Replies to post #2719 on FOREX TRADERS

[ultimatepick]

You have to been on the positive side of the Central bank rate differential.
Go to http://www.dailyfx.com/ on the bottom left and see the rates.

For example if you go LONG NZD/JPY then you will earn 7.25% interest ... if you would have shorted it then you would have to pay interest.

[ElderWolf]

Transat...you place the trade the same as any other trade. The only way to get out of paying interest is to be on the right side of the trade with a 2% brokerage account. Hope this helps.