Why is there a triple swap charge?

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    Swap is a fee that you either pay, or will be paid, if you hold a position after 5pm NY time each day. Swaps are calculated by the liquidity providers based on the interest of the countries in that specific currency pair, risk-management analysis and market conditions.

    Forex CFD providers apply triple rollover interest at 5pm New York Time on Wednesday for the settlement of trades through the weekend. Please note, you can be either paid or earned for holding a position overnight.

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