How to Read Your MT4 Trading Statement
Content
How to Read Your MT4 Trading Statement MetaTrader 4 trading statements allow you to evaluate your overall trading performance and examine your individual trades. To access trading reports in MT4: • In MetaTrader 4, go to the "Account History" tab in the lower "Terminal" menu.
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Right-click to bring up a drop-down menu. Select "Save as Report" from the drop-down menu.
By right-clicking in the "Account History" tab, you can choose to generate a trading report for the entire history of trading ("All History"), the "Last 3 Months," or the "Last Month." Or generate a report for the time period of your choice by selecting "Custom Period." Daily trading reports (Confirmations) and monthly reports (Statements) are sent to your registered email address. What You'll Find in Your Trading Report: • 1. Deposit/Withdrawal: the total result of deposits and withdrawals to/from the account over the reporting period (if no deposits or withdrawals were made, "Deposit/Withdrawal" will read 0 • 2. Credit Facility: credit available • 3. Closed Trade P/L: total profits or losses from transactions closed during the period • 4. Floating P/L: total floating profits and losses on all transactions open on a client's account at the time the report is generated • 5. Margin: total margin for all open transactions at the time the report is generated • 6. Balance: the total financial result of all completed trading and non-trading transactions on the trading account at the time the report is generated • 7. Equity: the total financial result of all completed trading and non-trading transactions as well as open positions on the trading account at the time the report is generated, calculated using the following formula: Equity = Balance + Credit + Floating Profit - Floating Loss • 8. Free Margin: funds available to open a new position at the time the report is generated, calculated using the following formula: Free Margin = Equity Margin. In addition to regular trading reports, MetaTrader 4 allows you to generate a "detailed report," which also includes additional information about your trading account, allowing you to analyze your trading performance more thoroughly. To generate a detailed report: • In MetaTrader 4, go to the "Account History" tab in the lower "Terminal" menu.
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Right-click to bring up a drop-down menu. Select "Save as Detailed Report" from the drop-down menu.
What You'll Find in Your Detailed Report (in addition to the information found in regular trading reports):
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1. Gross Profit: the sum of total profits on profit-earning positions over the reporting period 2. Gross Loss: the sum of total losses on loss-making positions over the reporting period 3. Total Net Profit: the difference between "Gross Profit" and "Gross Loss" 4. Profit Factor: a measure of your return, a coefficient showing the ratio of "Gross Profit" to "Gross Loss" 5. Expected Payoff: your "Total Net Profit" divided by the number of transactions made 6. Absolute Drawdown: drawdown from the initial acount balance, how much the balance has decreased in relation to the initial deposit 7. Maximum Drawdown: the largest drop from a peak to a trough during a certain time period (expressed as a monetary value), it may be higher than the "Absolute Drawdown" and show a loss even during a profit-earning period 8. Relative Drawdown: shows the "Maximum Drawdown" expressed as a percentage of initial deposit 9. Total Trades: the total number of completed transactions on the trading account 10. Short Positions (Win%): the number of short positions closed during the period (the percentage of short positions which earned a profit is shown in parentheses) 11. Long Positions (Win%): the number of long positions closed during the period (the percentage of long positions which earned a profit is shown in parentheses) 12. Profit Trades (% of Total): the total number of profit-earning transactions during the period (the percentage out of the total number of transactions is shown in parentheses) 13. Loss Trades (% of Total): the total number of loss-making transactions during the period (the percentage out of the total number of transactions is shown in parentheses) 14. Largest Profit Trade: the most earned on a single transaction 15. Largest Loss Trade: the most lost on a single transaction 16. Average Profit Trade: the average amount earned on transactions which earned a profit (Gross Profit / Profit Trades) 17. Average Loss Trade: the average amount lost on transactions which made a loss (Gross Loss / Loss Trades) 18. Maximum Consecutive Wins ($): the longest streak of consecutive profit-earning transactions (the total profits earned on these transactions, in the deposit currency, is shown in parentheses) 19. Maximum Consecutive Losses ($): the longest streak of consecutive loss-making transactions (the total losses earned on these transactions, in the deposit currency, is shown in parentheses) 20. Maximum Consecutive Profit (count): the most earned on a transaction during the streak of consecutive profit-earning transactions (the number of transactions in the streak is shown in parentheses) 21. Maximum Consecutive Loss (count): the most lost on a transaction during the streak of consecutive loss-making transactions (the number of transactions in the streak is shown in parentheses) 22. Average Consecutive Wins: the average number of consecutive profitearning transactions
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23. Average Consecutive Loss: the average number of consecutive lossmaking transactions
Bank Wire Transfer Here, you will find a list of the banks where Alpari has a company account. You can make a deposit to your Alpari accountfrom your account at any bank by transferring the funds to one of Alpari's company bank accounts. • Close1 Bank Transfer to Company Account at ASB Bank Steps: o 1. Go to the "Fund Deposit" section in myAlpari to generate a notice of deposit. You will need our company account information, which you can find by clicking "Company Bank Details" at the top of the page. o 2. Transfer the amount you wish to deposit from your personal bank account to our account at ASB Bank.
