Swap System

I read about a Swap system:
is that u find 2 different broker with 2 different swap at some spot
like Eur/usd
So at same price like at 10GMT (before Swap) i go long in Broker 1 and go Short in broker 2, So i Hedge the position my gain is the Swap difference withouth losses.
This is possible to do?
There is some broker that give 0 Swap?

LOL this idea has been posted over 20 times on this forum.

so it is possible or not? now i look on fdorum

IMO it's not possible

the negative swap is usually larger than the positive swap

and i thought i just found the holiest of all holy grails ! thanks for the bad news !

Its about using 2 accounts on two brokers. You can ask the one broker to disable swap charging and payment. I disabled it with CMS Forex.
Now you open a interest bearing position on the paying broker and hedge the position on the other broker. Takes about 4 days to cover 2x the spread with your swap. But than you are making money. It's important that your position survies long enough.

How long have you gotten away with it? It would seem to me that they would catch on after awhile.

How much are you making annually?

What do you mean with catching on?
There is nothing illegal about disabling the swap.
How much you earn depends on how much margin you use.
I'd never use more than 20%. If you use more chances are higher one position hits the ground before recovering the spread. You can place market orders on both accounts so you risk 9000 of 10000 dollars with stop loss. On the other account you set your TP to +9000 so you are perfectly hedged.

If one position gets stopped out with -9000 the other one has earend 9000 + swap. Now you can reset your accounts.
I don't use this method. I want to trade. ^^ But it's possible of coures

if open with two different brokers

you need to open one muslim interest free account
and the other one is the regular account

but somehow, I think I read it from this forum b4, they will caught you in the act, do more research many had tried that with no apparent success

Caught you doing what?
That's the question.
1. There is nothing illegal about it
2. They don't know about your other broker
3. They don't care about your other broker.

read past posts about this issue from burgerking

i think they will bare it untill they see that you are still holding swap positive position with a big loss. Then it will be claer to them that it is hedged. and they'll apply a fee.

Its not possible, they are interest free brokers, sure, but they are loosing over the swap rate, because even if they dont pay or deduct it from you they have to pay-earn it from the bank.

this is not possible, when the brokers aknoledges this they lower your leverage, place a daily comission or closes your accounts.

I have been there. trust me