What are the swap fees for trading cryptocurrencies on MT4?

3 answers

• Faezeh DehghanJan 16, 2024 · 2 years ago
  Swap fees for trading cryptocurrencies on MT4 are charges that occur when you hold a position overnight. These fees are calculated based on the interest rate differential between the two currencies in the pair you are trading. The swap fee can be positive or negative, depending on whether you are buying or selling the cryptocurrency. Factors that can affect swap fees include the interest rates set by central banks, market volatility, and the liquidity of the cryptocurrency pair.
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• Md lablu MiaJun 29, 2021 · 4 years ago
  When trading cryptocurrencies on MT4, swap fees are the costs associated with keeping a position open overnight. These fees are determined by the interest rate differential between the two currencies in the pair you are trading. If the interest rate of the currency you are buying is higher than the interest rate of the currency you are selling, you may receive a positive swap fee. Conversely, if the interest rate of the currency you are selling is higher, you may incur a negative swap fee. It's important to consider swap fees when holding positions for an extended period of time.
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• purva PednekarNov 09, 2024 · 8 months ago
  Swap fees for trading cryptocurrencies on MT4 are calculated based on the interest rate differential between the two currencies in the pair you are trading. These fees can be positive or negative, depending on the direction of your trade and the interest rates of the currencies involved. It's worth noting that different brokers may have slightly different swap fee structures, so it's important to check with your specific broker for the exact fees. At BYDFi, we offer competitive swap fees for trading cryptocurrencies on MT4, ensuring that you can trade with confidence and transparency.
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