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What is the Rollover Period, Swap Fee, and Triple Swap Fee?

Updated over 10 months ago

Swap represents the difference in interest rates between the two currencies in a currency pair. The triple swap accounts for the interest accrued over the weekend, adjusting for the days the market is closed. This is typically charged or credited on a specific day to account for the weekend. The rollover period occurs when trades extend beyond a single trading day; during this time, swaps are calculated and then applied to any positions that remain open overnight.

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