A Forex Swap/Rollover is an overnight interest earned or paid for holding a position open overnight in FX trading, and it’s calculated based on whether your open positions are long or short.
Rollover interest is applied to a trader’s trading account on each trading day at 5 p.m. Eastern Standard Time, which is 00:00 MetaTrader 4/MetaTrader 5 server time. On Wednesday, rollover is charged triple rated due to market close on Saturday and Sunday.
Because our roll over rates reflect some of the most competitive in the industry, this allows us to keep your rollover costs as low as possible when you pay on the rollover, and maximize your credit when you earn on the rollover.
You will be able to view the latest swap rates in your MetaTrader 4 and MetaTrader 5 trading terminal by following the process outlined below.
Open MT4/MT5 >> Right Click on any instrument you want to check in the “Market Watch” section >> Left Click on “Specialization” >> A new window will open that shows the long and short swap rate for the pair selected.
The formula we use for calculating the swap charge for Forex pairs is the following:
Swap (in base currency) = Swap Rate x Lots (Volume) x Number of Nights
Apply now to start trading
Learn more about forex trading by navigating our forex resource page here. You can also find additional trading resources at our educational center below.
BAXIA GLOBAL LIMITED
BAXIA LIMITED
Calling From
United Kingdom: +44 1392 58 0012
Australia: +61 73040 6007
Hong Kong: +852 8170 0166
Mexico: +52 29690 3332
Join the
community
Risk Warning: Margin trading involves a high level of risk, and may not be suitable for all investors. You should carefully consider your objectives, financial situation, needs and level of experience before entering into any margined transactions with Baxia Limited, and seek independent advice if necessary. Forex and CFDs are highly leveraged products which mean both gains and losses are magnified. You should only trade in these products if you fully understand the risks involved and can afford losses without adversely affecting your lifestyle (including the risk of losing the entirety of your initial investment). You must assess and consider them carefully before making any decision about using our products or services.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. The majority of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Baxia Global Limited is a company registered in Seychelles with registration number: 8426970-1, and is regulated by the Financial Services Authority of Seychelles with License number: SD104.
Baxia Limited is a company registered in The Bahamas with registration number: 177330 B, and is licensed and regulated by The Securities Commission of The Bahamas (SCB), (SIA-F234).
The information on this website is general in nature and doesn’t take into account your personal objectives, financial circumstances, or needs. It is not targeted at the general public of any specific country and is not intended for distribution to residents in any jurisdiction where that distribution would be unlawful or contravene regulatory requirements. Baxia Limited makes reasonable efforts to provide accurate translations of the website in other languages for your convenience. Where content is missing, inaccurate or incomplete, the English version prevails.