perryjohn765
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regarding swaps, there are a lot of brokers who charge triple swaps on wednesday. My point is why should a person pay triple on wednesday if he wants to close his trade on thursday
Swap a.k.a interest is paid or charged (depending on which pair you trading) every day...365 days a year.regarding swaps, there are a lot of brokers who charge triple swaps on wednesday. My point is why should a person pay triple on wednesday if he wants to close his trade on thursday
Because they are making up for the weekend where they can't charge swaps, they charge triple on a Wednesday instead. Even if you open a trade on a Wednesday and hold into Thursday, you will be charged triple.regarding swaps, there are a lot of brokers who charge triple swaps on wednesday. My point is why should a person pay triple on wednesday if he wants to close his trade on thursday