InvestorsHub Logo
Followers 0
Posts 1
Boards Moderated 0
Alias Born 05/22/2016

Re: None

Monday, 06/06/2016 7:26:47 AM

Monday, June 06, 2016 7:26:47 AM

Post# of 7
Commission and Swap are both in dollars, or whatever your account currency is. So you've paid $0.26 in commission and received $1.44 in interest (swap).

The swap will increase each day as long as the trade is open, and sometimes it will be negative, if you're paying interest.

You should be aware that most Forex brokers don't charge commission. But charging commission might allow them to provide a lower spread. So if you're happy with the broker, that's fine.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.