Result:
FxPro’s Foreign Currency Converter helps you perform conversions on a range of currencies, quickly and easily, using live market rates. To use the Currency Converter, select your currency, the currency you would like to convert to, and the sum you would like converted. Finally, click ‘Calculate’ and the Currency Converter will perform the requested conversion.
Did you know that some currencies and currency pairs have nicknames?
Example:
Trading 100,000 GBP/JPY with an account currency in EURO
Base currency of the pair traded
0.000035 * 100,000= £3.50
To convert to EUR we must divide by the EUR/GBP rate (0.798)
Commission each way = €5.63
This will be charged when you open and when you close the trade
