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Oil overnight swap rates


HxnZee

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I kept a buy position on USOIL - the lot size was 0.25.

Next day I find a charge of around 25 USD as interest. That is too much. I have seen recently that interests on other pairs have also been skewed against me.

Is this normal? Other brokers are offering better interest rates.

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  • 2 months later...
16 minutes ago, gloktar said:

wow $25  thats huge the swap rate on IC Markets is only 4.51 USD for same 

hi, you may have missed the date of the post you are relying to, end of March the swap rate was extraordinarily high for all brokers, for today's rate  see the daily dashboard thread.

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