A swap rate in Forex is charged or credited to your trading account if you are holding an open position overnight, depending on your position in the market and on the interest rate differential, you may pay or receive interest fees, also known as rollover fees.

Part of our multimedia library, learn in this video tutorial what is a swap rate in Forex and how it impacts your overall trading costs.

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If you would like to know more about swap rates in Forex, why does this interest credit or debit occur and to learn trading strategies to help you avoid swap rates, please read our complete article What is Swap Rate in Forex

Top Tip

Use our handy Forex broker Swaps comparison tool to check out if you will be credited or paying for a Swap rate with the more popular brokers:  RebateKingFX - Forex Broker Swaps Comparison Tool