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The currency world generally regards the New York closing time of 5 PM ET as the close of the business day, although different brokers can choose a separate closing time to end the business day. The currency market remains open for 24 hours, 5 days every week but the underlying institutions that ensure the fluidity of the market must close at some point, right?<br /><br /><br />Since the interest rates and liquidity in the market fluctuate per time, forex traders who intend to hold their trading positions beyond the close of the ‘normal’ business day at 5 PM ET till the start of business the next day are subjected to a SWAP rate that is worked out according to the prevailing interest rates and the amount of liquidity in the markets over the night.<br />As a forex trader who is opting for long term strategies that may see you hold the position through the night, it is normal to expect SWAP. Some brokers charge additional margin interest. This is usually subject to the amount of leverage that you are using; if it is too high, you will have to pay margin interest for holding overnight positions.<br />SWAP is, therefore, the interest you have to pay for holding overnight positions.<br />How is SWAP calculated?<br />Forex trading allows an investor to go long or go short on a currency pair, which essentially means that a trader can buy or sell a currency against another currency. If the base currency of a currency pair has a higher interest rate than the quote currency, the trader earns a positive interest for going long, while all short positions on the currency pair will involve a negative interest or interest paid to the broker. As a forex trader, you can use SWAP extensively to earn a significant amount of income through positive SWAP, without risking your money on the market fluctuations or speculating in the market.<br />Often, traders also use SWAP along with market speculation to increase their returns in the Forex markets. The ideal scenario for a positive SWAP is for the base currency to have a higher interest rate while the quote currency should have a lower interest rate. Therefore, by going long on such a currency pair, a trader can earn the maximum returns through a positive SWAP, while making a handsome amount of profits if the currency pair appreciates until the trader closes his position. Some currency pairs will have negative SWAP for both long as well as short positions, especially due to the similarities in the central bank rates, which can add on to the cost of trading if positions are held for too long in the market.<br />Why SWAP free brokers?<br />Islamic religious beliefs are against any ideas that involve paying or receiving interest on their investments. Islam does not support the concept of free money, and religious believers are strictly against any industry that involves interest rates. Forex trading is not illegal according to Islamic beliefs, but SWAPs are considered to be illegal. Therefore, Muslim traders were unable to invest in the markets through regular Forex trading accounts. Nevertheless, Forex brokers slowly started embracing the idea of SWAP-free trading accounts that enabled brokers to cater to a whole group of untapped market potential in the form of Muslim traders. By eliminating the SWAPs and other aspects of interest related fees on trading accounts, Forex brokers were able to offer custom-tailored services for Islamic traders according to existing Sharia laws and customs.<br />Although [https://www.viki.com/users/huberhouse70purfnz_554/about Best cfd Brokers] -free accounts are reserved exclusively for Islamic traders, regular traders may be able to find Forex brokers with SWAP-free accounts that are completely devoid of any SWAP or interests. It is indeed difficult to find such brokers, but traders can browse through multiple options and perform extensive research online to get hold of SWAP-free trading accounts. Some forex traders who are not Muslims but do not like the idea of SWAP can also get an account with SWAP free brokers. Of course, traders should be careful while choosing a Forex broker, as they should always make sure that they only deal with regulated and genuine brokers that do not indulge in any fraudulent activities.<br />Best SWAP free brokers<br />AVATrade<br />AVATrade has the choicest markets that you can pick from as a forex trader. Coupled with a large collection of materials to help forex traders, the broker prioritizes the trader and has clear communication lines. It has a dedicated trading research portal that proves valuable to all forex traders, newbie or not. The customer care lines and channels are available round the clock all through the trading week. With [https://register.scotland.gov.uk/Subscribe/WidgetSignup?url=https://euforexlinks.com Best stock brokers] of trades and industry competitive transaction costs, forex traders can be sure that they have a trader who is on their side of the aisle.<br />Forex traders can have a dedicated account that allows them to reap benefit off the market without disrupting their faith.<br />You can sign up for an AVATrade account here<br />XM<br />The XM broker started its activity in 2009 and so far operating clients from over 196 countries with a support staff speaking in 30 languages and is among the most trusted Regulated Brokers. The main branch located in Cyprus regulated by CySEC, its licence, however, allows it to operate in plenty of countries. XM has a dedicated Islamic broker account that allows traders to take their part in the market with a SWAP free agreement.<br />Sign up for XM here<br />FXTM<br />FXTM has a daring mission: to offer unparalleled market conditions, continuous trading as well as advanced trading education. FXTM or Forextime offers commodity brokering services as well as forex, stocks and CFDs. The entity has multiple licensing, allowing it to operate in several countries of the world. The deposit and leverage rate of FXTM is industry competitive. The broker offers SWAP free account to forex traders who want it.<br />Try FOREX TIME here<br /><br />The brokers of choice are yours for the taking, you can trade SWAP free with a broker of your choice.<br /><br />
