- The current profit or loss on an open position. The unrealized P&L is a reflection of what profit or loss could be realized if the position were closed at that time. The P&L does not become realized until the position is closed.
- In the Market Value – Real FX Position section of the TWS Account Window, this is the difference between the current market value of your open positions and the average cost, or Value – Average Cost.
- In the FX Portfolio – Virtual FX Position section of the TWS Account Window, this is the difference between the trade price and the market price times position, including commission.Example: BUY 20,000 EUR.USD @ 1.54390Trade Price = 1.54390Market Price (current price) = 1.54385
1.54390 – 1.54385 = .00005
.00005 X 20,000 = 1
+ 2.5 commission = -3.50 Unrealized P&L