• Home
  • Forums
  • Trades
  • News
  • Calendar
  • Market
  • Brokers
  • Login
  • Join
  • User/Email: Password:
  • 9:11am
Menu
  • Forums
  • Trades
  • News
  • Calendar
  • Market
  • Brokers
  • Login
  • Join
  • 9:11am
Sister Sites
  • Metals Mine
  • Energy EXCH
  • Crypto Craft

Options

Bookmark Thread

First Page First Unread Last Page Last Post

Print Thread

Similar Threads

Wide spreads - Should this be acceptable? 10 replies

Fading the short term trend with an acceptable stop loss 0 replies

Is it an acceptable position? 13 replies

What would you call an acceptable DD? 3 replies

iran calls package acceptable - n. t. 3 replies

  • Broker Discussion
  • /
  • Reply to Thread
  • Subscribe
  • 2
Attachments: Swaps ! Acceptable?
Exit Attachments
Tags: Swaps ! Acceptable?
Cancel

Swaps ! Acceptable?

  • Last Post
  •  
  • Page 1 2
  • Page 1 2
  •  
  • Post #1
  • Quote
  • First Post: Jul 4, 2007 1:38pm Jul 4, 2007 1:38pm
  •  highway
  • Joined Sep 2005 | Status: Member | 1,352 Posts
MIG charges about 10 pips for GBP/JPY interest on short ? And give only 2 pips on long?

Any broker that beat that?
  • Post #2
  • Quote
  • Edited 2:06pm Jul 4, 2007 2:00pm | Edited 2:06pm
  •  styxgroup
  • | Joined Sep 2006 | Status: Member | 36 Posts
how much you borrow from them ?

fxsol list below

http://forexfactory.com/attachment.p...1&d=1183572282
Attached Image (click to enlarge)
Click to Enlarge

Name: coc.jpg
Size: 74 KB
 
 
  • Post #3
  • Quote
  • Jul 4, 2007 2:53pm Jul 4, 2007 2:53pm
  •  shrike
  • Joined Jan 2007 | Status: Member | 1,818 Posts
At Oanda it is 4,55% and -5,30% p.A. - that corresponds to +1,7/-1,9 Pips per day.
 
 
  • Post #4
  • Quote
  • Jul 4, 2007 7:39pm Jul 4, 2007 7:39pm
  •  highway
  • Joined Sep 2005 | Status: Member | 1,352 Posts
Quoting shrike
Disliked
At Oanda it is 4,55% and -5,30% p.A. - that corresponds to +1,7/-1,9 Pips per day.
Ignored
That is a very fair deal. Very honest broker Shrike.
 
 
  • Post #5
  • Quote
  • Edited 8:00pm Jul 4, 2007 7:47pm | Edited 8:00pm
  •  highway
  • Joined Sep 2005 | Status: Member | 1,352 Posts
Quoting styxgroup
Disliked
how much you borrow from them ?

fxsol list below

http://forexfactory.com/attachment.p...1&d=1183572282
Ignored
Still can't beat MIG. It is not only Gbp/JPY. Other pairs too. They give extreemly little and charges a lot on swap interest. 400% ! ! difference. Just imagine if you are holding a trade for 3 days.
7 pips on spread, and 27 pips on swap. That is 24 pips deducted on a single short Gbp/JPY.
If one is long for 3 days, the swap is still less than the spread.
 
 
  • Post #6
  • Quote
  • Jul 4, 2007 8:23pm Jul 4, 2007 8:23pm
  •  highway
  • Joined Sep 2005 | Status: Member | 1,352 Posts
Just read this. MIG is on their top list

http://www.topforexreview.com/brokers.htm
 
 
  • Post #7
  • Quote
  • Jul 4, 2007 8:49pm Jul 4, 2007 8:49pm
  •  Moe
  • | Membership Revoked | Joined Mar 2005 | 4,703 Posts
Quoting highway3000
Disliked
Just read this. MIG is on their top list

http://www.topforexreview.com/brokers.htm
Ignored
That list is all fuck up, currenex is not a broker and hotspot is an ecn you can't go wrong with that, also did he know cbfx / ifx is the same company, how can 1 be bad and the other be good, btw i made all my fortune from fxsolutions.
If I Go Broke Trying Then I Will die happy.
 
