The formula used to calculate the swap charges depends on the instrument group that is being traded.

Forex: Pip Value X Swap Rate X Number of nights /10

Spot Metals, Energies & Indices: Lot Size (i.e., 0.1 or 1.0) X Swap Rate X Number of nights

Swap charges occur daily for all instruments (triple charge on Friday), and are reviewed on a weekly basis & updated accordingly.

All articles in this category
What do I do if I have a question or enquiry regarding one of my trades? Why has my pending order been executed or Stop loss/take profit triggered when the price has not reached the specified price? Why has my pending order not executed? How is swap calculated? Will I experience requotes? What are floating spreads? What are fixed spreads? Do you offer guaranteed stop loss? What instruments do you offer for trading? What commissions will I be charged for trading? What spreads do you offer?