What Is Swap?
Swap is the interest adjustment applied to a position held open past the daily rollover time — a credit or a charge.
Open Exness Account →Swap is the interest adjustment applied to a position held open past the daily rollover time — a credit or a charge. It is a concept traders study to understand markets better. It is general educational information, not financial advice, and trading forex and CFDs remains high-risk because leverage magnifies both gains and losses.
Swap explained
- It applies to positions held overnight.
- It can be positive or negative.
- Rates depend on the instrument and direction.
- Swap-free accounts remove it on eligible instruments.
- This is general educational information, not financial advice.
- CFD and forex trading is high-risk — only trade money you can afford to lose.
Frequently asked questions
What is swap in trading?
Swap is the interest adjustment applied to a position held open past the daily rollover time — a credit or a charge.
Is swap risky?
All forex and CFD trading is high-risk because leverage magnifies both gains and losses. Treat any concept as a study tool and manage your risk.