Darwinex swaps

[CavaliereVerde]

Being a partecipant of Psyquation you should know Axi pretty well.
What would be the saving trading TVS there instead of Darwinex?

 

[LongVision]

Being a partecipant of Psyquation you should know Axi pretty well.
What would be the saving trading TVS there instead of Darwinex?

I compare Night scalp stratergy (Darwin NHR) Swap for axi trader and darwinex , I paid only 41% swap at axitrader compare to darwinex. This impact is quite huge.

 

[LongVision]

For cross pairs, swap charge is worse.

 

[CavaliereVerde]

What could be the best solution for a strategy wtih trade duration of one week?
Are market makers better for swaps?

 

[Gargamel]

IG UK is offering forwards where you pay 9 or 10 pips spread on EUR or Cable and that is all.They also offer this instrument for gold,silver,indices...Forex offering is not good for 1 week duration obviously.

 

[Viro Major]

Futures is the real deal. FX is robbery
0.8% for long 6E contract (EUR/USD) atm, so less than half of what Darwinex charges

 

[TrainerTXR]

Futures is the real deal. FX is robbery
0.8% for long 6E contract (EUR/USD) atm, so less than half of what Darwinex charges

Futures are cheaper in carrying, but not very flexible in size. You have to trade at least one full Lot, not suitable for everyone, especially, if you want to diversify your strategy over several fx pairs. And only the major pairs are available&liquid. FX is expensive (sometimes/somewhere roberry) - but thats the price

 

[Viro Major]

Mini and micro futures cover adjustment purposes. E7 = $62500 notional value, M6E = $12500. unless the strategy relies on micro-lots because its principle is toxic, enough definition. Most cross-pairs could be synthetised
Some currencies are uniquely supported by futures, like BRL, or not frequent (RUB & ZAR are absent at Darwinex)