Swap Rates

Tradobox Swap Rates Overview

A forex swap rate is defined as an overnight or rollover interest (that is earned or paid) for holding positions overnight in foreign exchange trading.

What you should know about swap rates

  • Swaps are applied to your trading account only when positions kept are kept open until the next forex trading day.
  • Swaps are applied when the rollover occurs at the end of day, which is 00:00 server time.
  • Some currency pairs may have negative swap rates on both sides, both ‘long’ and ‘short’.
  • Swap rates are calculated in points, converts them automatically into the base currency of the account.
  • Each currency pair has its own swap charge and is measured on a standard size of 1.0 standard lots (100,000 base units).
  • Swaps are calculated and applied on every trading night. On Wednesday night swaps are charged at triple rate the usual rate.

Swap Rates

For the latest swap rates please see the Tradobox Trading Platform. To view the rates:

  • Launch Tradobox Trading Platform

  • View > Market Watch

  • Right Click on the Market Watch and select Symbols

  • Choose the currency pair you wish to check and select Properties.

  • A new window will open that shows the long and short swap rate for the pair selected.

Request a Callback

Please fill in the form below and our manager will call you to guide you through our platform and answer all your questions.