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Statement reading for traders in the UAE

Reading the trade history: why the report and your arithmetic disagree — United Arab Emirates

A closed trade produces one number in the history and, quite often, a different number in the trader head. The gap is almost never an error — it is a line that was not counted: the second half of the spread, a commission charged per side, an overnight financing entry, or simply the platform clock running on a different time zone. This page takes the statement apart line by line. CFDs carry a high risk of losing money.

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100+ instruments  ·  Founded 2008

The result of a closed trade is not one number but four stacked on top of each other: the distance the price travelled, the spread paid on entry and exit, any commission charged per side, and financing for every night the position stayed open. Mental arithmetic normally counts the first and forgets the rest, which is why a small winner reads as a small loser and a flat trade reads as a charge. Reconciling a statement is the habit of matching each of those four lines to something you can look up, until the leftover difference is the market and nothing else.

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Conditions that show up as lines in the report

Tools for checking a line

To check a specific figure: rebuild the result of a trade from volume and price, work back from risk to volume, look up the overnight financing entry for the instrument, compare the fill against measured execution readings, and translate a server timestamp into your own hour.

What reconciling actually proves

A statement that reconciles to the last cent is worth more than a profitable week, because it turns every later result into evidence rather than an impression. Once the four lines behind a trade are understood — price, spread, commission and financing — the remaining differences are the market, and those are the ones worth studying. Independent trader feedback is collected on Trustpilot. CFDs carry a high risk of losing money — confirm the latest terms before depositing.

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Four lines behind every closed trade

Price movement is the only line most traders track. It is the difference between the entry and exit levels multiplied by the size of the position, and on its own it will almost never match the number the history reports.

The spread is charged twice in effect — once when entering at one side of the quote and once when leaving at the other. On a short trade held for minutes it can be the largest single line in the whole result.

Commission, where the account type has one, is usually quoted per side and per lot, so a round turn carries it twice. Financing is a separate entry applied at the daily rollover and repeated for every night the position survives, with one day of the week carrying a triple charge.

Where the clock creates a phantom difference

The history stamps every deal in server time, not in the time zone of the device. A trade that felt like a Tuesday evening can be recorded on a Wednesday, and any comparison against a personal note taken in local time will disagree by exactly that offset.

The daily rollover follows the same clock. A position that looks like it was held inside a single day can still collect a financing entry, simply because it spanned the cut-off on the server rather than midnight at home.

Report filters use the same server dates. Exporting a period and then wondering why a trade is missing at the boundary is usually the offset again, not a lost record.

Differences that are real and worth studying

A fill away from the requested level is slippage, and it can go either way. It is a property of the moment the order reached the market, and it is measurable: readings from real orders are published on this site.

A partial close splits one position into several history rows, each with its own price and its own share of the costs. Adding the rows back together is the only way to see what the original position actually returned.

Balance and equity answer different questions. Balance counts closed trades only; equity adds the floating result of everything still open. Comparing one against the other and calling the gap an error is the most common reconciliation mistake there is.

Reconciling a single trade end to end

  1. Open the deal in the history and write down five fields: volume, entry price, exit price, the commission entry and the financing entry.
  2. Convert the price distance into money using the contract size for that instrument, not a rule of thumb borrowed from another market.
  3. Subtract commission for both sides where the account type charges it, then subtract or add every financing entry the position collected.
  4. Compare the total against the reported result. A remaining gap that is small and one-directional is usually slippage on entry or exit.
  5. Check the timestamps in server time before blaming a missing row; a trade at a date boundary sits on the other side of the filter.
  6. Repeat on one trade a week rather than on a whole month at once — the point is to learn which line surprises you, and that shows up fastest one deal at a time.

Instrument specifications, commission and financing entries can change; the values that apply to a specific deal are the ones recorded on that deal.

Line in the report, what it is, where to verify it

LineWhat it representsWhere to check it
Price distanceEntry against exit, multiplied by position sizeRebuild it in the profit calculator with the same volume
SpreadThe gap between buy and sell quotes, paid on entry and on exitMeasured spread readings by hour are published on this site
CommissionCharged per side and per lot on account types that use itThe deal row itself, and the account type description
FinancingApplied at rollover for each night the position is heldMeasured overnight rates per lot, including the triple-charge day
SlippageDifference between the requested and the filled levelMeasured execution readings from real orders
Partial close rowsOne position reported as several dealsSum the rows before comparing anything
Balance against equityClosed results against closed plus floatingCompare like with like: closed trades only, or the account snapshot

A reading guide rather than a statement about any individual account. Figures shown are indicative and measured on the platform.

Frequently asked questions

The trade closed in profit but the balance barely moved. What was missing?
Usually the spread on both sides plus commission on both sides. On a short trade those together can be larger than the price move, so the arithmetic that only counts the move overstates the result every single time.
Why does the history show a different date than the one I remember?
Deals are stamped in server time, and report filters use the same clock. A trade near midnight in your own time zone can be recorded on the neighbouring day, which also explains rows that seem to vanish at the edge of an exported period.
A position was open for a few hours and still collected a financing charge. How?
Financing is applied at the daily rollover on the server clock, not after twenty-four hours of holding. Any position that is open at that moment collects the entry, and one day of the week carries a triple charge for the weekend.
One trade appears as three rows. Is that a duplicate?
No — that is a partial close. Each row carries its own volume, its own price and its own share of the costs. Adding the rows together reproduces the original position; reading any single row on its own does not.
The fill price is not the price that was clicked. Is that normal?
It can be. Between the click and the fill the market keeps moving, and the difference can fall either way. Measured execution readings on this site show typical latency and how far fills land from the requested level.
Why do balance and equity disagree at the end of the day?
Because they answer different questions. Balance counts only trades that are closed; equity adds the floating result of everything still open. They match only when no position is open.
What is the fastest way to find which line I keep forgetting?
Reconcile one trade a week instead of auditing a whole month. The line that surprises you will repeat itself within three or four deals, and after that the mental estimate and the report stop diverging.

Reviews

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