Lowest Swap Forex Brokers For Major Pairs
In forex trading, there are many types of fees that traders have to pay for brokers. Besides spread, traders should also pay for the swap. It is a commission, or an overnight interest charged by the broker to extend the position for the next trading day. A swap reflects the difference in interest rates between the two trading currencies.
If you prefer being a long-term trader, swap fees are important. Thus, you may need to choose forex brokers with the lowest swap. It will help you get more benefits, for it can reduce transaction costs for you. So, which forex pairs are you going to trade on? The list below gives you some forex brokers offering the lowest swap on Major Pairs.
3.28/5
-0.07 Short
-0.64 Long
Min. Deposit : $1
Leverage : 1:3000
3.54/5
-2.10 Short
-6.90 Long
Min. Deposit : $1
Leverage : 1:1000
4.62/5
-0.96 Short
-0.67 Long
Min. Deposit : $100
Leverage : 1:200
