Account Base Currency

Converted Currency

Account Base Currency

Converted Currency

How it works:

The swap rate is credited or debited once for each day of the week when a position is rolled over, with the exception of Wednesday, when it is credited or debited 3 times (i.e. 7 swaps in 5 trading days).

By using our swap calculator you can calculate the interest rate differential between the two currencies of the currency pair on your open positions.

Enter your account base currency, select the currency pair, enter the account type, and the trade size in lots.

The calculation is performed as follows:

 

Swap in USD = (One Point / Exchange Rate) * Trade Size (Lot Size) * Swap Value in Points

Exchange rate is the conversion rate of Quote Currency to account based currency chosen

 

Example:

One Point: 0.00001
Account Base Currency: USD
Currency Pair: CAD/CHF 
Exchange Rate: 1.01883 (USD/CHF)
Volume in Lots: 5 (One Standard Lot = 100,000)
Short Swap Rate: 0.15

Swap Value in CHF = 0.00001 * 500,000*0.15
Swap Value in CHF = 0.75CHF

Swap Value in USD = (0.00001/1.01883) * (500,000*0.15)
Swap Value in USD = 0.73USD

*If the result is negative your account will be debited whereas if it is positive your account will be credited.

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