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January 9, 2018

Question:How much does it cost for a position/order to stay open for more than a day?

Answer:

In case you don’t want to close your position in the end of the day it is transferred through the night and the fee, which is called swap is added to or deducted from it.

To learn more about swap, please visit the educational page. The current swaps can be found in the trading platform MetaTrader4.

The swap size depends on the interest rates of the Central Banks and the range of other factors.

For Wednesday-Thursday rollover, swap is deducted/added in a triple size (for Wednesday, Saturday, Sunday).

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