11

Categories

January 22, 2018

Question:What is swap point and how can I check it on MT4?

Answer:

A swap is the difference between the overnight interest of the two currencies involved in a pair, and it depends on whether the position is a buy long or sell short.

Swaps are applied to your trading account during the rollover time only when your positions are kept open until the next forex trading day.

If you have open positions on Wednesday and carry them over to the next day, the swaps are charged at triple rates due to the settlement of trades through the weekend period.

You can check the swap point for each currency pair within MT4:

  1. Right click on Market Watch and choose Symbols.
  2. Click on the currency pair you wish to check the swap for and click Properties.
  3. Check Swap Long and Swap Short on the Contract Specification window.

All Forex Brokers

  • IFC Markets
  • FxPro
  • IronFX
  • Axiory
  • FBS
  • Land-FX
  • MyFX Markets
  • Titan FX
  • Traders Trust
  • XM
  • LMFX
  • FXDD
  • ForexClub
  • KVB Kunlun
  • Tradeview
  • EightCap
  • FXOpen
  • HotForex
  • FXGiants
  • LQDFX
  • Fortrade
  • CM Trading
  • InstaForex
  • FXPRIMUS
  • ForexMart
  • Valutrades
  • AvaTrade
  • Yadix
  • RFXT
  • easyMarkets
  • JustForex
  • Swiss Markets
  • FXTM
  • HYCM
  • FP Markets
  • SimpleFX
  • IC Markets
  • Evolve Markets
  • Tickmill
  • Markets.com
  • Z.com Trade
  • UFX
  • Anzo Capital
  • LiteForex
  • 4xCube
  • OctaFX
  • Tifia
  • XTB
  • AAAFx
  • NordFX
  • FXGlory
  • Capex
  • ClickTrades
  • TopstepFX
  • HotForex ZA (South Africa)
  • XMTrading
  • GMOTrading
  • PaxForex
  • ITRADER
  • ITRADER Global
  • FortFS

All Crypto-Currency Exchanges

  • CEX.IO
  • HitBTC
  • Paxful
  • BitMEX
  • C-CEX
  • Binance
  • YObit
  • Wisebitcoin
  • Bibox
  • BKEX
  • CoinPark
  • CoinEx
  • IRONX
  • CoinField
  • bybit
  • Bitpanda
  • WCX

This website uses cookies

By using our site, you acknowledge that you have read and understand our Privacy Policy (Cookie Policy), and our Terms of Service.