Swap calculation is a bit complicated than the profit/loss and margin calculation.

Swaps(overnight charges) can be calculated with the following formula.

Swap = (One Point / Exchange Rate) * Trading Volume(Lot) * Swap Rate

For a better understanding of the calculation, please find an example of the calculation below.

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One Point: 0.00001
Account Base Currency: EUR
Currency Pair: EUR/USD
Exchange Rate: 1.0895 (EUR/USD)
Volume in Lots: 10 (One Standard Lot = 100,000 Units)
Short Swap Rate: 0.15

⇩　⇩　⇩　⇩　⇩

Swap Value = (0.00001 / 1.0895) * (1000,000 * 0.15)
Swap Value is €1.38

*If the result is negative your account will be debited whereas if it is positive your account will be credited.

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XM offers “Forex Calculator” for free where you can calculate margin, profit/loss and also swaps instantly by just typing in the numbers.

Go to XM official website and use the trading tools for free!

XM Official Website