What is SWAP in forex?

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05 Nov 2022, 14:35

Trade in forex alludes to the premium that you either procure or pay for an exchange that you keep open for the time being. There are two sorts of trades: Trade long (utilized for keeping long positions open for the time being) and Trade short (utilized for keeping short positions open for the time being). They are communicated in pips per parcel and differ contingent on the monetary instrument you're exchanging.
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