yogeshwartyagi Posted September 22, 2011 Share Posted September 22, 2011 I noticed that whenever i kept my position open over night, broker adds swap charges to my trade, and for long trades it is lesser, while for those short it is much higher. Do anyone know what may be the reason for different swap on long and short trades? Quote Link to comment Share on other sites More sharing options...
budado Posted November 13, 2011 Share Posted November 13, 2011 May I know what is your broker? So far I never encounter this. But as far as I know theirs no charge on it as long you don't hit the margin that will force the close of the trade. But I guess its depends on the broker that you have. theirs also brokers that charge if you do scalping. So if I'm you you chance broker. Quote Link to comment Share on other sites More sharing options...
senger Posted December 5, 2011 Share Posted December 5, 2011 Swap in the forex brokerage firms, or when the primary source of profit is the income benefit of brokerage firms But there are some accounts that has the free swap Quote Link to comment Share on other sites More sharing options...
budado Posted January 24, 2012 Share Posted January 24, 2012 I noticed that whenever i kept my position open over night, broker adds swap charges to my trade, and for long trades it is lesser, while for those short it is much higher. Do anyone know what may be the reason for different swap on long and short trades? I have two brokers that has swap right now. Its really weird. In the other one I earn profit if I'm in sell and pay when I'm in buy. But in one of other brokers I have I pay even if I'm in buy or I'm in sell. In my experience. its usually ten to 20 cents per day. that means in a week Its 1 dollar fee. In a month its 4 dollars fee more or less. that's about 40 pips only. So I think its till advisable to hold your trade and pay fees. Quote Link to comment Share on other sites More sharing options...
rexway Posted February 1, 2012 Share Posted February 1, 2012 This is totaly depend on your broker,as for me i dont experince such thing on my account am currently using Liteforex,may i know your broker and i will tell you why. Quote Link to comment Share on other sites More sharing options...
budado Posted March 6, 2012 Share Posted March 6, 2012 This is totaly depend on your broker,as for me i dont experince such thing on my account am currently using Liteforex,may i know your broker and i will tell you why. I have marketiva, fxpro, liteforex, uwcfx, instaforex, forex.com and fxcm right now. Just one question what kind of account you have in liteforex? And how much do you have in here and how many trade you do a week? and you can add more informations if you like. Enlighten me. thanks. Quote Link to comment Share on other sites More sharing options...
luke1 Posted March 8, 2012 Share Posted March 8, 2012 As I know here the Swap method is trying to make the trade as fast as they can. This is why usually is on the short trade here. Not hoping on the long trade Quote Link to comment Share on other sites More sharing options...
yenney611 Posted March 9, 2012 Share Posted March 9, 2012 there are brokers that will require you to pay for swap, maybe it is one way of having an income for them due to that you have traded overnight. and i have noticed that when you register your account to a broker, it will ask you whether to check on swap or not, maybe you could uncheck your settings so that they will not charge you. Quote Link to comment Share on other sites More sharing options...
flybiz08 Posted March 28, 2012 Share Posted March 28, 2012 Not all brokers offer these swap free account as you put it. It is those brokers that try to attract vlients who have religious iclination against swaps that such accounts were created for. I personally do not like these swap free accounts because a trader will not earn the huge positive swaps on exotics. Quote Link to comment Share on other sites More sharing options...
flybiz08 Posted March 28, 2012 Share Posted March 28, 2012 It is not true to say that swaps are more on the short trades. With every currency in a traded pairs,that whose interest rate is higher pays a trader some amount if thet rader were taking that side of the pair. It is an equal opportunity to be on the negative aspect of the swaps if you ask me. Quote Link to comment Share on other sites More sharing options...
rexway Posted April 3, 2012 Share Posted April 3, 2012 Swap is not on short term trading only its depend on your choice of broker,and for your answer @Budado I think its now that I get you clearly you beter send your broker a PM or beter continue with the way you operate. Quote Link to comment Share on other sites More sharing options...
antthenait Posted May 1, 2012 Share Posted May 1, 2012 This is the procedure of pass through any border line. As we know that we have to pass from a broker's agency. So they may take some charges as position support. As short term treader should use this slot for trade within a short time. So if you block that position over a night or some long time then they should take that charges. But you need to make sure about your exact operation as charges are depending upon our total operation. Quote Link to comment Share on other sites More sharing options...
