Join usdtry forex of traders who choose a mobile-first broker for trading the markets. 50,000 of virtual funds and prove your skills in real market conditions. Forex Swap Rates Browse through the details below on our FX swap rates.
Find out what they are and how and when they are calculated with examples. Swap rates are the interest rate differentials embedded in currency trades. To put it more simply, consider how a forex trade works: you borrow one currency to buy another. USD, you are borrowing US dollars and buying euros with the proceeds. In doing so, you are paying interest on the US dollars you borrow, but earning interest on the euros you bought. Where can I find your swap rates? How do you calculate a swap rate?
Account currency is USD, you hold 2. When do you calculate your swap rates? Our swap rates are calculated each day at 4. Trades that have been opened before 4. 59pm and held open past this time will be subject to swap rates. Swap rates are tripled on Wednesday at 4.