CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76.09% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

76.09% of retail investor accounts lose money when trading CFDs with this provider.

What is a Triple Swap?

When calculating the Swap rates, you will need to factor in the Number of nights, in which the swap rates were applied. Don’t forget that on Wednesday night the charges are for 3 days instead of 1 (EightCap’s triple swap is charged on Wednesday, with the exception of Monday for CFDs on stocks and Friday for CFDs on indices). This is required due to weekend holding.

Let’s assume your trade was opened on Monday and closed on Thursday. This makes 5 nights, not just 3.

Note:  The swap rates may change from day to day and this should be accounted for. If the swap rate is different every day, calculate each day separately and then add them up.