🧮 Free Trading Calculator

Swap Calculator

Calculate overnight swap/rollover fees for holding forex positions. Know exactly what you pay or earn for holding trades past market close.

🔄 Swap Calculator
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What is Swap in Forex?

Swap (also called rollover) is the interest paid or earned for holding a forex position overnight. It's based on the interest rate differential between the two currencies in the pair.

How Swap is Calculated

Each broker publishes swap rates for buy (long) and sell (short) positions. Swaps are charged/credited at the end of each trading day. On Wednesdays, the swap is tripled to account for the weekend.

Positive vs Negative Swap

If you hold a currency with a higher interest rate against one with a lower rate, you may earn positive swap. The opposite results in a negative swap charge.

Frequently Asked Questions

Swap is applied at the daily market close (5pm EST/New York time). Wednesday swap is typically 3x the normal rate to cover Saturday and Sunday.
Use a swap-free (Islamic) account offered by most brokers, or avoid holding positions overnight by day trading.
Yes, swap and rollover are the same thing — the interest adjustment made when a forex position is held overnight.
Yes! The Secret Indicator identifies high-probability swing trade entries, helping you capture large moves where profit outweighs swap costs.