Swap / Overnight Cost Calculator
What holding a trade for a week really costs. No login, nothing about you is collected.
points per lot per night
Find the rate in MT4/MT5 under Symbol → Specification → Swap long / Swap short. A negative number there means you are charged; enter it without the minus sign and pick "Charged".
Swap rates change with interest rates and differ by broker, account type and direction. Check today's rate on your platform before relying on the estimate.
Night by night (USD)
No rollover on Saturday or Sunday. The triple day covers the weekend instead.
| Night | Rollover day | Charged as | This night | Running total |
|---|---|---|---|---|
| 1 | Monday | 1 night | −$6.50 | −$6.50 |
| 2 | Tuesday | 1 night | −$6.50 | −$13.00 |
| 3 | Wednesday | 3 nights | −$19.50 | −$32.50 |
| 4 | Thursday | 1 night | −$6.50 | −$39.00 |
| 5 | Friday | 1 night | −$6.50 | −$45.50 |
Illustrative estimate only, based on the swap rate you enter and standard contract sizes. Brokers change swap rates often and may define points, contract sizes and triple-swap days differently. Not investment advice and not a guarantee of any outcome.
Why holding costs add up
A swap of a few dollars a night looks small next to the spread. Hold the same trade for a month and it can be larger than every other cost on the trade combined, especially on gold and on leveraged index positions.
How the estimate works
- Rate to money: points are turned into pips, then into money with the instrument's pip value in your account currency.
- Weekends: there is no rollover on Saturday or Sunday. The triple-swap day charges three nights to cover them.
- Direction matters: the long and short rates are different. Enter the one for the side you hold.
See what one pip is worth with the Pip Value Calculator, or read how brokers word their overnight financing and swap-free fees in the Broker Fee Decoder.