Calculate how much swap you earn or pay for holding a trade open over several nights, including the triple Wednesday swap, in your account currency.
For information only. Not financial advice. Always check your broker's conditions before trading.
How it works
Swap, or rollover, is the interest you earn or pay for holding a position open overnight. It depends on the interest rate differential between the two currencies and on the broker's markup.
On Wednesdays a triple swap is applied to cover the weekend, when the market is closed but positions remain open.
How it is calculated
Swap per night = points × (pip ÷ 10) × contract × lots
Nights charged = nights + 2 × Wednesdays
Total swap = swap per night × nights charged × exchange rate
FAQ
Where do I find the swap points?
In MT4 or MT5: right-click the symbol, Specification. They appear as “Swap long” and “Swap short”.
What is a swap-free account?
An account without swap, often called an Islamic account. Some brokers charge a fixed fee per night instead.
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