 
  • Post #8
  • Quote
  • Jul 4, 2007 9:07pm Jul 4, 2007 9:07pm
  •  highway
  • Joined Sep 2005 | Status: Member | 1,352 Posts
Moe,

Tell me what you think about MIG
 
 
  • Post #9
  • Quote
  • Jul 4, 2007 9:46pm Jul 4, 2007 9:46pm
  •  highway
  • Joined Sep 2005 | Status: Member | 1,352 Posts
Quoting Moe
Disliked
That list is all fuck up, currenex is not a broker and hotspot is an ecn you can't go wrong with that, also did he know cbfx / ifx is the same company, how can 1 be bad and the other be good, btw i made all my fortune from fxsolutions.
Ignored
Please explain to us what is a broker? So ECN are not brokers? Seems the magazines and newspapers have been using the wrong word. Good to know that.
Attached Image (click to enlarge)
Click to Enlarge

Name: ScreenHunter_16.jpg
Size: 63 KB
 
 
  • Post #10
  • Quote
  • Jul 4, 2007 9:54pm Jul 4, 2007 9:54pm
  •  highway
  • Joined Sep 2005 | Status: Member | 1,352 Posts
Quoting Moe
Disliked
all my fortune from fxsolutions.
Ignored
I remember a year or two ago, there was a not so positive post/thread. Maybe they tried FXsol during that period. FXsol is a good firm today.
 
 
  • Post #11
  • Quote
  • Jul 4, 2007 10:09pm Jul 4, 2007 10:09pm
  •  Moe
  • | Membership Revoked | Joined Mar 2005 | 4,703 Posts
Quoting highway3000
Disliked
Please explain to us what is a broker? So ECN are not brokers? Seems the magazines and newspapers have been using the wrong word. Good to know that.
Ignored
so you thank currenex is a broker? lets just leave it at that, l.m.a..o
If I Go Broke Trying Then I Will die happy.
 
 
  • Post #12
  • Quote
  • Jul 4, 2007 10:10pm Jul 4, 2007 10:10pm
  •  Moe
  • | Membership Revoked | Joined Mar 2005 | 4,703 Posts
Quoting highway3000
Disliked
I remember a year or two ago, there was a not so positive post/thread. Maybe they tried FXsol during that period. FXsol is a good firm today.
Ignored
yes they or.
If I Go Broke Trying Then I Will die happy.
 
 
  • Post #13
  • Quote
  • Aug 8, 2007 5:54pm Aug 8, 2007 5:54pm
  •  fxcellent
  • | Joined Jun 2007 | Status: 0 handicap. with Skills | 433 Posts
Hey Moe,

What up. I like your style. tell it like it is. check it out I got screwed on my swaps with interbank and I think i need to deal with an institution that will work on commish. put in a long at 10 mill wedsnday swap, went to close out and had a pause for 5 damn seconds then i ate 3 [email protected]$^& pips. swap gone what the Fuuuuuuuuuuuuuuuu.

Any idea?
GREED IS THE ULTIMATE INDICATOR
 
 
  • Post #14
  • Quote
  • Aug 8, 2007 7:04pm Aug 8, 2007 7:04pm
  •  Moe
  • | Membership Revoked | Joined Mar 2005 | 4,703 Posts
Quoting fxcellent
Disliked
Hey Moe,

What up. I like your style. tell it like it is. check it out I got screwed on my swaps with interbank and I think i need to deal with an institution that will work on commish. put in a long at 10 mill wedsnday swap, went to close out and had a pause for 5 damn seconds then i ate 3 [email protected]$^& pips. swap gone what the Fuuuuuuuuuuuuuuuu.

