Overnight Swaps
The overnight swap or financing rate is an interest rate credited or debited to the trading account in order to hold a trading position overnight.
The swap overnight is applied once per day during rollover time.
The financing rates are different for each trading instrument and the amount differs between long (buy) and short (sell) legs.
As swap values are updated on a daily basis, the best way to check them is to look at the symbol specification within the platform; just right click on each instrument and select “specifications” on the drop down menu.
We highly recommend to those not familiar with this subject to carefully study it before starting to trade on a real account.
Key to Trading does not offer any financial advice, asset management or portfolio management service. None of our employees will ever solicits any client or prospective clients to make any particular investment. If you receive phone calls or emails from someone using our company’s name soliciting investments and/or promising certain profits then please let us know immediately.
NEVER REVEAL THE PASSWORD OF YOUR ACCOUNT AND NEVER SEND MONEY TO ANY THIRD PARTY.