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Best commodity brokers<br />Aside from real estate, equities, and debt instruments, commodities are a prime asset class for active traders. Whether you’re interested in hedging risk exposure or want to speculate on future pricing fluctuations, commodity futures offer access to some of the most popular markets in the world.<br />A commodity is an economic good or service while most of them are either raw materials, basic resources or agricultural products. At all times commodities were things of value that were produced in large volumes by various manufacturers and further traded in exchange. Online trading of commodities, in particular, can be very efficient since the division into pools matches the demands, thus markets respond quickly and trader gains passive exposure.<br />This implies that commodity trading sometimes involves the spontaneous sale or purchase of particular commodities without owning the underlying commodity. As a commodity trading enthusiast, you are trading the difference in price.<br /><br /><br />Commodity Broker<br />This is usually a company that behaves as a mid-party between the client and the seller, just as the client will be charged a commission for the executed commodity contract order. The commodity brokers today are found online as opposed to physical brokers that used to be the norm. The fact remains that not all brokers are created equal, the best commodity brokers can give you a much-needed edge in the market.<br />The best commodity brokers have a few things in common, it is essential that as a commodity trading enthusiast to look out for those qualities before selecting your ideal broker. If you are fairly new to commodity trading, this can be a bit tasking. That is why we have gone the extra mile to pick out a few of the best commodity brokers that can help you attain stability in your commodity trading.<br />Here are the five attributes that the best commodity brokers have in common:<br />Licensed: According to the Commodity Exchange Act (CEA) of 1936, the CFTC is commissioned with regulating the commodity futures markets. Under its statutes, brokers are required to be licensed with the NFA. In addition, account executives must pass the Series-3 exam administered by the Financial Industry Regulatory Authority (FINRA). On the global stage, the best commodity brokers are licenced and regulated by CySEC and other such relevant bodies.<br />Reputable: As in many industries, an individual or firm’s reputation can provide valuable insights into the inner workings of an organization. The best commodity brokers have a history of being in business for a long time with a limited complaint history is a strong sign of a reputable firm. In addition, simple items such as maintaining a physical address and current contact information are signals that a firm is on the up and up.<br />In good standing: Firms that are subject to ongoing litigation or recent judgments may be in danger of falling out of favour with the CFTC and NFA. Running a Background Affiliation Status Information Center (BASIC) search through the NFA database is a great way to quickly find out a commodity broker’s current standing within the industry.<br />Competent: It’s essential for a commodities broker to exhibit several core competencies. A strong market-specific knowledge base, industry experience, and attention to detail are crucial to performance. In addition, the willingness and ability to answer any questions that a client may have is a big part of providing top-notch customer service. The best commodity brokers will provide educational materials to establish you in the art of commodity trading.<br />Technologically savvy: Commodity futures are traded in an almost exclusively digital capacity. The days of the open-outcry auction format are over, having been replaced by servers and remote exchange connectivity. Advanced software trading platform options, order hosting/routing, and robust exchange connectivity are a few items that ensure a broker is able to compete in the modern futures marketplace.<br />The best commodity brokers<br />Alpari<br />Alpari is one of the largest Forex brokers that acquired experience over the years of operation, while was founded in 1998 the broker has emerged to be an all-rounded broker serving as a forex, binary and commodity broker. It has its own platform and allows for commodity trading on MT4 and MT5. The broker is also licenced and it offers competitive pricing and spreads.<br />FXTM<br />Founded in 2011, the broker has grown astronomically, defying its age limits. [http://www.educacional.com.br/recursos/redirect.asp?url=https://euforexlinks.com Best cfd Brokers] or Forextime offers commodity brokering services as well as forex, stocks and CFDs. The entity has multiple licensing, allowing it to operate in several countries of the world. The deposit and leverage rate of FXTM is industry competitive. The commodity brokering ability of FXTM is competitive and allows for trading on acceptable platforms like the Meta Trader 4 and 5.<br />XM<br />The XM broker started its activity in 2009 and so far operating clients from over 196 countries with a support staff speaking in 30 languages and is among the most trusted Regulated Brokers. The main branch located in Cyprus regulated by CySEC, its licence, however, allows it to operate in plenty of countries. XM allows for commodity trading with a lower than average deposit of only $5 or its equivalent. This has made it stamp its place as the broker of choice for those looking to start small.<br />AVATrade<br />AvaTrade is one of the leading, globally presented broker with over than 200,000 trusting clients worldwide. A regulated on 5 continents commodity broker that providing customers with sophisticated trading solutions, regardless of user knowledge or experience, by bringing the possibility to enter the market trade through numerous, adaptable platforms, tools and options.<br />Vantage<br />Vantage FX was founded back in 2009 with the founders consisting of a highly specialized team with experience in technology, forex, and finance. The goal behind Vantage FX was to assist clients with pursuing financial goals by providing powerful trading platforms, transparent forex market access, award-winning customer service, and exceptional execution speed. The commodity trading platform is no different, allowing traders to take a confident stance in the market.<br />There are the best commodity brokers that you can take your commodity trading right on.<br /><br />

Latest revision as of 00:26, 19 May 2020

Best commodity brokers
Aside from real estate, equities, and debt instruments, commodities are a prime asset class for active traders. Whether you’re interested in hedging risk exposure or want to speculate on future pricing fluctuations, commodity futures offer access to some of the most popular markets in the world.
