Post
Topic
Board Service Announcements
Re: [ANN] Evolve Markets - Trade FOREX , Crypto and more with Bitcoin
by
EvolveMarkets
on 04/08/2018, 12:24:21 UTC
Is this swap per lot (per 1 BTC)?

Code:
BTCUSD

swap short         swap long
-1944.754217 -1967.725833

It's about 25% per day. Why such huge swap?


Hello,

We have changed all our swap rate to be charged in points. For a detailed explanation of how this works please read https://blog.evolve.markets/swap-rates-explained-8cd1d44c0eb8 .  The BTC point rate converted is approximately 0.23% a day. Any swap charge can be avoided if you close the position before 5PM NY Time.

Regards,