Balance is the amount of money in your account excluding any floating profit or loss from open positions.
Equity is your balance plus or minus the floating profit or loss on your open positions.
Formula:
Equity = Balance + Floating Profit/Loss
Balance is the amount of money in your account excluding any floating profit or loss from open positions.
Equity is your balance plus or minus the floating profit or loss on your open positions.
Formula:
Equity = Balance + Floating Profit/Loss