Swap?
- This topic has 1 reply, 2 voices, and was last updated 8 years, 10 months ago by
.
Viewing 2 posts - 1 through 2 (of 2 total)
-
Posts
-
Hi Rich
What is Swap? it appears on Metatrader balance sheet, some trades there is a charge and others no charge
Keith
Hi Keith, the forex swap rate is interest earned or paid when you hold positions overnight. It’s calculated based on the interest rates of the countries involved in each currency pair and whether the position held is short or long. In a currency pairing the interest is paid on the currency sold and received on the currency bought. You can see a table of GKFX’s swap rates here – http://www.gkfx.co.uk/swap-rates
Viewing 2 posts - 1 through 2 (of 2 total)
- You must be logged in to reply to this topic.