NSFX charges or pays an overnight swap on positions held past rollover, with triple swap on Wednesdays; a swap-free option may be available.
How overnight swaps work
- A swap (rollover) is debited or credited when you hold a position past 22:00 GMT rollover.
- Swaps depend on the interest-rate differential of the pair and your direction (long or short).
- Triple swap (3×) is usually charged on Wednesday nights to cover the weekend.
- With leverage up to 1:30, small nightly swaps can add up over days or weeks of holding.
- Check current swap rates in your platform before holding overnight.
Frequently asked questions
When is swap charged?
When you hold a position past the daily rollover; triple on Wednesdays.
Can I avoid swap?
Trade intraday and close before rollover to avoid swap.