How would the P&L of my account work if my account is USD based and I am trading a non-USD based currency pair e.g. EUR/JPY?

Your P&L will be calculated by the movement in the ‘Quote’ or ‘Term’ currency; in this case JPY, then that value will be converted into USD at the current rate of USD/JPY.

Trade

CFD Trading involves significant risk.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
64.4% of retail investor accounts lose money when trading CFDs with this provider.
You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.
Professional clients can lose more than they deposit. CFD trading involves significant risk.
Read full Risk Warning Notice.

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