Swap
Fees
Swap (also called overnight financing or rollover) is the interest charged or credited for holding a forex position overnight.
Swap — also called overnight financing or rollover — is the interest charged or credited for holding a forex position overnight. The amount depends on the interest-rate differential between the two currencies in the pair.
Some prop firms charge swap to the trader''s account; others absorb it. For carry-style strategies and longer-horizon positions, swap economics can meaningfully affect net P&L.
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