Forex Swap Calculator
Calculate the interest you will earn or pay for holding positions overnight. Perfect for swing traders and long-term investors using carry trade strategies.
What is Swap?
Forex swap, or rollover interest, is the net interest return on a currency position held overnight. When you trade currencies, you are borrowing one to buy another.
If the interest rate of the currency you bought is higher than the one you sold, you earn interest (Positive Swap). If it is lower, you pay interest (Negative Swap).
The Triple Swap Rule
Because the Forex market is closed on Saturdays and Sundays, brokers usually charge or pay three days worth of swap on Wednesday nights to account for the weekend rollover. Always check your broker's specific schedule!
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This calculator is part of our professional suite of Forex currency calculators. Explore the fullForex Trading Toolkitto optimize your strategy and manage risk like a professional.
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More Forex Tools
Explore related calculators to sharpen your edge
Forex Profit & Loss
Calculate net profit/loss for any currency pair trade in your account currency
Forex Pip Value
Calculate the dollar value of a pip for any lot size and currency pair
Forex Position Size
Calculate the optimal lot size based on your risk percentage and stop loss
Forex Margin Tool
Calculate required margin and leverage impact for forex positions