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Broker swap increase

Shawn (Shawnlittle)
Nov 22 2021 at 17:24
posts 3
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?

Suradi (FXOday)
Nov 22 2021 at 21:09
posts 205
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.

Treeny
Nov 23 2021 at 20:25
posts 184
Run two brokers alongside each other and place the same trades on each to see which has the highest swaps/commission/spreads. It's a good way to find the cheapest broker.

Shawn (Shawnlittle)
Nov 23 2021 at 20:37
posts 3
Any recommendation for an alternative broker?

kirentheren
Nov 23 2021 at 22:39
posts 7
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.

SofieAndreasen
Dec 05 2021 at 21:07
posts 736
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.

LyudmilLukanov
Dec 09 2021 at 14:31
posts 735
If you put your position on Wednesday and keep it open on Thursday, your swaps will triple.

croisssan
Dec 09 2021 at 17:57
posts 642
I still try to treat this issue rather carefully, because my profit depends on it.

Reece Rispoli (reece22)
Dec 09 2021 at 22:31
posts 67
Treeny posted:
Run two brokers alongside each other and place the same trades on each to see which has the highest swaps/commission/spreads. It's a good way to find the cheapest broker.


Good recommendation it will show deffiently

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