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Broker swap increase
Nov 22, 2021 at 17:24
Vistas 752
7 Replies
Miembro desde Jan 17, 2021
posts 6
Nov 22, 2021 at 17:24
Hey everyone,
I have been using Axi as a broker for a while now and I noticed in the last month that the swap rates have dramatically increased. Is this with every broker or just Axi?
I have been using Axi as a broker for a while now and I noticed in the last month that the swap rates have dramatically increased. Is this with every broker or just Axi?
Nov 22, 2021 at 21:09
Usually, swap calculation refers to central ban interest, if swap increasing maybe you need to check on the central bank on the currency you traded, if there is no change interest rate, maybe increasing swap fee is manipulation broker, if your broker offers free swap account, you can choose to use it, like as in FXOpen they also offer free swap account for Muslim trader.
Miembro desde Jan 17, 2021
posts 6
Nov 23, 2021 at 20:37
Any recommendation for an alternative broker?
Miembro desde Jun 11, 2020
posts 7
Nov 23, 2021 at 22:39
If you're living in Australia, I would suggest Fusion Markets. I have been with them for a month or so and it's been pretty good so far. Their Zero account is most of the times close to zero spread, competitive commissions and swaps.
Miembro desde Jul 23, 2020
posts 696
Dec 05, 2021 at 21:07
In the forex market, there is a fee called swap if you keep trading overnight. This is the interest you pay or receive depending on the pair.
Miembro desde Jul 23, 2020
posts 816
Dec 09, 2021 at 14:31
If you put your position on Wednesday and keep it open on Thursday, your swaps will triple.
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