Carry Trade Forex Brokers 

 

What is Forex Carry Trading? -Basic Information

Carry trading refers to a trading strategy that involves borrowing at a low-interest rate and buying an asset that offers a higher rate of return. In practice, Forex carry traders are borrowing in a low-interest rate currency to buy another currency that provides a higher interest rate.

  • The basic risk of a carry trade involves a decline in the currency pair against the direction of the trade greater than the interest rate differential.
  • Carry traders do not mind either about the trading spreads or about the trading commissions charged. They do mind a lot about the SWAP rates of each currency pair.
  • Each Forex broker offers different SWAR rates for each currency pair, therefore, Forex carry traders need to research the market well and choose a safe Forex broker that offers the best SWAP rate for their cause.

 

What is a SWAP or Rollover Rate?

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 to cover the two missing rates of Saturday and Sunday.

 

COMPARE SWAP FOREX RATES (UPDATED EARLY 2024)

COMPARE ALSO: » FOREX AUTO-SYSTEMS | » FOREX BROKERS FOR TRADERS | » CURRENCY PAIRS

BROKER

OVERNIGHT SWAPS

(at the time of the review)

TRADING INFO

ACCOUNTS

FURTHER INFORMATION

» IC MARKETS


REGULATED BY:

  • FSA (SEYCHELLES)

SEGREGATED CLIENT BANK ACCOUNTS:

  • YES

US TRADERS: NO

ISLAMIC ACCOUNTS:

  • YES

FOUNDATION:

  • 2007

HEADQUARTERS:

  • SEYCHELLES

■ EURUSD SWAP VALUE:

-LONG (↑):

- $0.625

-SHORT (↓):

 + $0.256


■ GBPUSD SWAP VALUE:

-LONG (↑):

- $0.199

-SHORT (↓):

- $0.037


■ USDJPY SWAP VALUE:

-LONG (↑):

+ $1.246

-SHORT (↓):

- $2.592

 

EXECUTION TYPE:

CFD Provider

ONLINE PLATFORMS

□ MetaTrader4

□ MetaTrader5

□ cTrader

□ Mobile Traders

-Free VPS Hosting

 

TRADING ASSETS:

61 Currency Pairs

Full CFD Asset Index

 

MINIMUM ACCOUNT:

  • $200 Minimum Deposit Amount

 

PAMM ACCOUNT: NO

 

WELCOME BONUS: NO

 

FUND METHODS:

  • Credit Cards
  • Bank Wire
  • MoneyBookers
  • Neteller
  • WebMoney

 

KEY ICMARKETS FEATURES

  • Tight spreads plus low commissions
  • Many currency pairs and cryptocurrencies
  • Many Trading Platforms
  • FIX/API Trading
  • Fully automated trading allowance and FIX/API
  • Not for European Traders:

► IC Markets Website and Trading Accounts

► Review Fx Broker


Note that European Traders are allowed by IC Trading:

► IC Trading

» ROBOFOREX


REGULATED BY:

  • FSC 000138/437 (Belize)

SEGREGATED CLIENT BANK ACCOUNTS:

  • YES (EUROPEAN BANKS)

US TRADERS: NO

ISLAMIC ACCOUNTS: YES

FOUNDATION:

  • 2007

HEADQUARTERS:

  • Belize

■ EURUSD SWAP VALUE:

-LONG (↑):

- $1.20

-SHORT (↓):

+ $ 0.00


■ GBPUSD SWAP VALUE:

-LONG (↑):

- $0.60

-SHORT (↓):

- $0.20


■ USDJPY SWAP VALUE:

-LONG (↑):

+ $0.482

-SHORT (↓):

- $2.662

 

EXECUTION TYPE:

ECN/STP

ONLINE PLATFORMS

□ MetaTrader-4

□ MetaTrader-5

□ RStocksTrader

□ WebTrader / Mobile Trader

 

TRADING ASSETS:

  • 35+ Currency Pairs
  • Full CFD Asset Index

-Indices

-Commodities & Precious Metals

-Cryptocurrencies

 

