What You Should Know About Swap Rates
Swaps are applied only when positions are kept open until the next forex trading day.
Some currency pairs may have negative swap rates on both sides, both ‘long’ and ‘short’.
Swap rates are calculated in points, MetaTrader 5 convert them automatically into the base currency of your account.
Each currency pair has its own swap charge and is measured on a standard size of 1.0 lots (100,000 base units).
On Wednesday night swaps are charged at triple rate the usual rate.
Overnight Swap Rates
You will able to view the latest swap rates in your MetaTrader 5 trading terminal.