What is LIBOR: What Is It and Why Does it Matter? ☝️

✅ Trade with our Sponsor Broker: Trade Nation http://www.financial-spread-betting.c... ✅ Check our website: http://www.financial-spread-betting.com/ ✅ Please like, subscribe & comment if you enjoyed - it helps a lot! What is LIBOR? http://www.financial-spread-betting.c... PLEASE LIKE AND SHARE THIS VIDEO SO WE CAN DO MORE! LIBOR stands for London Interbank Offered Rate. LIBOR is basically an average of interest rates that each of the main banks in London charge each other for short-term loans. As such it is the interest rate at which member banks can borrow from one another in suitable size. How does LIBOR affect traders? What does it mean for a broker to charge traders LIBOR +2 or - 2%? ✅ Our channel sponsor for this month are Trade Nation meaning these guys are covering our costs of operation. We only accept reputable and properly regulated providers as sponsors. Please support us by trading with this provider. Trade Nation offer the popular MT4 platform as well as an easy-to-use web trading platform with fixed spreads. Sign up with Trade Nation: http://www.financial-spread-betting.c... 📜 Disclaimer 📜 81.7% of retail investors lose money when trading CFDs and spread betting with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.