Overnight rollover cost — or credit — for holding a position past the daily roll. Small per-night, real money over a multi-week swing.
Pick the pair and side. See the per-night cost or credit at your broker's rates.
Used to count Wednesdays in the holding window
Find in MT4/MT5 symbol specifications
Daily Swap Cost
-0.50
points (you pay)
Per Day
-0.50
Swap Rate
-0.5 pts/lot
Weekly Estimate
-3.50 pts
4 normal weekday rollovers + Wednesday triple (no weekend charges)
Monthly Estimate
-15.16 pts
~4.33 weeks average
Swap is debited or credited at the daily rollover (17:00 ET / 22:00 GMT). Hold a position past that moment and the rollover hits — even if you closed five minutes later.
Most brokers triple the swap on Wednesday rollover to cover the weekend. A small daily cost can stack up fast if you hold through Wed–Fri without realizing.
Long the higher-yielding currency, short the lower — and you may receive interest. Reverse it and you pay. Carry trades historically chase this dynamic, but rate cuts can flip the math overnight.
Brokers update rollover rates with central bank decisions and their own funding costs. The number that's a credit today can be a charge next month — verify before relying on a positive carry as part of the strategy.