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Forex Swap


Forex Swap is the cost of transfer an open transaction to another day. The deal "swap" is performed in case the trader wishes to transfer an open position for another day. There is a fee for this operation. In some cases, more profitable for the trader is closing the current transaction before the advent of new days to immediately open it again immediately after the onset of a new calendar date. Carrying out this operation, the trader moves the fixing date of the financial result of his account. The cost of operation will vary depending on the instrument and a specific day of the week.

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