Broker Markup on Interest - Best Forex Rollover Rates
When choosing forex brokers for rollover rates, check their interest markup. Say AUD yields 7%. Your broker might add 1%, so you get 6%. For a negative swap like -0.5% on JPY, you pay 0.5%. Add the broker's 0.5% markup, and it totals 1%.
This change means your trade yield drops from 7% minus 0.5% to 6.5%, or now 6% minus 1% to 5%. Some Forex brokers add even higher fees, so pick one with low markups if you use this strategy. Check online index tables and economic calendars for the best Forex rollover rates on currencies.
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