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3. Check the status of your deposit in your "Transaction History" in myAlpari. If you see "Processing," it means that your request has been accepted. 4. After you see the status “Funds deposited to account,” log in to your trading platform to confirm that the funds have been posted to your account.
5. If your deposit has not been posted to your account within 3 business days, please ask your bank for a SWIFT copy confirming that your funds have been transferred from your bank account. Send it to our Payments Department and we will conduct an inquiry into the matter. The Purpose of Payment should look like this: o The payment of invoice *****, dd **/**/****. Not related to business.
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* Where indicated, enter the invoice number and the date of the invoice. We advise you to have the purpose of payment pre-approved by your bank. After the request has been sent, you will be unable to make any changes. If the purpose of payment is entered incorrectly, your transfer will not be accepted. Commission: Your bank's wire transfer fee. You may also be charged additional fees by correspondent banks. Information about these fees (generally around 20-25 USD) may be withheld by your bank. Processing Time: Your transfer request should be processed within 2-3 business days of the time your funds were sent from your account. After the funds have been deposited to our account at ASB Bank, your deposit will be posted to your Alpari account. Note: o Transfers can be made in USD or EUR.
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Alpari will not accept any transfers to or from individuals or legal entities registered in Iran, Iraq or North Korea.
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Please be careful when filling in the bank transfer forms, paying close attention to the "Recipient" details. If this information has not been filled in correctly, the banks involved in the transfer will need to have it verified. Alpari, as the recipient, will be charged 25 USD for this procedure, which will be charged back to you. If you represent a legal entity, you will need to provide our Payments Department with a Certificate of Incumbency or an extract from the company register (less than one month old and containing the full name of the company director), a copy of the Company Director's passport/ID and a signed copy of the client registration form. Individual clients may only make a bank wire transfer after sending a signed copy of their client registration formand a copy of their passport to our Payments Department. Documents may be faxed or sent by mail. You may also upload scanned copies to myAlpari in ”My Profile," in “Documents to Upload.” Alpari reserves the right to reject a deposit to your Alpari account if you have not provided Alpari with your signed client registration form (to open an account) and a copy of your passport/ID, if the purpose of payment does not correspond with the invoice (payment details) or if the funds have been transferred on behalf of a third party. In these cases, Alpari will be forced to return the funds to the bank account from which they were transferred. All costs incurred will be at the expense of the client. The Payments Department will only accept emails sent from your registered email address.
