Quick question regarding 2x leveraged ETFs or Stocks when traded on ISA Platform.
My understanding was that SWAPs get applied on leveraged product or they get recalibrated at the end of working days. Sometimes resulting in losing money everynight even though the price could be flat. I cannot see a SWAP fee on the ISA platform for these instruments.
Any clarification please on trading these?
For example, if im trading 2x Amazon and hold these overnight - is there anything I should be aware of ?