What is a Forex Spot Swap and Rollover Rate?

When trading spot Foreign Exchange (Forex trading) and precious metals, all trades will settle two business days from date of entry, as per market convention. Vantage FX is not involved in the physical delivery of trades, thus all positions left open at the end of the trading day will be rolled over to a new value date and will therefore have exposure to a swap charge or credit.

Please note: For trades held open from Wednesday to Thursday as per server time, the new value date becomes Monday, rather than the weekend. This means the rollover charge on a Wednesday evening will be three times the usual value indicated on the table.

 

Up to Date Swap Rates

For the most up-to-date swap rates, please refer to the Market Watch panel in our MetaTrader 4 or MetaTrader 5 platform. Simply follow the steps outlined below:

  • Locate your product in the 'Market Watch' window. Right click, and select 'Symbols'.
  • Select the product you wish to view from the list. Select 'Properties'.
  • Here you can view the swap rates for both long and short positions.

 

For further information, please feel free to contact us.