryptocurrency?
    • hey everyone! The trading volume of Department Of Government Efficiency (DOGE) is $24,855,197 in the last 24 hours, representing a 240.10% increase from one day ago and signalling a recent rise in market activity. DOGEGOV can be traded on decentralized exchanges and centralized crypto exchanges. The most popular exchange to buy and trade Department Of Government Efficiency is Raydium (CLMM), where the most active trading pair DOGE/SOL has a trading volume of $1,361,819 in the last 24 hours. Other popular options include Bingx and other exchanges token prices increased by 75% in just 24 hours, reaching $0.163. This surge contributes to an impressive weekly gain of 291%, outpacing the performance of its namesake inspiration, Dogecoin. the token just recorded The trading volume spiked 220% to over $17 billion in the last 24 hours, making it the fourth-most traded cryptocurrency in the said period. what do you have to say about this?  let have more insight
×
×
  • Create New...
us