Need help, degiro, trading profits vanishing....

Discussion in 'Learn how to trade or invest by asking questions' started by jpixels, Dec 9, 2016.

  1. jpixels

    jpixels New Member

    Yesterday 2 trades were performed on De Giro:

    35 shares of Visa bought for $2780.75 and sold for $2789.50, for a profit of $8.75, around £7

    39 shares of Qorvo bought for $2264.34 and sold for $2272.33, a profit of $7.99, around £6.4


    However, when viewing the account in GBP sterling, the profit has vanished, in fact there is a loss:


    35 shares of Visa bought for £2215.14 and sold for £2216.55, for a profit of £1.41, £0.88 after fees.

    39 shares of Qorvo bought for £1805.35 and sold for £1805.16, a loss of £0.19, £0.73 after fees


    So where did this $16.74 profit disappear to exactly? what hidden fees are at play here? It can't be the currency conversion, the amount lost is too large. I am margin trading, but the time period was only 1 hour, so it can't be fees relating to that...any ideas?

    Thank you
     

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