04-04-2022, 10:51 AM
Swap & leverage taxes. help needed
<!-- SC_OFF --><div class="md"><p>Hello guys,</p> <p>I use eToro more than 6 months, all good so far. I'm trying to learn more things every day, so when possible I attend to online courses about investing. Some of them mentioned about diversification in regards of broker diversification - don't store all of your eggs in same place ;-)</p> <p>That's why I stared searching for a broker which offer the same services as eToro. Then I came to XTB - Polish broker, which operates in EU. I played a bit with their system, and it looks good to me.</p> <p>Luckily they seems to be very transparent, which is good, but I still cannot understand few things in there. For instance, they have tax called: adjustment fee and swap fee, but this doesn't make sense to me. Even I went to their website I cannot understand why this is needed.<br/> Because I haven't seen this anywhere else, I'm wondering if this is acceptable/normal or not.</p> <p><a href="https://www.xtb.com/en/swaps-and-charges-kb">swap</a></p> <p>A yeah, forgot to mention - they do all of your positions with leverage, which is also strange for me. In eToro I can choose to go with leverage or not.</p> <p><a href="https://www.xtb.com/en/leveraged-trading-kb">leverage</a></p> <p>Please bare with me, I'm very young in this journey.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/KristianKirilov"> /u/KristianKirilov </a> <br/> <span><a href="https://www.reddit.com/r/investing/comments/tv7m4g/swap_leverage_taxes_help_needed/">[link]</a></span> <span><a href="https://www.reddit.com/r/investing/comments/tv7m4g/swap_leverage_taxes_help_needed/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>Hello guys,</p> <p>I use eToro more than 6 months, all good so far. I'm trying to learn more things every day, so when possible I attend to online courses about investing. Some of them mentioned about diversification in regards of broker diversification - don't store all of your eggs in same place ;-)</p> <p>That's why I stared searching for a broker which offer the same services as eToro. Then I came to XTB - Polish broker, which operates in EU. I played a bit with their system, and it looks good to me.</p> <p>Luckily they seems to be very transparent, which is good, but I still cannot understand few things in there. For instance, they have tax called: adjustment fee and swap fee, but this doesn't make sense to me. Even I went to their website I cannot understand why this is needed.<br/> Because I haven't seen this anywhere else, I'm wondering if this is acceptable/normal or not.</p> <p><a href="https://www.xtb.com/en/swaps-and-charges-kb">swap</a></p> <p>A yeah, forgot to mention - they do all of your positions with leverage, which is also strange for me. In eToro I can choose to go with leverage or not.</p> <p><a href="https://www.xtb.com/en/leveraged-trading-kb">leverage</a></p> <p>Please bare with me, I'm very young in this journey.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/KristianKirilov"> /u/KristianKirilov </a> <br/> <span><a href="https://www.reddit.com/r/investing/comments/tv7m4g/swap_leverage_taxes_help_needed/">[link]</a></span> <span><a href="https://www.reddit.com/r/investing/comments/tv7m4g/swap_leverage_taxes_help_needed/">[comments]</a></span>Kind Regards R