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Make a Withdrawal to Your Bank Account from the Company Account at ASB Bank Steps: 1. Go to the "Fund Withdrawal" section in myAlpari. 2. Fill out a request to withdraw funds from your Alpari account to your bank account. 3. A confirmation code will be sent to your registered mobile phone and/or email address. You will need to enter this code to complete your withdrawal request. 4. Check your "Transaction History" in myAlpari. If you see the status "Processing," it means that your request has been accepted. Once the request status reads "Funds sent," wait two business days before checking the balance of your bank account to make sure that the transfer was made successfully. The Purpose of Payment should look like this: • Remittance under the Client Agreement ********, dd **/**/**** * Where indicated, enter your myAlpari Number and the date your account was opened. Attention: The purpose of payment is standard and cannot be changed. We advise you have it approved with your bank. Commission:
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Transfers in USD: 15 USD Transfers in EUR: 10 EUR
The commissions shown are those of the sending bank. Any additional commission charged by correspondent banks and/or your bank will be deducted from the withdrawal amount. Processing Time: Within two business days of submitting the withdrawal request. Important: Please be careful when filling out the withdrawal request, paying close attention to the payment details. If a mistake has been made, the bank may be required to verify your information. You will be charged for the procedure of verification. Commission for Corrections at ASB Bank: • 30 NZD for transfers in USD or EUR Note:
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Funds may only be withdrawn in USD or EUR. You may only make a withdrawal in EUR from Alpari accounts denominated in EUR. The exchange rates at Alpari are updated daily and published in myAlpari. If you do not have enough money remaining on your account to cover the cost of commission, the commission will be taken out of your withdrawal amount.
Alpari will not accept any transfers to or from individuals or legal entities registered in Iran, Iraq or North Korea.
Credit/Debit Cards (VISA/MasterCard only) Steps: • 1. Log in to myAlpari and go to the "Fund Deposit" section. • 2. Select "Credit/Debit Card." • 3. Choose your deposit currency (USD or EUR), the type of the credit/debit card (VISA or MasterCard) and enter your deposit amount. Click "Continue." Fill in the information required by the processing center and click "Submit."
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4. After you enter your credit/debit card information, a check will automatically be run to determine if your card has been activated in the Verified by Visa or MasterCard SecureCode programs.* If your card has already been activated in either the Verified by Visa or MasterCard SecureCode program,* you can enter your personal code in the special pop-up window. This code is used at all participating online merchants (you can learn more about your personal password at your issuing bank). By entering your password, the issuing bank confirms your identity as the cardholder, allowing you to make your transaction in secure mode. If your card has not yet been authorized in the Verified by Visa or MasterCard SecureCodeprogram,* all deposits made by credit/debit card are made normally.
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5. Go to your Transaction History in myAlpari to check the status of your payment. If you see the status "Processing," it means that your request has been accepted. 6. After you see the status “Funds deposited to account,” log in to your trading platform to confirm that the funds have been posted to your account.
* Verified by Visa and MasterCard SecureCode are programs designed to improve the security and reliability of online payments.
Commission: 2.5% Processing Time: Several hours. In some circumstances, the processing center may need to initiate an inquiry into your payment. If this happens, it may take longer for the funds to be posted to your account. If you follow the directions carefully, the chances that the processing center will need to interfere will be reduced significantly. Note: When funds are transferred from a credit/debit card, they will automatically be deposited to a separate, secure transitory account denominated in the deposit currency (either EUR or USD), which is created automatically when a deposit from a credit/debit card is made.
Important: • To make a deposit using a credit/debit card (for cards with an actual cardholder), you will need to provide the Payments Department with a scanned copy or photo of your passport and a scanned copy or photo of the credit/debit card(front and back). On the front, you should be able to see the cardholder's full name, the name of the bank that issued the card and the first six and the last four digits of the card number (the rest of the digits may be covered). The copy or scan of the reverse side should show the cardholder's signature. The CVC2/CVV2 code must be covered. If you are transferring funds from a prepaid or virtual credit card (one where the cardholder's name is not shown), you will need to send the Payments Department a scan of the official confirmation letter from the issuing bank verifying that you are the cardholder. You may upload scans of your passport and credit/debit card to myAlpari in the "My Profile" section, in "Documents to Upload." Upload the scan or photo of your passport/ID to "Official Proof of Citizenship" and the scan or copy of your credit/debit card to "Scanned Copy of Credit/Debit Card." If you use more than one card to make the deposit, please provide a scanned copy of each card. (Please see clause 5.4.4 in the Regulations on Non-Trading Operations for more about making transfers with a credit/debit card.) • Deposits to Alpari accounts can only be made from a credit/debit card in the name of the account holder.
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After making a deposit to your account using a credit/debit card, you will only be able to make a withdrawal from this account to another one of your accounts at Alpari or to a bank account (via wire transfer) opened in your name. Transfers to third parties will not be accepted.
