FOREX, Metals, and Oil SWAP:

Below you will see the SWAP type (how it is calculated), the two rates for holding a buy/sell Trade overnight, and when the Triple swap is actioned.

For example the EURUSD the SWAP rate for a holding long/BUY position is -8.278045, to calculate what will be the $ that is charged at the end of the day at 00:00, you need to multiply the SWAP rate with the lots and the nights it was active:

SWAP Rate * Lots(Volume) * Nights = SWAP rate in the second currency.

If we opened a long position (Buy) for 1 lot (volume) of EURUSD and held it overnight(1 night), the SWAP we are charged would be: -8.278045 * 1 * 1 = -8.278045 USD charged.

As the Metals markets along with the Oil markets overnight charges are also calculated in points, the very same formula and calculation methods apply:

STOCKS SWAP Calculation:

Like all other assets, you can check the SWAP rates for the specific stock in the “Specifications” window in MT4/5:

The stocks’ SWAP rate is calculated in percentage terms of the current stock price, in this case, for APPLE Share the SWAP Long/BUY is -2.587, and the percentage is for the Annual SWAP charge so you have to divide it by 365.

The formula to calculate what you will be charged for holding an Apple Share overnight is as follows:

Тhe lots(volume) * The contract size * The current stock price * ((The SWAP rate/ 100) / 365)

Therefore, and if we are to show an example with Apple SWAP:

1 * 100 * 154.24 * ((-2.587/100) / 365) = -1.093

Crypto SWAP Calculation:

The Crypto markets currently have pre-set Annual swap rates of -15% on long/BUY positions and 1% on short/SELL positions.

Here is the calculation formula:

(Lots(volume) * Current price * Long(Buy) or Short(Sell) rate / 100 )/ 360

For example:

• Bitcoin Long – (1 * 19 322.50 * -15/100 ) / 365 = -10.57 USD
• Bitcoin short – (1 * 19 322.50 * 1/100)/ 365 = +0.52 USD

Indices SWAP:

In the case of Indices, like Forex, the SWAP rate is calculated in points:

To calculate the SWAP rate for indices you need to multiply the Rate by the lots(Volume) and then by the nights it was held on the market.

SWAP Rate Long/Short * lots(Volume) * Nights held = SWAP charge

For example:

• US30 Long – 38.197 * 1 * 1 = 38.197 USD
• US30 Short – (1.201) * 1 * 1 = 1.201 USD