Account Value, also known as "Equity" on other platforms, is the total value of your trading account. It is calculated as follows:
Formula: Account Value = Net Deposits + Closed P&L + Open P&L + Active Bonus
Example Calculation:
- You deposit $100.
- You opened and closed one trade with a loss of $10.
- You have an open position with an unrealized profit of $20.
- You have an Active Bonus of $25.
Calculation: $100 (Net Deposits) - $10 (Closed P&L) + $20 (Open P&L) + $25 (Active Bonus) = $135
Your Account Value is $135.
Understanding your Account Value helps you keep track of your overall financial status in your trading account, taking into account all deposits, realized and unrealized profits/losses, and any active bonuses.
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