Introduction to Forex Carry Trade
Carry Trade is an effective long-term trading strategy and a strong force driving key Forex trends.
What is Forex Carry Trade?
Forex Carry Trade means selling a low-interest-rate currency and buying the same amount of a high-interest-rate currency. The concept is to make money based on the interest-rate differential.
Popular Currencies for Carry Traders
A carry trade will go long on currencies such as the New Zeeland Dollard, the Australian dollar, or the Turkish Lira, and go short on currencies such as the Japanese yen and the Swiss Franc.
COMPARE BROKERS FOR CARRY TRADERS
A Swap Rate or else an Overnight Rate or else a Rollover Rate is an interest earned or paid for holding a Forex trading position overnight. This interest is earned or paid every business day at exactly midnight. The Swap Rates are tripled at the end of each Wednesday in order to cover the two missing rates of Saturday and Sunday.
COMPARE ALSO: » FOREX AUTO-SYSTEMS | » FOREX BROKERS FOR TRADERS | » CURRENCY PAIRS
BROKER |
OVERNIGHT SWAPS (at the time of the review) |
PLATFORMS |
ACCOUNTS |
INFORMATION |
REGULATED BY:
SEGREGATED CLIENT BANK ACCOUNTS: YES (SWISS BANKS) US TRADERS: NO ISLAMIC ACCOUNTS: YES FOUNDATION: 1999 HEADQUARTERS: Switzerland |
■ EURUSD SWAP VALUE: -LONG (↑): $ -3.93 -SHORT (↓): $ -0.30 ■ GBPUSD SWAP VALUE: -LONG (↑): $ -0.26 -SHORT (↓): $ -0.21 ■ USDJPY SWAP VALUE: -LONG (↑): $ -0.16 -SHORT (↓): $ -0.36
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EXECUTION TYPE: ECN ONLINE PLATFORMS □ JForex □ JavaTrader / WebTrader □ FIX/API □ Mobile Traders
FOREX ASSETS: 50+ Currency Pairs Gold and Silver on Spot |
MINIMUM ACCOUNT:
PAMM ACCOUNT: YES
WELCOME BONUS:
FUND METHODS:
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KEY DUKASCOPY FEATURES:
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» LQDFX REGULATED BY: (N/A) SEGREGATED CLIENT BANK ACCOUNTS: YES US TRADERS: NO ISLAMIC ACCOUNTS: YES FOUNDATION: 2015 HEADQUARTERS: Malta |
■ EURUSD SWAP VALUE: -LONG (↑): $ -0.10 -SHORT (↓): $ -0.10 ■ GBPUSD SWAP VALUE: -LONG (↑): $ -8.8 -SHORT (↓): $ +3.6 ■ USDJPY SWAP VALUE: -LONG (↑): $ -8.8 -SHORT (↓): $ +3.6 |
EXECUTION TYPE: ECN/STP ONLINE PLATFORMS □ MetaTrader4 □ Mobile Traders
FOREX ASSETS: 70+ Currency Pairs Full CFD Asset Index -12 Indices -Precious Metals -Commodities |
$20 Minimum Deposit Amount
PAMM ACCOUNT: YES
WELCOME BONUS:
Traders can withdraw the 100% welcome bonus -Volume requirements FUND METHODS:
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KEY LQDFX FEATURES
► Register an ECN Account with LQDFX |
REGULATED BY: ASIC (AUSTRALIA) SEGREGATED CLIENT BANK ACCOUNTS: YES US TRADERS: NO ISLAMIC ACCOUNTS: YES FOUNDATION: 2007 HEADQUARTERS: Australia |
■ EURUSD SWAP VALUE: -LONG (↑): $ -4.17 -SHORT (↓): $ -0.23 ■ GBPUSD SWAP VALUE: -LONG (↑): $ -4.28 -SHORT (↓): $ -1.90 ■ USDJPY SWAP VALUE: -LONG (↑): $ -0.88 -SHORT (↓): $ -3.91 |
EXECUTION TYPE: ECN/STP ONLINE PLATFORMS □ MetaTrader4 □ MetaTrader5 □ cTrader □ Mobile Traders -Free VPS Hosting
FOREX ASSETS: 56 Currency Pairs Full CFD Asset Index |
$200 Minimum Deposit Amount
PAMM ACCOUNT: YES
WELCOME BONUS:
FUND METHODS:
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KEY IC MARKETS FEATURES
► Register an ECN Account with IC MARKETS |
MORE ON CARRYTRADER
■ COMPARE PROVIDERS | ► Brokers for Carry Traders | ||||||
■ CURRENCY PAIRS | ► EURUSD | ► GBPUSD | ► USDJPY | ► EURGBP | ► AUDUSD | ► NZDUSD | ► USDCAD |
■ GLOBAL MARKETS | » Gold |
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■ LEARNING RESOURCES | » Currency indices | » CBOE Indices | » Forex Fundamentals |
■ Compare Forex Brokers for Carry Traders
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