How is the "Swap" cost calculated on a trade?

 

How is the "Swap" cost calculated on a trade?

What is it?

 
PennySeven:

How is the "Swap" cost calculated on a trade?

What is it?

Swap is the interest that you pay (or get paid) in order to keep a position overnight.

Usually every broker has a chart in its website, showing the swap (or rollover as they called) charges and most of the time are shown per 10.000 units of the base currency.

 
Eleni Anna Branou:

Swap is the interest that you pay (or get paid) in order to keep a position overnight.

Usually every broker has a chart in its website, showing the swap (or rollover as they called) charges and most of the time are shown per 10.000 units of the base currency.

Thank you.
 
PennySeven:

How is the "Swap" cost calculated on a trade?

What is it?

You can also check the forum history, you will certainly find a lot of explanation.