July 14, 2020 Swap rate = (Contract x [Interest rate differential + Broker’s mark-up] /) x (Price/Number of days per year) Swap Short = (, x [ + ] /) x (/) Swap Short = USD A forex swap is the interest rate differential between the two currencies of the pair you are trading, and it is calculated according to whether your position is long or short. The FxPro Swap Calculator can be used to determine what your swap fee will be for holding a trade open overnight. An example of Swap calculation. Currency Pair AUDUSD; Transaction Volume of 1 lot ( AUD) Current exchange rate When opening a long/short position, a purchase/sale of the base currency and a reverse operation with the quoted currency take place. ### Calculating Swap rates

A swap rate is a rollover interest rate, which XM credits to or debits from clients’ accounts when a position is held open overnight. 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). A forex swap is the interest rate differential between the two currencies of the pair you are trading, and it is calculated according to whether your position is long or short. The FxPro Swap Calculator can be used to determine what your swap fee will be for holding a trade open overnight. Swap rate = (Contract x [Interest rate differential + Broker’s mark-up] /) x (Price/Number of days per year) Swap Short = (, x [ + ] /) x (/) Swap Short = USD ### What is a Swap rate?

An example of Swap calculation. Currency Pair AUDUSD; Transaction Volume of 1 lot ( AUD) Current exchange rate When opening a long/short position, a purchase/sale of the base currency and a reverse operation with the quoted currency take place. Swap rate = (Contract x [Interest rate differential + Broker’s mark-up] /) x (Price/Number of days per year) Swap Short = (, x [ + ] /) x (/) Swap Short = USD A forex swap is the interest rate differential between the two currencies of the pair you are trading, and it is calculated according to whether your position is long or short. The FxPro Swap Calculator can be used to determine what your swap fee will be for holding a trade open overnight.  