1. LOG ON TO MT4
2. CLICK VIEW – SYMBOLS
3. CHOOSE THE SYMBOL AND SELECT PROPERTIES
4. VIEW THE SPECIFICATIONS
Swap Rates Calculation
Swap rates determine the cost / payment for holding a position overnight. This occurs at 00:00 Server time, on any trades held to this point.
In order to calculate the payments / interest, you first need to take the swap long / short rate of the currency pair in question. In this example we will be opening a sell trade for 1 lot on EURAUD.
The swap short means for every rollover, you will receive 3.3 points (0.33 pips) per 1 lot. Therefore, the account will receive $3.30 AUD per rollover.
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