– All of the above instruments are based on Market Execution.
What is Swap?
When you open a Sell or a buy position, you only pay the value of the trade. Using leverage, you are essentially borrowing the rest of the capital to buy the investment from Global GT and instantly Global GT is borrowing that capital from the venue where your order will be executed.
It is an Interest amount that Client’s account is debited. Keep in mind that Metals swaps (excluding XAUUSD) are charged between Monday and Friday at midnight, with triple swap charge on Wednesday. No swap charges for XAUUSD.