Overnight Holding
Swaps are only triggered if a position remains open past 00:00 platform time.
Swap Rates
Access institutional-grade transparency for your long-term strategies. Manage overnight trades with competitive, real-time rates designed for professional execution.
Defining Overnight Financing
A swap rate is an interest adjustment for positions held past market close. It is the cost or credit of overnight holding, determined by the interest rate difference between the traded assets.
Swap = overnight interest adjustment
Swaps are either debited or credited to your account equity at the end of each trading day.
It may be charged or earned
Rates vary depending on the instrument—whether you are trading FX pairs, Metals,cryptocurrencies or Indices.
How Swap Rates Work?
The idea is straightforward once broken into a few practical points.
Interest Differentials
Values are calculated based on the difference between the interest rates of the two currencies involved.
Long vs. Short
Depending on your trade direction, you may pay a fee or earn interest (positive swap) on your position.
Triple Swap Wednesdays
To account for the weekend settlement period when markets are closed, a triple rate is applied every Wednesday and Friday.
Overnight Holding
Swaps are only triggered if a position remains open past 00:00 platform time.
Interest Differentials
Values are calculated based on the difference between the interest rates of the two currencies involved.
Long vs. Short
Depending on your trade direction, you may pay a fee or earn interest (positive swap) on your position.
Triple Swap Wednesdays
To account for the weekend settlement period when markets are closed, a triple rate is applied every Wednesday and Friday.
Swap Calculation
Swap charges apply when positions are held overnight. For the latest swap charges, check the swap points directly on the DuraMarkets trading platform and apply them using the formula below.
Formula
Swap charges = No. of Lots x Swap Points x Contract Size x Minimum Price Fluctuations x Days x Conversion price to account base currency
*Minimum price fluctuation is not considered for Crypto and indices.
This gives traders a practical way to understand how overnight holding costs are derived once the current swap points are known.
How to check swap rates
MT4 / MT5
- Go to Market Watch
- Right-click the instrument and choose Specification
- View Swap Long and Swap Short
Important note
- As markets are closed on weekends, positions held open after Friday 22:00 GMT (00:00 server time) incur a triple swap charge to account for Saturday and Sunday. Swap charges can be viewed directly in the instrument specification section of the trading platform.
- Swap rates are based on market conditions and may vary over time. All applicable charges are displayed within the trading platform for full transparency.
Swap-free Account Options can be available
For eligible clients and account types, swap-free conditions may be offered subject to internal approval, account usage review, and applicable trading conditions.
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