Trades executed through OctaFX are no longer subject to swap fee
OctaFX, a global broker, recently said that all of the nations in which it conducts business are now swap-free. Now, traders who leave their orders open over night are not subject to this kind of cost.
Leverage is typically used in forex trading to open larger positions with the potential to make more money.
Trading with leverage involves borrowing money from a broker, so while an order is open for more than a day, the trader must pay interest. It may be charged through swap.
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