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edlining

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About edlining

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  1. After doing a lot of research I understood that the P&L is not to trust! The Total Account Value is much less than the P&L. If I add P&L to the initial sum I deposited does not match on the overall Total Account Value. This is because the P&L amount does not cover the following: 1. Buy/sell Fees (10£) for each trade 2. Exchange rate fees ( 0.5%) for each trade 3. Exchange rate movement GBP/USD 4. The most important, and in my opinion hidden one, is the spread when you buy/sell stocks. This is for normal Share dealing accounts also. The spread explains where the majority of the money gets taken. On a 14% profit half of it (7%) is gone in Fees and especially on the spread above.
  2. I have the same problem, Total account value is much less then P&L. I know many are saying could be the exchange rate and other charges/fees but such a big difference does not add up!
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