I have oanda as my broker. I ve been trading long term just recently and plan to hold my trades for month or years even on leverage. I just realized oanda is killing me on interest charged.
I guess my question is are all brokers like this? is there any brokers that are better for traders like me?
Also are there any tax advantages?
how do they even f**king calculate the interest rate charged? The rep I called at Oanda just tells me its whatever Oanda wants it to be
I guess my question is are all brokers like this? is there any brokers that are better for traders like me?
Also are there any tax advantages?
how do they even f**king calculate the interest rate charged? The rep I called at Oanda just tells me its whatever Oanda wants it to be