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Important: You will only be able to make a deposit to your account from a Visa Electron card if you know the CVC2/CVV2 code. You will also need to call your issuing bank to confirm that your card is set up for making remote payments.
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Right-click to bring up a drop-down menu. Select "Save as Report" from the drop-down menu.
By right-clicking in the "Account History" tab, you can choose to generate a trading report for the entire history of trading ("All History"), the "Last 3 Months," or the "Last Month." Or generate a report for the time period of your choice by selecting "Custom Period." Daily trading reports (Confirmations) and monthly reports (Statements) are sent to your registered email address. What You'll Find in Your Trading Report: • 1. Deposit/Withdrawal: the total result of deposits and withdrawals to/from the account over the reporting period (if no deposits or withdrawals were made, "Deposit/Withdrawal" will read 0 • 2. Credit Facility: credit available • 3. Closed Trade P/L: total profits or losses from transactions closed during the period • 4. Floating P/L: total floating profits and losses on all transactions open on a client's account at the time the report is generated • 5. Margin: total margin for all open transactions at the time the report is generated • 6. Balance: the total financial result of all completed trading and non-trading transactions on the trading account at the time the report is generated • 7. Equity: the total financial result of all completed trading and non-trading transactions as well as open positions on the trading account at the time the report is generated, calculated using the following formula: Equity = Balance + Credit + Floating Profit - Floating Loss • 8. Free Margin: funds available to open a new position at the time the report is generated, calculated using the following formula: Free Margin = Equity Margin. In addition to regular trading reports, MetaTrader 4 allows you to generate a "detailed report," which also includes additional information about your trading account, allowing you to analyze your trading performance more thoroughly. To generate a detailed report: • In MetaTrader 4, go to the "Account History" tab in the lower "Terminal" menu.
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Right-click to bring up a drop-down menu. Select "Save as Detailed Report" from the drop-down menu.
What You'll Find in Your Detailed Report (in addition to the information found in regular trading reports):
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1. Gross Profit: the sum of total profits on profit-earning positions over the reporting period 2. Gross Loss: the sum of total losses on loss-making positions over the reporting period 3. Total Net Profit: the difference between "Gross Profit" and "Gross Loss" 4. Profit Factor: a measure of your return, a coefficient showing the ratio of "Gross Profit" to "Gross Loss" 5. Expected Payoff: your "Total Net Profit" divided by the number of transactions made 6. Absolute Drawdown: drawdown from the initial acount balance, how much the balance has decreased in relation to the initial deposit 7. Maximum Drawdown: the largest drop from a peak to a trough during a certain time period (expressed as a monetary value), it may be higher than the "Absolute Drawdown" and show a loss even during a profit-earning period 8. Relative Drawdown: shows the "Maximum Drawdown" expressed as a percentage of initial deposit 9. Total Trades: the total number of completed transactions on the trading account 10. Short Positions (Win%): the number of short positions closed during the period (the percentage of short positions which earned a profit is shown in parentheses) 11. Long Positions (Win%): the number of long positions closed during the period (the percentage of long positions which earned a profit is shown in parentheses) 12. Profit Trades (% of Total): the total number of profit-earning transactions during the period (the percentage out of the total number of transactions is shown in parentheses) 13. Loss Trades (% of Total): the total number of loss-making transactions during the period (the percentage out of the total number of transactions is shown in parentheses) 14. Largest Profit Trade: the most earned on a single transaction 15. Largest Loss Trade: the most lost on a single transaction 16. Average Profit Trade: the average amount earned on transactions which earned a profit (Gross Profit / Profit Trades) 17. Average Loss Trade: the average amount lost on transactions which made a loss (Gross Loss / Loss Trades) 18. Maximum Consecutive Wins ($): the longest streak of consecutive profit-earning transactions (the total profits earned on these transactions, in the deposit currency, is shown in parentheses) 19. Maximum Consecutive Losses ($): the longest streak of consecutive loss-making transactions (the total losses earned on these transactions, in the deposit currency, is shown in parentheses) 20. Maximum Consecutive Profit (count): the most earned on a transaction during the streak of consecutive profit-earning transactions (the number of transactions in the streak is shown in parentheses) 21. Maximum Consecutive Loss (count): the most lost on a transaction during the streak of consecutive loss-making transactions (the number of transactions in the streak is shown in parentheses) 22. Average Consecutive Wins: the average number of consecutive profitearning transactions
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23. Average Consecutive Loss: the average number of consecutive lossmaking transactions
Bank Wire Transfer Here, you will find a list of the banks where Alpari has a company account. You can make a deposit to your Alpari accountfrom your account at any bank by transferring the funds to one of Alpari's company bank accounts. • Close1 Bank Transfer to Company Account at ASB Bank Steps: o 1. Go to the "Fund Deposit" section in myAlpari to generate a notice of deposit. You will need our company account information, which you can find by clicking "Company Bank Details" at the top of the page. o 2. Transfer the amount you wish to deposit from your personal bank account to our account at ASB Bank.
