How can I check the swap fees?
A swap fee, also known as a rollover fee, is interest that traders pay for maintaining a position until the end of the trading day (overnight). If traders open or maintain their positions at the daily rollover point, which occurs between 23:59 CET and 00:00 CET, the swap fee will be applied.
Example:
If a trader buys 1 lot of EUR/USD at 23:50 CET and keeps the trade open past 00:00 CET, the position crosses the rollover time, so a swap (overnight) fee will be charged. If the trader closes the position at 23:58 CET, then no swap fee is applied.
In the following articles, you’ll learn how to check the swap fees depending on the platform you use.
Important:
If your account is not swap-free, please take this information into consideration before keeping positions open overnight.
Forex pairs and commodities are subject to 3x swap charges during the Wednesday overnight rollover, while indices are subject to 3x swap charges during the Friday overnight rollover.
Swap fees on the platform are displayed in "pips." Please refer to our calculator to check the cost in dollars.
Swap Fee Calculator > Click Here.
⚠️ DST Notice: During summer and winter time changes in America and Europe, the times indicated in this article may vary by ±1 hour.