MINIMUM ACCOUNT:

  • $10

 

PAMM/MAM ACCOUNT: ONLY MAM

 

PROMOTIONS:

  • Welcome Bonus 30 USD
  • Free VPS Server
  • Up to 10% on Account Balance

 

FUND METHODS:

  • Cards
  • Bank Wire
  • Skrill
  • Neteller 
  • AdvCash
  • PerfectMoney

 

KEY ROBOFOREX FEATURES:

  • Fast Trading
  • Free VPS for Auto-Trading
  • MAM Accounts
  • Welcome Bonus and other promotions

 

► Register an ECN Account with RoboForex


► Review Fx Broker

» LQDFX


REGULATED BY:

  • (N/A)

SEGREGATED CLIENT BANK ACCOUNTS:

  • YES

US TRADERS: NO

ISLAMIC ACCOUNTS:

  • YES

FOUNDATION:

  • 2015

HEADQUARTERS:

  • Marshall Islands

■ EURUSD SWAP VALUE:

-LONG (↑):

+ $19.08

-SHORT (↓):

- $26.158


■ GBPUSD SWAP VALUE:

-LONG (↑):

- $2.207

-SHORT (↓):

- $0.810


■ USDJPY SWAP VALUE:

-LONG (↑):

- $5.957 

-SHORT (↓):

+ $2.709

 

EXECUTION TYPE:

ECN/STP

ONLINE PLATFORMS

□ MetaTrader4

□ Mobile Traders

 

TRADING ASSETS:

70+ Currency Pairs

Full CFD Asset Index

-12 Indices

-Precious Metals

-Commodities

 

MINIMUM ACCOUNT:

  • $20 Minimum Deposit

 

PAMM ACCOUNT: YES

 

WELCOME BONUS:

  • 100% (volume requirements)
  • Traders can withdraw the 100% welcome bonus

FUND METHODS:

  • Credit Cards
  • Bank Wire
  • Skrill
  • Neteller
  • FasaPay
  • UnionPay
  • UPaid Card

 

KEY LQDFX FEATURES

  • Tight Spreads
  • 100% Welcome Bonus
  • PAMM Accounts

 

Register an ECN Account with LQDFX


Review Fx Broker

 

MORE ON CARRYTRADER

■ COMPARE PROVIDERS

Forex Brokers for Day Traders

Brokers for Carry Traders

Automated Forex Systems

       
■ CURRENCY PAIRS EURUSD GBPUSD USDJPY EURGBP AUDUSD NZDUSD USDCAD
■ GLOBAL MARKETS » Gold

» Crude Oil

» Natural Gas

» Stock Market indices

» Soft Commodities

 

 

■ LEARNING RESOURCES » Currency indices » CBOE Indices

» Famous Investors

» Forex Fundamentals

» Foreign Exchange Reserves

» Carry Trade Information

» The History of Interest Rates

 

Compare Forex Brokers for Carry Traders

CarryTrader.com (c)

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Foreign Exchange

The Foreign Exchange Market is the largest Financial Market in the world with daily volumes of more than 4 trillion USD. When trading Forex you need a reliable and high-regulated Forex broker and a trading strategy that works:

(i) Introduction to Forex Trading

(ii) Forex Brokers for Traders

(iii) Major Currency Pairs

(iv) Trading Rebate Plans

(v) Automated Forex Systems

Global Markets

Trading the Financial Markets requires a perfect understanding of how demand and supply shift from time to time. Equities tend to follow bullish cycles lasting 7-9 years, and after, bearish cycles lasting 3-4 years. Energies tend to follow annual time patterns while Precious Metals tend to follow longer time cycles:

(i) Gold Trading

(ii) Crude Oil Trading

(iii) Cryptocurrencies

(iv) Stock Market Indices

Learning

If you are a trader, learning is a non-stop process. CarryTrader offers a wide variety of educational resources including trade tools, techniques, and strategies:

(i) Currency Indices

(ii) Famous Investors

(iii) Technical Analysis

(iv) Brokers for Carry Traders

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