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Swap Rates

What is a Swap Rate?

A forex swap rate is defined as rollover or overnight interest that is added or deducted for holding a FX positions overnight.

A swap charge is determined based on the difference between the interest rates in the respective countries involved and whether the position is short or long.

SWAP at MYFX Markets

  • Some currency pairs may have negative swap rates on both long and short positions.
  • Swaps are only applied when positions are kept until the next FX trading day.
  • On Wednesday nights, swaps are charged at triple the usual rate to incur weekend hold costs


You can access our real-time swap rates through the MT4 trading platform

After you’ve installed our MT4, simply follow the next steps;


Right click on a product in the 'Market Watch' window and select 'Symbols'


Select the product from the list and then select 'Properties'


Swap rates for both long and short positions will appear in the window

MYFX Markets MT4

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