Carry Trade

Seek to benefit from interest-rate differentials while also managing the currency price risk of the position.

Risk first. Forex, CFDs, copy trading, signals and automated strategies can all lose money. Performance claims and backtests do not guarantee future results. Verify the legal entity, product availability and rules that apply in your country before funding an account.
Typical timeframeDaily, Weekly
Market focusPairs with meaningful and persistent rate differentials

When the strategy tends to make sense

Stable risk conditions and persistent monetary-policy divergence.

When it tends to fail

Risk-off shocks, central-bank repricing and abrupt currency reversals.

Testing checklist

  1. Check the broker’s actual swap/financing schedule.
  2. Understand which side of the pair earns or pays financing.
  3. Map central-bank events and rate expectations.
  4. Use conservative leverage because holding periods can be long.
  5. Separate financing return from spot FX gain or loss in the journal.
Key risk

Positive carry does not protect against a large adverse move in the currency pair.