Milo Beck Posted November 27, 2014 Share Posted November 27, 2014 I feel pity for people who have to pay heavy swap with all their trades, but the same time I feel fortunate to be trading with OctaFX broker, it is a company that allow me to open swap free account without having to prove my religion and thanks to that I can trade with complete freedom as it does not matter if the trade is short or long I don’t have to pay a penny of the fees for it. Quote Link to comment Share on other sites More sharing options...
standart Posted January 9, 2015 Share Posted January 9, 2015 if we are let positions floating, there are minus or plus on swap collums. its a form of interest regarding with trades exchange. however, according to my experience, it often to end up with minus than plus. no matter my positions on floating loss or profit. Quote Link to comment Share on other sites More sharing options...
myregister Posted February 17, 2016 Share Posted February 17, 2016 Depend on its Pair, with EURUSD you won't see any swap even if you LONG or SHORT. While AUDUSD or NZDUSD if i don't make any mistake you will get swap when you prefer LONG since AUD and NZD is basically a base currency that offer interest rate higher than those two and not near zero. Quote Link to comment Share on other sites More sharing options...
Anne Morris Posted June 20, 2017 Share Posted June 20, 2017 I really don’t waste my time into swap as I operate on swap free account under OctaFX broker. They are awesome with been regulated by FCA plus are a true ECN that too an award winning one, so I feel pretty special with them. I use their swap free account which means there are no concerns about paying overnight charges at all and allow me to perform nicely in all situations and keeps it all going smoothly all the time. Quote Link to comment Share on other sites More sharing options...
Sininfinity Posted July 18, 2017 Share Posted July 18, 2017 Swap is dependent on interest rates. Now the interest rate of different countries is set in a way so more swaps can be gained from short trades. If interest rate of different countries dramatically change then the opposite can also happen. Quote Link to comment Share on other sites More sharing options...
uncle gober Posted July 18, 2017 Share Posted July 18, 2017 correctly. So it is very important for traders to be able to improve their trading insight when running forex trading. I am always active in forums like this to be able to brainstorm and share information with other Tickmill members. It's done to increase my trading horizons. Quote Link to comment Share on other sites More sharing options...
Dion Ebrahim Posted July 18, 2017 Share Posted July 18, 2017 Frankly speaking, I don’t have complete awareness as far swap is concerned, so I don’t know why swap is more on short trades. I don’t prefer paying swap at all, so more or less swap is not the thing I need to know. This is all possible with broker like OctaFX who have Islamic Account through which one can trade quite easily and is ideal way through which we can perform and also able to gain fair amount of rewards. Quote Link to comment Share on other sites More sharing options...
Sininfinity Posted May 22, 2018 Share Posted May 22, 2018 Frankly speaking, I don’t have complete awareness as far swap is concerned, so I don’t know why swap is more on short trades. I don’t prefer paying swap at all, so more or less swap is not the thing I need to know. These are the basic things you should know. They may not be of concern but if you are trading for real then at some point you may find the information useful. Because some companies create rules around it. Quote Link to comment Share on other sites More sharing options...
bigxy Posted May 23, 2018 Share Posted May 23, 2018 I noticed that some of the brokers are also offering swap free accounts to their traders as well. Quote Link to comment Share on other sites More sharing options...
amri.rudi Posted June 17, 2018 Share Posted June 17, 2018 It's depend on your broker rules about swap.. Quote Link to comment Share on other sites More sharing options...
Sininfinity Posted August 29, 2018 Share Posted August 29, 2018 Well swap depends on the individual exchange rates. For some currency pairs it is more and for some currency pairs it is less. Quote Link to comment Share on other sites More sharing options...
moneyrig Posted October 3, 2018 Share Posted October 3, 2018 I have not experienced this. I think swap fee may vary depending on the forex broker. I think you should compare with another broker and if there is some difference, contact your broker and ask why there is such difference. Quote Link to comment Share on other sites More sharing options...
Rossyoe Posted October 4, 2018 Share Posted October 4, 2018 I have marketiva, fxpro, liteforex, uwcfx, instaforex, forex.com and fxcm right now. Just one question what kind of account you have in liteforex? And how much do you have in here and how many trade you do a week? and you can add more informations if you like. Enlighten me. thanks. I've traded for sometimes and I started with instaforex and have also used FXCM. See, I think the idea of swap is relative, I noticed on my instaforex site, swap was alot, but the same cannot be said for FXCM Quote Link to comment Share on other sites More sharing options...
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