A Swap Calculator helps traders calculate overnight interest (swap) charged or earned when holding a position overnight in forex trading.
Step 1: Select currency pair.
Step 2: Enter trade size (lots).
Step 3: Enter swap rate (points).
Step 4: Enter holding days.
Step 5: Click Calculate to see swap cost.
Example: -3 points × 1 lot × 3 days = cost
Pro Tip: Wednesday has triple swap.
Swap can reduce or increase your profits.