Any idea?
Ignored
little bit more detail's please. was it just bad execution by interbankfx.
If I Go Broke Trying Then I Will die happy.
 
 
  • Post #15
  • Quote
  • Aug 8, 2007 7:07pm Aug 8, 2007 7:07pm
  •  Moe
  • | Membership Revoked | Joined Mar 2005 | 4,703 Posts
Quoting highway
Disliked
Moe,

Tell me what you think about MIG
Ignored
i never dealt with them, but they do have a lot of requote's even on demo.
If I Go Broke Trying Then I Will die happy.
 
 
  • Post #16
  • Quote
  • Aug 8, 2007 7:08pm Aug 8, 2007 7:08pm
  •  melpheos
  • Joined Jan 2007 | Status: Stochastic pipster | 1,657 Posts
fxdd is +25 and -30 i think (not showing atm )

This is of course for 1 full lot
 
 
  • Post #17
  • Quote
  • Aug 8, 2007 7:08pm Aug 8, 2007 7:08pm
  •  Moe
  • | Membership Revoked | Joined Mar 2005 | 4,703 Posts
Quoting fxcellent
Disliked
Hey Moe,

What up. I like your style. tell it like it is. check it out I got screwed on my swaps with interbank and I think i need to deal with an institution that will work on commish. put in a long at 10 mill wedsnday swap, went to close out and had a pause for 5 damn seconds then i ate 3 [email protected]$^& pips. swap gone what the Fuuuuuuuuuuuuuuuu.

Any idea?
Ignored
was you just trying to make the swap?
If I Go Broke Trying Then I Will die happy.
 
 
  • Post #18
  • Quote
  • Aug 9, 2007 10:24am Aug 9, 2007 10:24am
  •  fxcellent
  • | Joined Jun 2007 | Status: 0 handicap. with Skills | 433 Posts
Yeah. It's not that big a deal ( yet ) But I feel like they took advantage. I was thinking to set up a commission account to take advantage of swaps and then a spread account for day 2 day. if they pay swaps they should pay the swap and not come up with some lame tactic to take it. Anyway thanks for the advice...What do you think?
GREED IS THE ULTIMATE INDICATOR
 
 
  • Post #19
  • Quote
  • Aug 9, 2007 11:37am Aug 9, 2007 11:37am
  •  melpheos
  • Joined Jan 2007 | Status: Stochastic pipster | 1,657 Posts
Quoting highway
Disliked
MIG charges about 10 pips for GBP/JPY interest on short ? And give only 2 pips on long?

Any broker that beat that?
Ignored
Change your borker BTW... 400% difference between - and + swap, that is reeeeeeally greedy
 
 
  • Post #20
  • Quote
  • Aug 9, 2007 11:57am Aug 9, 2007 11:57am
  •  shrike
  • Joined Jan 2007 | Status: Member | 1,818 Posts
There seems to be some sort of misconception, the difference in what is being charged/payed for long/short swaps doesnt say anything about them being fair or not.
 
 
  • Broker Discussion
  • /
  • Swaps ! Acceptable?
  • Reply to Thread
    • Page 1 2
    • Page 1 2
0 traders viewing now
  • More
Top of Page
  • Facebook
  • Twitter
About FF
  • Mission
  • Products
  • User Guide
  • Media Kit
  • Blog
  • Contact
FF Products
  • Forums
  • Trades
  • Calendar
  • News
  • Market
  • Brokers
  • Trade Explorer
FF Website
  • Homepage
  • Search
  • Members
  • Report a Bug
Follow FF
  • Facebook
  • Twitter

FF Sister Sites:

  • Metals Mine
  • Energy EXCH
  • Crypto Craft

Forex Factory® is a brand of Fair Economy, Inc.

Terms of Service / ©2023