....For long positions, your account will be debited the basis rate plus a 2.5% admin fee. For short positions, your account will be credited the basis rate minus a 2.5% admin fee (which could result in a charge where the basis rate is less than the admin fee)....
That's why we have to pay so huge swap costs now. Do you remember what was the previous administration fee that Oanda charged before that change?
That's why we have to pay so huge swap costs now. Do you remember what was the previous administration fee that Oanda charged before that change?