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3. Check the status of your deposit in your "Transaction History" in myAlpari. If you see "Processing," it means that your request has been accepted. 4. After you see the status “Funds deposited to account,” log in to your trading platform to confirm that the funds have been posted to your account.
5. If your deposit has not been posted to your account within 3 business days, please ask your bank for a SWIFT copy confirming that your funds have been transferred from your bank account. Send it to our Payments Department and we will conduct an inquiry into the matter. The Purpose of Payment should look like this: o The payment of invoice *****, dd **/**/****. Not related to business.
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* Where indicated, enter the invoice number and the date of the invoice. We advise you to have the purpose of payment pre-approved by your bank. After the request has been sent, you will be unable to make any changes. If the purpose of payment is entered incorrectly, your transfer will not be accepted. Commission: Your bank's wire transfer fee. You may also be charged additional fees by correspondent banks. Information about these fees (generally around 20-25 USD) may be withheld by your bank. Processing Time: Your transfer request should be processed within 2-3 business days of the time your funds were sent from your account. After the funds have been deposited to our account at ASB Bank, your deposit will be posted to your Alpari account. Note: o Transfers can be made in USD or EUR.
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Alpari will not accept any transfers to or from individuals or legal entities registered in Iran, Iraq or North Korea.
Attention:
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Please be careful when filling in the bank transfer forms, paying close attention to the "Recipient" details. If this information has not been filled in correctly, the banks involved in the transfer will need to have it verified. Alpari, as the recipient, will be charged 25 USD for this procedure, which will be charged back to you. If you represent a legal entity, you will need to provide our Payments Department with a Certificate of Incumbency or an extract from the company register (less than one month old and containing the full name of the company director), a copy of the Company Director's passport/ID and a signed copy of the client registration form. Individual clients may only make a bank wire transfer after sending a signed copy of their client registration formand a copy of their passport to our Payments Department. Documents may be faxed or sent by mail. You may also upload scanned copies to myAlpari in ”My Profile," in “Documents to Upload.” Alpari reserves the right to reject a deposit to your Alpari account if you have not provided Alpari with your signed client registration form (to open an account) and a copy of your passport/ID, if the purpose of payment does not correspond with the invoice (payment details) or if the funds have been transferred on behalf of a third party. In these cases, Alpari will be forced to return the funds to the bank account from which they were transferred. All costs incurred will be at the expense of the client. The Payments Department will only accept emails sent from your registered email address.
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Make a Withdrawal to Your Bank Account from the Company Account at ASB Bank Steps: 1. Go to the "Fund Withdrawal" section in myAlpari. 2. Fill out a request to withdraw funds from your Alpari account to your bank account. 3. A confirmation code will be sent to your registered mobile phone and/or email address. You will need to enter this code to complete your withdrawal request. 4. Check your "Transaction History" in myAlpari. If you see the status "Processing," it means that your request has been accepted. Once the request status reads "Funds sent," wait two business days before checking the balance of your bank account to make sure that the transfer was made successfully. The Purpose of Payment should look like this: • Remittance under the Client Agreement ********, dd **/**/**** * Where indicated, enter your myAlpari Number and the date your account was opened. Attention: The purpose of payment is standard and cannot be changed. We advise you have it approved with your bank. Commission:
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Transfers in USD: 15 USD Transfers in EUR: 10 EUR
The commissions shown are those of the sending bank. Any additional commission charged by correspondent banks and/or your bank will be deducted from the withdrawal amount. Processing Time: Within two business days of submitting the withdrawal request. Important: Please be careful when filling out the withdrawal request, paying close attention to the payment details. If a mistake has been made, the bank may be required to verify your information. You will be charged for the procedure of verification. Commission for Corrections at ASB Bank: • 30 NZD for transfers in USD or EUR Note:
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Funds may only be withdrawn in USD or EUR. You may only make a withdrawal in EUR from Alpari accounts denominated in EUR. The exchange rates at Alpari are updated daily and published in myAlpari. If you do not have enough money remaining on your account to cover the cost of commission, the commission will be taken out of your withdrawal amount.
