Enter your broker's swap rate in points, your lot size, pip value in account currency, and how many nights you plan to hold. We estimate swap per night and total swap using your inputs.
Swap rates vary by broker. Check your broker's swap/rollover specifications for exact values.
A swap (or rollover) is the interest applied when you hold a spot forex position past the daily rollover time. You either pay or earn depending on the interest rate differential between the two currencies in the pair and whether you are long or short.
Conceptually, you are borrowing one currency to buy another. The broker rolls the position and applies a rate that reflects that funding cost or benefit, often adjusted by their own terms. Credits occur when the differential works in your favor for your direction and size.
Spot forex settles on a T+2 basis. Holding over Wednesday night typically rolls through the weekend, so many brokers charge or credit three days of swap on that single rollover to align with settlement. Exact rules depend on the broker and product.
Check your broker's contract specifications, trading platform (often a swap column on symbols), or support docs. Rates are usually quoted in points per lot per night and can change with market rates and broker policy.
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