Stage 64 · Premium
Forex

Margin, Swap and the Dealer

Hold a currency pair past 5pm New York and the dealer posts a swap. Hold it over a weekend and the price can gap. This stage teaches you what holding a pair costs and where your margin level puts you. You'll learn the regulator's leverage ratio, the four account numbers, the stop-out, and where your money sits. Eleven lessons, and the last one carries an account through a week that turns.

Stage 64 of the TradeWize forex track: what holding a pair costs. Leverage as the regulator's ratio, the four account numbers, the margin level and the stop-out, the swap at 5pm New York, the weekend gap, and where your money sits.

0 / 11 done
StartLesson 1 · Leverage Is a Ratio the Regulator Sets
What you’ll leave with11 lessons · 5-line playbook
  • Forex leverage is a ratio my regulator caps, and margin is notional divided by it.
  • My dealer closes me out at a margin level, not a price, and I know the level before I hold.
  • A gap can take me below zero, and I know whether my account is protected before it happens.
  • Every position I hold past 5pm New York pays or earns a swap, and I know its sign before I hold.
  • I compare a spread-only price and a raw-plus-commission price in pips per lot before I pick.