More Option
Forex Swap rate: what is it?
A forex swap rate or rollover is defined as the overnight interest added or deducted for holding a position open overnight. Swap rates are determined by the overnight interest rate differential between the two currencies involved in the pair and whether the position is long or short.
Contact Us
We are here 24hrs a day Monday to Sunday.
What You Should Know About Swap Rates
- Swaps are applied only when positions are kept open until the next forex trading day.
- Some currency pairs may have negative swap rates on both sides, both ‘long’ and ‘short’.
- Swap rates are calculated in points, MetaTrader 4 and 5 convert them automatically into the base currency of your account.
- Each currency pair has its own swap charge and is measured on a standard size of 1.0 lots (100,000 base units).
- On Wednesday night swaps for FX, Metals, Bonds and CFDs on Commodities are charged a triple rate the usual rate. On Friday night swaps for Energies, Indices and Cryptocurrencies are charged a triple rate the usual rate.
Overnight Swap Rates
- You will able to view the latest swap rates within your MetaTrader 4 and MetaTrader 5 trading terminal by following the process outlined below.
- Right click on any instrument in the ‘Market Watch’ section, then left click on the ‘Specification’ option from the dropdown menu. A new window will open that shows the long and short swap rate for the pair selected.
Orbitalcopytrading. mission is to create the best trading experience for retail and institutional clients alike, allowing traders to focus more on their trading. Built by traders for traders Orbitalcopytrading. is dedicated to offering superior spreads, execution and service.
We accept:
Copyright © : 2005-2024 Orbitalcopytrading. Limited. All rights reserved. Orbitalcopytrading. Ltd is regulated by the Seychelles Financial Services Authority (FSA) with Securities Dealer’s license number SD018.
Notice: You must be 18 years old, or of legal age as determined in your country. Upon registering an account with Orbitalcopytrading. Ltd, you acknowledge that you are registering at your own free will, without solicitation on behalf of Orbitalcopytrading. Ltd.
Risk Warning: Trading Stocks and CFDs carries a high level of risk to your capital and you should only trade with experts that won't lose your money. Trading Stocks and CFDs may not be suitable for all investors, so please ensure that you seek independent advice if from expert traders.
Notice: You must be 18 years old, or of legal age as determined in your country. Upon registering an account with Orbitalcopytrading. Ltd, you acknowledge that you are registering at your own free will, without solicitation on behalf of Orbitalcopytrading. Ltd.
Risk Warning: Trading Stocks and CFDs carries a high level of risk to your capital and you should only trade with experts that won't lose your money. Trading Stocks and CFDs may not be suitable for all investors, so please ensure that you seek independent advice if from expert traders.
