A swap, also known as “overnight rollover”, is the interest charged or earned for positions that are held overnight, depending on the interest rate of the currencies held or the interest rate of the currency any asset is denominated.
Each asset has different swap rate, and it is charged in points per lot. Ymer exchange, does not close and re-open positions as there is no physical delivery in CFD trading but performs the rollover process automatically every night at 00:00 (GMT + 2) by simply debiting or crediting trading accounts for positions held overnight.
Trade with Ymer exchange and benefit from competitive spreads.
For every trade you make, you’re given a “bid” and an “ask” price. The “bid” is the price at which you sell a security and the “ask” at which you buy it. Spread is simply the difference between these two prices.
Third parties like liquidity providers or banks bear the risk of loss when facilitating your trade, which is why they keep a part of each trade also known as spread.
Our spreads are calculated in “points”. For example, if the bid price for a stock is 2100 and the ask price is 2101, then the bid-ask spread for the stock in question will be referred to as 1 point.
As a generally accepted rule, you can minimise points by trading only during favourable hours, when many buyers and sellers are in the market. The more buyers and sellers trade for a given asset the more market makers narrow their spreads.
The tables below show our minimum spreads.
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