Welcome, Guest

Login Register
Forex Trading Why do my swap rates triple for position held over roll-over on a Wednesday?
avatar Mymelody
Question by: Samanthar - 17 Jan 2017, 04:59:44
Why do my swap rates triple for position held over roll-over on a Wednesday?
<a href="https://www.instaforex.com/?x=YOUR_PARTNER_LINK">InstaForex</a>
<a href="https://www.instaforex.com/?x=YOUR_PARTNER_LINK">InstaForex</a>
<a href="https://www.instaforex.com/?x=YOUR_PARTNER_LINK">InstaForex</a>
Answers (1)
avatar user 11701
Answer by: Joseph - 17 Jan 2017, 05:01:06

If you hold open a position over Wednesday night the amount added or subtracted to your account as a result of the swap rate charged is three times the usual amount. Triple swap rates are charged in the roll-over period on Wednesday night to account for the settlement of trades over the weekend where no swap rates are charged due to the market being closed.

&lt;a href="https://www.instaforex.com/?x=YOUR_PARTNER_LINK"&gt;InstaForex&lt;/a&gt;
Answer the question
Submit Cancel