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 UTC and 00:00 UTC, the swap fee will be applied.
Example:
If a trader buys 1 lot of EUR/USD at 23:50 UTC and keeps the trade open past 00:00 UTC, the position crosses the rollover time, so a swap (overnight) fee will be charged. If the trader closes the position at 23:58 UTC, 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:
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.