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Swap charges

simmonjoshua
Jul 03 2020 at 10:47
8 postów
Can someone please explain the concept of swap charges in forex in detail? How do they calculate that?

veronica23
Jul 06 2020 at 05:23
1 postów
A swap/rollover fee is charged when you keep a position open overnight. A forex swap is the interest rate differential between the two currencies of the pair you are trading, and it is calculated according to whether your position is long or short.

IvanMelnik
Jul 17 2020 at 07:33
34 postów
Swap is charge or interest which your broker charges or pays you for holding trading positions overnight to the next forex trading day.

evasmith
Jul 17 2020 at 10:45
7 postów
simmonjoshua posted:
Can someone please explain the concept of swap charges in forex in detail? How do they calculate that?

Swap fee is charged on keeping the position open for overnight. It is based on the interest rate differential. Swap calculators are given by the brokers on their websites. It's better not to keep your position open for overnight to avoid swap charges.

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