A commodity is an economic good or service while most of them are either raw materials, basic resources or agricultural products. At all times commodities were things of value that were produced in large volumes by various manufacturers and further traded in exchange. Online trading of commodities, in particular, can be very efficient since the division into pools matches the demands, thus markets respond quickly and trader gains passive exposure.
This implies that commodity trading sometimes involves the spontaneous sale or purchase of particular commodities without owning the underlying commodity. As a commodity trading enthusiast, you are trading the difference in price.


Commodity Broker
This is usually a company that behaves as a mid-party between the client and the seller, just as the client will be charged a commission for the executed commodity contract order. The commodity brokers today are found online as opposed to physical brokers that used to be the norm. The fact remains that not all brokers are created equal, the best commodity brokers can give you a much-needed edge in the market.
The best commodity brokers have a few things in common, it is essential that as a commodity trading enthusiast to look out for those qualities before selecting your ideal broker. If you are fairly new to commodity trading, this can be a bit tasking. That is why we have gone the extra mile to pick out a few of the best commodity brokers that can help you attain stability in your commodity trading.
Here are the five attributes that the best commodity brokers have in common:
Licensed: According to the Commodity Exchange Act (CEA) of 1936, the CFTC is commissioned with regulating the commodity futures markets. Under its statutes, brokers are required to be licensed with the NFA. In addition, account executives must pass the Series-3 exam administered by the Financial Industry Regulatory Authority (FINRA). On the global stage, the best commodity brokers are licenced and regulated by CySEC and other such relevant bodies.
Reputable: As in many industries, an individual or firm’s reputation can provide valuable insights into the inner workings of an organization. The best commodity brokers have a history of being in business for a long time with a limited complaint history is a strong sign of a reputable firm. In addition, simple items such as maintaining a physical address and current contact information are signals that a firm is on the up and up.
In good standing: Firms that are subject to ongoing litigation or recent judgments may be in danger of falling out of favour with the CFTC and NFA. Running a Background Affiliation Status Information Center (BASIC) search through the NFA database is a great way to quickly find out a commodity broker’s current standing within the industry.
Competent: It’s essential for a commodities broker to exhibit several core competencies. A strong market-specific knowledge base, industry experience, and attention to detail are crucial to performance. In addition, the willingness and ability to answer any questions that a client may have is a big part of providing top-notch customer service. The best commodity brokers will provide educational materials to establish you in the art of commodity trading.
Technologically savvy: Commodity futures are traded in an almost exclusively digital capacity. The days of the open-outcry auction format are over, having been replaced by servers and remote exchange connectivity. Advanced software trading platform options, order hosting/routing, and robust exchange connectivity are a few items that ensure a broker is able to compete in the modern futures marketplace.
The best commodity brokers
Alpari
Alpari is one of the largest Forex brokers that acquired experience over the years of operation, while was founded in 1998 the broker has emerged to be an all-rounded broker serving as a forex, binary and commodity broker. It has its own platform and allows for commodity trading on MT4 and MT5. The broker is also licenced and it offers competitive pricing and spreads.
FXTM
Founded in 2011, the broker has grown astronomically, defying its age limits. Best cfd Brokers or Forextime offers commodity brokering services as well as forex, stocks and CFDs. The entity has multiple licensing, allowing it to operate in several countries of the world. The deposit and leverage rate of FXTM is industry competitive. The commodity brokering ability of FXTM is competitive and allows for trading on acceptable platforms like the Meta Trader 4 and 5.
XM
The XM broker started its activity in 2009 and so far operating clients from over 196 countries with a support staff speaking in 30 languages and is among the most trusted Regulated Brokers. The main branch located in Cyprus regulated by CySEC, its licence, however, allows it to operate in plenty of countries. XM allows for commodity trading with a lower than average deposit of only $5 or its equivalent. This has made it stamp its place as the broker of choice for those looking to start small.
AVATrade
AvaTrade is one of the leading, globally presented broker with over than 200,000 trusting clients worldwide. A regulated on 5 continents commodity broker that providing customers with sophisticated trading solutions, regardless of user knowledge or experience, by bringing the possibility to enter the market trade through numerous, adaptable platforms, tools and options.
Vantage
Vantage FX was founded back in 2009 with the founders consisting of a highly specialized team with experience in technology, forex, and finance. The goal behind Vantage FX was to assist clients with pursuing financial goals by providing powerful trading platforms, transparent forex market access, award-winning customer service, and exceptional execution speed. The commodity trading platform is no different, allowing traders to take a confident stance in the market.
There are the best commodity brokers that you can take your commodity trading right on.

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