Understading Account Statement

Account Statement contains detailed information about your Trading account, including trades, fees, financing, and transfers that affect your Trading account's Balance.

Account statement can be generated on the ‘Account summary’ page, by clicking the Account Statement button:

A separate account statement can be generated for a Covesting Fund, on the Covesting 'Trading history' tab.

Once you click on the Account statement button, select the timeframe for which you wish to generate an Account statement and click ‘Generate’:

Understanding Balance changes in account statement.

Let’s take a look at how Balance Details are reflected in Account Statement. On the screenshot below you will see all of the logs for a Long (Sell) position #29501454:

Each position will reflect at least 3 ACTIONS in Account statement: - Trade fee paid when Opening position - Realized Profit/Loss incurred from a position - Trade fee paid when Closing position

Balance column reflects trading account balance AFTER the Profit/Loss has been added/deducted

1) The 1st ACTION - opening order #29501454 for position #29501454 . This ACTION reflects the trade commission paid when Opening position #29501454 (position # is identical to opening order #):

This opening trade fee shows a Profit/Loss of -0.00271125. This means that the trade fee for opening this trade is 0.00271125 BTC. 2) The 2nd ACTION - closing order #29618647 for position #29501454. This ACTION reflects the realized Profit of 0.04911422 BTC for this position.

3) The 3rd ACTION - closing transfer #29618647, for position #29501454. This ACTION reflects the trade fee paid when Closing position #29501454 (Closing transfer # is identical to Closing order#):

This closing trade commission shows a Profit/Loss of -0.00271125.This means that the trade fee for closing this trade is 0.00271125

Balance column reflects account balance AFTER the Profit/Loss has been added/deducted

Additionally, Account statement reflects any incurred Financing fees:

Transfers to/from Trading account

Account Statement also reflects transfers made to and from your Trading account.