Forex glossary

Swap in Forex

A clear definition of Swap, with practical context for reading markets and making better trading decisions.

Level 2 · From Prices to PracticeLeverage & margin

Definition

The overnight financing adjustment for holding a leveraged position past rollover. It can be a cost or a credit depending on the pair and direction.

Keeping a position open overnight can add or subtract swap from the account.

Understanding Swap helps traders interpret market information, plan decisions, and manage risk with more context.

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