Question about fees on leveraged trades
Aug 05, 2023 at 09:53
356 Zobrazení
5 Replies
Členom od Aug 05, 2023
1 príspevkov
Aug 05, 2023 at 09:53
Hey all,
Just trying to understand what leverage is and how it works. Seen in a few places that there isn't any fees charged on positions that aren't held overnight for forex. Is this true? And by extension, does this also apply to a leveraged trade? Meaning let's say I use 1:50 leverage, but I close all my positions and don't keep them overnight (so say for argument's sake, I'm scalping). Am I charged any fees/interest/commission? And yeah I know this is a forum for forex, but was just wondering, if anyone knows if this differs to stock trading?
Just trying to understand what leverage is and how it works. Seen in a few places that there isn't any fees charged on positions that aren't held overnight for forex. Is this true? And by extension, does this also apply to a leveraged trade? Meaning let's say I use 1:50 leverage, but I close all my positions and don't keep them overnight (so say for argument's sake, I'm scalping). Am I charged any fees/interest/commission? And yeah I know this is a forum for forex, but was just wondering, if anyone knows if this differs to stock trading?
Členom od Jun 27, 2023
7 príspevkov
Aug 09, 2023 at 14:35
Hey!
Leverage in forex allows you to control a larger position with a smaller amount of capital. For instance, with 1:50 leverage, $1 in your account can control $50 in the market.
Leverage in forex allows you to control a larger position with a smaller amount of capital. For instance, with 1:50 leverage, $1 in your account can control $50 in the market.
Členom od Jun 28, 2023
17 príspevkov
Sep 20, 2023 at 16:07
You're right, in forex, there typically aren't fees for holding positions intraday, even with leverage. It's different from stock trading, where fees can vary.
Členom od Sep 07, 2023
3 príspevkov
Nov 13, 2023 at 06:14
ThomasNovak posted:Is the first method more profitable?
You're right, in forex, there typically aren't fees for holding positions intraday, even with leverage. It's different from stock trading, where fees can vary.
Členom od Nov 06, 2023
9 príspevkov
Nov 13, 2023 at 12:39
it will depend on the broker. Ask them directly because fees really be different between brokers
Členom od Feb 12, 2016
53 príspevkov
Nov 14, 2023 at 08:55
nier22 posted:There are indeed islamic (or swap free) accounts offered by some brokers like Hotforex, Tickmill etc. You're not charged nor credited swaps if you hold positions overnight in these accounts. Leverage for intraday trades is free means you only pay spreads to enter/exit trade.
Hey all,
Just trying to understand what leverage is and how it works. Seen in a few places that there isn't any fees charged on positions that aren't held overnight for forex. Is this true? And by extension, does this also apply to a leveraged trade? Meaning let's say I use 1:50 leverage, but I close all my positions and don't keep them overnight (so say for argument's sake, I'm scalping). Am I charged any fees/interest/commission? And yeah I know this is a forum for forex, but was just wondering, if anyone knows if this differs to stock trading?
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