Balance represents the realised value of your account and changes only when a trade is closed. Open (unrealised) positions do not affect the Balance.
It is calculated as: balance = initial account balance + realised total net profit and loss
Equity represents the real-time value of your account and reflects its current value, including open positions. Equity fluctuates continuously based on the profit or loss of open trades.
It is calculated as: equity = balance + unrealised net profit and loss
Summary:
- Balance reflects results from closed trades only
- Equity reflects the actual current value of the account
