Why did my Forex Gain/Loss go down and my Asset Gain/Loss go up after the portfolio update?
Your Forex Gain/Loss went down and your Asset Gain/Loss went up because the latest portfolio update changed how the same total gain on US Stocks is split between the two lines. A US stock's Rupiah gain has three parts: the share price gain, the exchange rate gain on the money you put in, and the exchange rate gain on your profit itself. Before the update, that last part was counted as Forex Gain/Loss. Now it counts as Asset Gain/Loss, because you only earned it by owning the stock. Your total unrealised profit or loss is unchanged: one line went down and the other went up by roughly the same amount. No money moved, and no rate, fee or holding changed.
Worked example (simplified, illustrative rates)
You put in US$1,000 when US$1 = Rp15,000, so Rp15,000,000. The holding is now worth US$1,200 and US$1 = Rp16,000, so Rp19,200,000. Your total gain is Rp4,200,000.
| Part of the gain | Calculation | Amount |
|---|---|---|
| Share price gain at the old rate | US$200 × Rp15,000 | Rp3,000,000 |
| Exchange rate gain on the money you put in | US$1,000 × Rp1,000 | Rp1,000,000 |
| Exchange rate gain on your profit | US$200 × Rp1,000 | Rp200,000 |
| Asset Gain/Loss | Forex Gain/Loss | Total | |
|---|---|---|---|
| Before the update | Rp3,000,000 | Rp1,200,000 | Rp4,200,000 |
| After the update | Rp3,200,000 | Rp1,000,000 | Rp4,200,000 |
- How to read it now. Asset Gain/Loss is your profit in US dollars converted at today's rate. Forex Gain/Loss is the exchange rate effect on the dollars you originally put in.
- When to contact us. If your total unrealised profit or loss changed, or Forex Gain/Loss fell without Asset Gain/Loss rising, contact Pluang Customer Service.
Related questions:
Q: Did I lose money when my Forex Gain/Loss went down?
No. The decrease in Forex Gain/Loss was matched by an increase in Asset Gain/Loss of about the same size, so your total unrealised profit or loss stayed the same. The update changed only which line a part of your gain is shown in. Your shares, your USD balance, the exchange rate used and the fees you pay did not change, and nothing was sold or converted.
Q: Why does Pluang now count the currency gain on my profit as Asset Gain/Loss?
Because you only earned that part by owning the stock. If the share price had not risen, there would be no profit for the exchange rate to act on, so that part of the gain depends on the investment itself. Forex Gain/Loss now covers only the exchange rate effect on the money you originally put in, which you would have had even if the share price had stayed flat.
Q: How can I check that only the split changed?
Compare the two lines rather than the Forex Gain/Loss figure on its own. If Forex Gain/Loss went down and Asset Gain/Loss went up by a similar amount, and your total unrealised profit or loss is about the same, only the split changed. A small difference between two screenshots is normal, because share prices and the exchange rate keep moving between the moments you take them.
Q: Will this change the profit I receive when I sell?
No. The split between Asset Gain/Loss and Forex Gain/Loss is a way of explaining where your Rupiah result came from; it does not change your total. What you receive when you sell depends on the share price at the time of the sale, and the Rupiah you end up with depends on the exchange rate and conversion fee when you convert your US dollars.