Spreads & Swaps
Understanding and managing the factors for effective risk management and maximizing trading profits.
What Is A Spread?
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The Importance of Spreads in FX
In forex trading, a spread is defined as the gap between the bid and ask prices of a currency pair. Put simply, it represents the disparity between the cost of buying a currency pair and the amount you can receive by selling it. Spreads serve as the means by which non-commission forex brokers generate revenue.
What is a swap?
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The Importance of Swaps in FX
In forex trading, the essence involves purchasing or selling one currency in exchange for another, intending to ‘swap’ it back later with the broker. The concept of swaps emerges from the fees associated with holding a position overnight. Opting to keep a trade open during the night results in either earning or incurring interest on your position. The swap is precisely the variation in the interest rates between the currencies in a pair.
Choose the Most Suitable Trading Account for You
Diversified Account Types
Ecn Account
- Spread: 0 pip onwards
- Min Order Volume: 0.01
- Step Lot: 0.01
- Commissions: $7/Lot
- Swap: Yes
- Margin Call: 100%
- Stop Out: 50%
- Leverage: Forex – 1:500, Indices – 1:100, Commodities – 1:100
Standard Account
- Spread: 1 pips onwards
- Min Order Volume: 0.01
- Step Lot: 0.01
- Zero Commission*
- Swap: Yes/No **
- Margin Call: 100%
- Stop Out: 50%
- Leverage: Forex – 1:500, Indices – 1:100, Commodities – 1:100
Your personal broker is your key to success.
In trading, who you choose as your broker is a key component for your success. So join us at Rock Shield to have the best possible broker for your trading journey.
Feel free to reach out if you are considering opening an account and are seeking help.
- Rock Shield uses MetaTrader 4 to execute trades
- Rock Shield frequently posts the most up-to-date economic news
- Rock Shield offers a low spread and commision. We also offer a wide variety of trading pairs not just for forex, but also for commodities and more.