Net Income vs Net Profit: Exploring the Differences in Forex Trading

Net Income and Net Profit are two important financial terms related to Forex. Net Income is the difference between a company’s total revenue and expenses for a given period. This includes everything from wages paid out to any other financial costs that the company may have incurred during the defined period. Net Profit, on the other hand, is the company’s income after taxes for the same period are taken into account. It is important for traders to know the difference between these two terms when it comes to trading Foreign Exchange. A trader should assess his net income/profit from a trading session in order to make strategic decisions on future trades.