Swap is the fee charged for holding a position open overnight. It refers to the interest rate difference between the two traded currencies and is determined according to whether your position is long or short. Swaps are calculated and applied on every trading night. On Wednesday night swaps are charged at triple rate to account for the weekend. Just enter the currency pair you want to trade, along with the trade size and your account currency, and then click ‘Calculate’ to determine the swap fee.
The calculators are supplied by TeleTrade as auxiliary tools serving informational purposes solely. Data for the calculations is sourced from TeleTrade's trading servers and there could be delays before it appears on the website. Due to the possible feed delay and the rounding of values, the displayed calculation results may deviate from the actual parameter values applicable in the market.
Risk Warning: Trading in the financial markets (including trading on margin) provides a wide range of opportunities and enables investors ready to take risks to make high profits, but it carries a potentially high level of risk of loss. Therefore, prior to trading you should take into careful consideration whether such operations are suitable for you in terms of your level of knowledge and financial situation.
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