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SWAP term in forex

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Fxortrader

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Swap is the difference in the benchmark interest rate that applies in each country whose currency is traded on the forex market. Swap is only accepted by traders from overnight positions past midnight (broker server time) and will be determined based on whether the position opened by the trader includes long positions (buy a pair) or short positions (sell a pair). In any pair, the trader must pay interest on the currency sold, and at the same time will receive interest from the currency purchased.

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#1 - February 05, 2019, 02:17:40 PM

Admin

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Here is an example of how to make some money just by holding trades long term. I currently have some EURUSD sell trades open with Oanda. Each day I get almost $20 just in swap rate interest. You can also be charged a negative rate too so be careful.
#2 - February 05, 2019, 02:37:28 PM
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Londo pekok

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swap trading, can also generate profits, then what about negative swaps?

I've also experienced something like this, a position when the profit why it gets a negative swap
#3 - February 05, 2019, 02:58:56 PM

Fxortrader

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Quote from: Admin on February 05, 2019, 02:37:28 PM
Here is an example of how to make some money just by holding trades long term. I currently have some EURUSD sell trades open with Oanda. Each day I get almost $20 just in swap rate interest. You can also be charged a negative rate too so be careful.
how do you do SWAP trading. there is a trick especially this SWAP trading, I don't understand SWAP trading. maybe you can teach the technique! to us.
#4 - February 05, 2019, 03:20:37 PM

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Quote from: Fxortrader on February 05, 2019, 03:20:37 PM
how do you do SWAP trading. there is a trick especially this SWAP trading, I don't understand SWAP trading. maybe you can teach the technique! to us.
You're the one that started the topic about swaps ;D

It is as you said. You will either pay interest or be credited interest for holding trades open. There is not much else to it. I held EURUSD sell trades open and received interest.
#5 - February 05, 2019, 03:23:16 PM

Fxortrader

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Quote from: Admin on February 05, 2019, 03:23:16 PM
You're the one that started the topic about swaps ;D

It is as you said. You will either pay interest or be credited interest for holding trades open. There is not much else to it. I held EURUSD sell trades open and received interest.
;Dhahaha.yes sir, I really started the topic about this swap. holding a negative position will give a positive swap. and so the reverse holds the position of profit will give a negative swap. it's not like that!
#6 - February 05, 2019, 03:28:12 PM

Reztu

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Some of new trader just know Swap is fee that must trader pay if holding position among two or more days in server time. That's not true. We could gain more profit by Swap too.

Please correct if I'm wrong
#7 - February 05, 2019, 03:29:28 PM

Fxortrader

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Quote from: Reztu on February 05, 2019, 03:29:28 PM
Some of new trader just know Swap is fee that must trader pay if holding position among two or more days in server time. That's not true. We could gain more profit by Swap too.

Please correct if I'm wrong
about swaps, if you create a trading account using a swap account. then a swap will occur but there is also a broker that provides free swap services,
#8 - February 05, 2019, 11:56:19 PM

Ruslan H

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I do not agree that brokers do not provide free swaps to open accounts because that is very detrimental to traders
#9 - February 06, 2019, 12:10:11 AM

Reztu

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Quote from: Fxortrader on February 05, 2019, 11:56:19 PM
about swaps, if you create a trading account using a swap account. then a swap will occur but there is also a broker that provides free swap services,
Pardon, I'm not talking about free swap. I see trader could chose free swap or swap when made account. I'm talking about getting minus swap or plus swap.
#10 - February 06, 2019, 03:38:18 AM

ariezz

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Quote from: Fxortrader on February 05, 2019, 02:17:40 PM
Swap is the difference in the benchmark interest rate that applies in each country whose currency is traded on the forex market. Swap is only accepted by traders from overnight positions past midnight (broker server time) and will be determined based on whether the position opened by the trader includes long positions (buy a pair) or short positions (sell a pair). In any pair, the trader must pay interest on the currency sold, and at the same time will receive interest from the currency purchased.
some traders use SWAP to get more profit in forex trading transactions, but some traders, especially Muslim traders, don't use it, including myself.

SWAP is sometimes also used for cheating, such as by doing ballance trading, which is a strategy that is often banned by brokers because it is detrimental to the broker.
#11 - February 06, 2019, 04:49:11 AM

Satria41

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Quote from: Fxortrader on February 05, 2019, 02:17:40 PM
Swap is the difference in the benchmark interest rate that applies in each country whose currency is traded on the forex market. Swap is only accepted by traders from overnight positions past midnight (broker server time) and will be determined based on whether the position opened by the trader includes long positions (buy a pair) or short positions (sell a pair). In any pair, the trader must pay interest on the currency sold, and at the same time will receive interest from the currency purchased.
I don't understand the benefits, swap availability and swap shortages, when activated and deactivated in the trading account settings,

and is it better to activate the swap or deactivate it?
#12 - February 06, 2019, 04:59:17 AM

Fxortrader

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Quote from: Satria41 on February 06, 2019, 04:59:17 AM
I don't understand the benefits, swap availability and swap shortages, when activated and deactivated in the trading account settings,

and is it better to activate the swap or deactivate it?
there is an advantage in trading using a SWAP account, if you trade then you hold the position to the minus then you will get a positive swap (interest) (otherwise margin of interest) otherwise if you hold a positive position then you will be swapped ( Interest) negative.
#13 - February 06, 2019, 05:14:30 AM

Satria41

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Quote from: Fxortrader on February 06, 2019, 05:14:30 AM
there is an advantage in trading using a SWAP account, if you trade then you hold the position to the minus then you will get a positive swap (interest) (otherwise margin of interest) otherwise if you hold a positive position then you will be swapped ( Interest) negative.
thanks for the answer, hopefully other forum members can understand this, which means that swaps can be very petrified when interest is returned when the transaction conditions are in unfavorable conditions ..
#14 - February 06, 2019, 05:29:22 AM

aizafx

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In fact, there are negative swap and positive swap in trading, but this also depending with broker, because some broker right now already offer free swap account, especially for swing trader that often hold position more than one day, they will no charged by swap fee, if choose broker that offer free swap, no worries although open order more than a week will never charged by swap fee
#15 - February 06, 2019, 06:15:59 AM
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