Swap Rates

Enjoy Swap Free Islamic Accounts with Vonway! We don’t charge our clients ANY swap fees, rollover or overnight holding fees.

Forex Swap Rate: What is it?

A forex swap rate or rollover is defined as the overnight interest added or deducted for holding a position open overnight. Swap rates are determined by the overnight interest rate differential between the two currencies involved in the pair and whether the position is long or short.

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