Why does eToro pay you to hold positions (CFD) on certain currencies and commodities?

So as the title says.

For example, crude oil gets you +$0.13 per unit for your short position. At first I thought that I just misunderstood the fee system, so I opened a crude oil short (btw, that turned out to be horrible timing), and yup, I got a few dollar credited to my account.

Why would they do that? They have a spread on oil, so they're making money, but I don't get why they would actually pay money for open positions.

Submitted August 10, 2017 at 05:33AM by IrisHopp
via http://ift.tt/2wL3rPV

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s