đź’± Forex & CFD Trading
Managing Forex Swap (Rollover) Costs Like a Pro
Understand positive/negative swaps, triple-swap days, and practical ways to reduce overnight financing costs.
What Is Swap?
The interest adjustment for holding positions past the daily rollover (often 5pm New York). Depending on rate differentials, swap can be positive or negative.
Key Facts
Triple-Swap Day
Typically Wednesday to account for weekend.
Varies by Pair & Broker
Check symbol specs in your platform.
CFDs on Indices/Metals
Financing rules differ—read the contract details.
How to Reduce Costs
- • Trade intraday to avoid rollover
- • Favor pairs with more favorable swap (if aligned with your edge)
- • Avoid holding right before triple-swap day when negative
- • Consider partial hedges or closing/re-opening (watch spreads/fees)
Frequently Asked Questions
Why did my swap change?
Rate decisions and broker adjustments.
Is positive swap guaranteed?
No—brokers set their own rates; verify in the contract specs.
Are swaps charged on holidays?
Adjustments may shift—check broker's calendar.