A swap fee is charged when you keep a position open overnight. A swap rate is calculated according to whether your position is long or short. The BenchMark Swap Calculator can be used to determine what your swap fee will be for holding a trade open overnight.
For swap calculation, select your account currency, the instrument you are trading and trade size, and click ‘Calculate’.
| Results | |
|---|---|
| Swap long position : | 0 |
| Swap short position : | 0 |
Swap values are indicative and updated to 24.04.2024 and can be changed depending on market conditions. For currency pairs, the swap is triple for positions remaining open from Wednesday to Thursday and for stock indices the swap is triple for positions remaining open from Friday to Monday.