Has anyone experienced sudden swap rate changes with MBTrading ?
For the last 3 months I have collected positive swap on multiple pairs at the same rate and then on Sept. 9,2014 the swap on the pairs I trade went:
Position From To
AUD/CAD Buy 2.00% .55%
AUD/CHF Buy 3.58% 1.55%
AUD/USD Buy 2.15% 1.4%
EUR/NZD Sell 1.75% 1.35%
Tech support explained that they pass on what ever rates the banks give them.
Any further enlightenment on this subject would be greatly appreciated.
For the last 3 months I have collected positive swap on multiple pairs at the same rate and then on Sept. 9,2014 the swap on the pairs I trade went:
Position From To
AUD/CAD Buy 2.00% .55%
AUD/CHF Buy 3.58% 1.55%
AUD/USD Buy 2.15% 1.4%
EUR/NZD Sell 1.75% 1.35%
Tech support explained that they pass on what ever rates the banks give them.
Any further enlightenment on this subject would be greatly appreciated.