A swap is the fee or credit applied when a trading position is held overnight. It reflects the interest rate difference between the two currencies in a pair, along with Atmexx's rollover commission.
The swap can be positive or negative, depending on:
The interest rate differential of the currencies
The direction of your trade (Buy or Sell)
The instrument being traded
📅 Swap Timing
Charged daily at 22:00 GMT (01:00 GMT+3)
Friday swap is tripled to account for the weekend, even though markets are closed
🧮 Swap Calculation
For Forex instruments:
iniCopyEditSwap = [(Pip / Interest Rate) × Trade Size (in units) × Swap volume (in points)] ÷ 10
For other instruments (e.g., indices, metals, commodities):
iniCopyEditSwap = Lot Size × Swap Volume × Number of Nights Held
To check the swap rate for each asset:
Refer to the instrument specifications in your trading platform
Or contact our support team for details