Trying to optimize my swing trading strategy and realized swap fees eat into profits more than I expected. GlobeGain’s comparison tools look promising for evaluating XM’s overnight rates against competitors. For those who’ve used this feature: what specific metrics should I prioritize? Does it account for both long/short positions across different account types? Also curious if historical swap data includes weekend charges or just weekdays.
Compare tab. Filter by swap. Check Fridays.
Focus on the net swap after rebates. XM’s standard account charges -4.8 pips on EUR/USD longs but GlobeGain’s cashback reduces this to -3.2.
Enable the ‘Swap Projection’ overlay when comparing brokers. It shows 30-day forecasts based on current central bank rates – more useful than static numbers.
I export the data to a spreadsheet monthly. XM’s swap rates changed 3 times last quarter while others stayed stable.
Don’t forget to check triple swap charges on Wednesdays. The tool flags this with a red border.
Weekend swaps included. Sort by instrument first.
Three-step method that works:
- Set comparator to ‘Swap + Spread Cost’
- Exclude brokers with >2% requote rates
- Check 90-day variance
Found XM’s Gold swaps are 18% higher than FP Markets but their tighter spreads compensate. Rebates cover 40% of the difference.