Question about fees on leveraged trades

Aug 05, 2023 at 09:53
591 Görüntüleme
5 Replies
Aug 05, 2023 zamanından beri üye   1 iletiler
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?
Jun 27, 2023 zamanından beri üye   7 iletiler
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.

Jun 28, 2023 zamanından beri üye   15 iletiler
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.
Sep 07, 2023 zamanından beri üye   2 iletiler
Nov 13, 2023 at 06:14
ThomasNovak posted:
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.

Is the first method more profitable?
Nov 06, 2023 zamanından beri üye   8 iletiler
Nov 13, 2023 at 12:39
it will depend on the broker. Ask them directly because fees really be different between brokers
Feb 12, 2016 zamanından beri üye   126 iletiler
Nov 14, 2023 at 08:55
nier22 posted:
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?

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.
Giriş yap / Kayıt Ol to comment
You must be connected to Myfxbook in order to leave a comment
*Ticari kullanım ve istenmeyen e-postalara müsamaha gösterilmez ve hesabın feshedilmesine neden olabilir.
İpucu: Bir resim/youtube urlsi yayınlamak, onu otomatik olarak gönderinize gömer!
İpucu: Bu tartışmaya katılan bir kullanıcı adını otomatik olarak tamamlamak için @ işaretini yazın.