Alpari will not accept any transfers to or from individuals or legal entities registered in Iran, Iraq or North Korea.
Credit/Debit Cards (VISA/MasterCard only) Steps: • 1. Log in to myAlpari and go to the "Fund Deposit" section. • 2. Select "Credit/Debit Card." • 3. Choose your deposit currency (USD or EUR), the type of the credit/debit card (VISA or MasterCard) and enter your deposit amount. Click "Continue." Fill in the information required by the processing center and click "Submit."
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4. After you enter your credit/debit card information, a check will automatically be run to determine if your card has been activated in the Verified by Visa or MasterCard SecureCode programs.* If your card has already been activated in either the Verified by Visa or MasterCard SecureCode program,* you can enter your personal code in the special pop-up window. This code is used at all participating online merchants (you can learn more about your personal password at your issuing bank). By entering your password, the issuing bank confirms your identity as the cardholder, allowing you to make your transaction in secure mode. If your card has not yet been authorized in the Verified by Visa or MasterCard SecureCodeprogram,* all deposits made by credit/debit card are made normally.
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5. Go to your Transaction History in myAlpari to check the status of your payment. If you see the status "Processing," it means that your request has been accepted. 6. After you see the status “Funds deposited to account,” log in to your trading platform to confirm that the funds have been posted to your account.
* Verified by Visa and MasterCard SecureCode are programs designed to improve the security and reliability of online payments.
Commission: 2.5% Processing Time: Several hours. In some circumstances, the processing center may need to initiate an inquiry into your payment. If this happens, it may take longer for the funds to be posted to your account. If you follow the directions carefully, the chances that the processing center will need to interfere will be reduced significantly. Note: When funds are transferred from a credit/debit card, they will automatically be deposited to a separate, secure transitory account denominated in the deposit currency (either EUR or USD), which is created automatically when a deposit from a credit/debit card is made.
Important: • To make a deposit using a credit/debit card (for cards with an actual cardholder), you will need to provide the Payments Department with a scanned copy or photo of your passport and a scanned copy or photo of the credit/debit card(front and back). On the front, you should be able to see the cardholder's full name, the name of the bank that issued the card and the first six and the last four digits of the card number (the rest of the digits may be covered). The copy or scan of the reverse side should show the cardholder's signature. The CVC2/CVV2 code must be covered. If you are transferring funds from a prepaid or virtual credit card (one where the cardholder's name is not shown), you will need to send the Payments Department a scan of the official confirmation letter from the issuing bank verifying that you are the cardholder. You may upload scans of your passport and credit/debit card to myAlpari in the "My Profile" section, in "Documents to Upload." Upload the scan or photo of your passport/ID to "Official Proof of Citizenship" and the scan or copy of your credit/debit card to "Scanned Copy of Credit/Debit Card." If you use more than one card to make the deposit, please provide a scanned copy of each card. (Please see clause 5.4.4 in the Regulations on Non-Trading Operations for more about making transfers with a credit/debit card.) • Deposits to Alpari accounts can only be made from a credit/debit card in the name of the account holder.
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After making a deposit to your account using a credit/debit card, you will only be able to make a withdrawal from this account to another one of your accounts at Alpari or to a bank account (via wire transfer) opened in your name. Transfers to third parties will not be accepted.
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Important: You will only be able to make a deposit to your account from a Visa Electron card if you know the CVC2/CVV2 code. You will also need to call your issuing bank to confirm that your card is set up for making remote payments.
