What is Swap in Forex? Understanding Forex Swap Fees

Quick Summary:

Forex trading, a swap refers to the interest fee traders pay or earn for holding a position overnight.

Understanding how swaps work is crucial for managing trading costs and optimizing strategies.

By understanding how swaps work and adopting strategies to manage them, traders can minimize their impact on trading performance.

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Article Details

Author / Journalist: Sonam Aggarwal

Category: Crypto

Markets: India

Topics: What is swap in forex Swap Forex swap Forex News

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-16 @ 12:07:33 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinworld.co.in

Language: English

Article Length: 320 words

Reading Time: 2 minutes read

Sentences: 28 lines

Sentence Length: 12 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BitcoinWorld

News ID: 24431912

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About BitcoinWorld

Main Topics: Crypto

Official Website: bitcoinworld.co.in

Update Frequency: 26 posts per day

Year Established: 2020

Headquarters: India

News Last Updated: 10 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #121

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