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[alla]

How can I avoid paying/receiving swaps?

[firedave]

Just close all of your open trade before New York market close

[TheWolf]

Originally Posted by alla

How can I avoid paying/receiving swaps?

Why would you wanna avoid receiving swaps?

[novice]

I think exchange traded futures are the only way to avoid swap payments.

You still have contango/inversion to consider but these are not as large of a cost.

Swap payments are negative most of the time due to the spread between debit and credit interest rates.

[alla]

so the hours are from NY close to when?

[dragon4spy]

Close positions before every midnight broker's time, especially before 0:00 AM Thursday when swap is triple.

Anyway why need to do this? Let your system naturally run guys.

[jgabin]

Originally Posted by dragon4spy

Close positions before every midnight broker's time, especially before 0:00 AM Thursday when swap is triple.

Except if you are in the right direction

[jgabin]

Can somebody kindly recap the swap calculation rules and the current interest rates for the main currencies ?

Many thanks.

[alla]

Are there any brokers that do not charge/pay swap?

[4X4X]

Hi, yes Interbank-fx.com (remove dash '-') doesn't charge swap, instead it charges 0.5 pip commission, but you will have to tell them that you want your account on non-swap server.

Also FX-Sol.com (remove dash '-') doesn't charge swap, but again they may add some charge on it, have a word with them.