that I am just wondering precisely what the swap area is currently in MT4. I'd assume it's something to do with curiosity differentials of this short position??? Any help would be great.
that I am just wondering precisely what the swap area is currently in MT4. I'd assume it's something to do with curiosity differentials of this short position??? Any help would be great.
Cheers for that I thought it would something along these lines.
Swap is a debit or credit as reflection of differences of interest rates in various currency pair countries.
Example:
If you're long GBP/USD and US interest rates are lower compared to GBP interest rates you may earn a credit.
If you're short the pair, you would be debited.
Hope this helps,