FXTM Brand does not provide services to residents of the USA, Mauritius, Japan (日本), Alberta, British Columbia, Quebec,
Saskatchewan, Haiti, Suriname, The Democratic Republic of Korea, Puerto Rico, and The Occupied Area of Cyprus. Find out more
in the Regulations section of their FAQs.
Swaps can be calculated with the following formula.
Swaps = Pip value x Number of lots x Swap rate x Number of nights
$10 (pip value for 1 lot of GBP/USD) x 4 (number of lots) x 0.35 (short GBP/USD) x 4 (number of nights) = $56 swaps
Pip values can be found in our Contact Specifications page.
More information on swap charges can be found on the FXTM official website.