If you can calculate your trading volume, you are better equipped to make informed decisions about your trading. Knowing how to calculate trading volume is crucial for calculations like margin and pip value too.
In simple terms, trading volume (TV) refers to the amount of base currency a trader is trading.
It is calculated using the following formula:
Trading volume (TV) = Number of lots x contract size
|
Example 1 An order to buy 3 lots EURUSD. TV = 3 x 100 000 EUR = 300 000 EUR |
Example 2 An order to sell 3 lots UKOIL. TV = 3 x 1 000 BBL |
Trading volume is always calculated in the base currency.
Try our trading calculator to see the formula in action.
Follow the link for more about spread, equity, margin, and other essential trading terms.
Applications
Let us take a look at a few instances where calculating TV can come in handy:
Exness Rewards Program
The trading volume determines how much trading costs you can save through cashback with earned EXD on spreads and trading commission.
Exness VPS qualification
Exness VPS requires meeting criteria on overall account balance and/or total trading volume. The specific eligibility criteria and requirements that apply can be found in your Personal Area; log into your PA (Open Settings then the Virtual Private Server tab) to confirm these criteria.
Partnership
Your referred client’s trading volume (as a total of both opening and closing) is calculated and used as one of the main qualification criteria to apply for various partner-level upgrades such as Advanced Partner and Introducing Broker. Additionally, the TV for your referred clients is calculated to check if you are eligible for prizes under the Partner Loyalty Program.
...