Forex Interest Charges Eroding Your Profits?
How many times have you watched a profitable Forex trade slowly get eroded by interest charges day after day? Or worse, a trade that is already upside-down! If you only execute quick trades, it’s no big deal. But if your trading style is bit longer term, interest charges can start to add up.
Interest Rate Comparison Tool
With this tool, you can see various Forex pairs stack up to each other in terms of how much interest you will be charged or paid for every day a trade is open. The data is pulled from Oanda and should always be up-to-date. Since I generally use a trade size of 10,000 units, that’s the trade size being used for the calculation. If there interest, I’d be happy to make this configuable.
If you find this tool useful please comment below and share with your social followers! Comments and suggestions are more than welcome.
Any data or information presented on this webpage are for informational purposes only. You are responsible for your own trading success or failure. Past results are no guarantee of future performance.