Overnight Swap Rate Forex

Overnight swap rate forex

Overnight swap rate forex

Understanding Forex Rollover

What Is Rollover In Forex Trading?

A forex rollover rate is defined as the interest added or deducted for holding a currency pair position open overnight. These rates are calculated as the difference between the overnight interest rate for two currencies that a Forex trader is holding whether long (buying a currency pair) or short (selling a currency pair).

When do you calculate your swap rates?

Our swap rates are calculated each day at 4.59pm New York time/11.59pm MT4 platform time (GMT+2).

Trades that have been opened before 4.59pm and held open past this time will be subject to swap rates.

Forex SWAP - What is Swap Rate in Forex Trading?

Swap rates are tripled on Wednesday at 4.59pm to account for weekends. Please note that this is the standard structure of swaps – however, on weeks where there are holidays, the swap rate structure may be modified to account for the holiday.

Overnight swap rate forex