Does Forex swap bothers you?

Discussion in 'Forex' started by Opcodes, Mar 11, 2020.

  1. Opcodes

    Opcodes

    Any swing traders here know any swap free non-bucketshop brokers?

    I'm currently trading at LMAX
     
  2. Sig

    Sig

    No, the very question displays a complete lack of understanding of what the swap represents.
     
    Byrne.d46 likes this.
  3. bublu

    bublu

    You are absolutely right, a bot typed one post marketing a bucket shop broker itself i guess!
     
  4. If you are trading in a currency pair then swap is simply the interest rate between the two currencies of such pair. Swap is the interest which is sometimes paid to you and sometimes it is paid by you. This depends upon your position in the market. If your position in forex market is for a long time then interest is given to you and if your position is for short time then this interest is cut from your account.
     
  5. Sig

    Sig

    Make the bots go away! This is getting to be absurd.
     
  6. was hoping to see something new, well i guess there is non, lol. but yeah, we deal with swaps. atleast try to understand where it comes from and to where it goes
     
  7. Opcodes

    Opcodes

    currency futures and etf have no swap so yey etf