Forex Swap Calculator
Profitable forex traders know their swap fees. Calculate yours seamlessly with our Forex Swap Calculator.
Enter your currency pair, account currency, trade duration, and lot size — the Forex Swap Calculator does the rest!
What Is A Swap Rate?
A swap rate is the gain or the cost of holding an open forex position through each day’s settlement. This is known as rollover.
The forex trading account is credited or debited the swap fee once a day per rollover. On Wednesdays, swap fees are allocated three times.
How To Use The Forex Swap Calculator
Winning forex traders know their swap fees! With our Forex Swap Calculator, you’ll know yours in a few steps.
- Choose your deposit currency
- Select the desired forex pair
- Enter your trade size
- Assign a number of nights
- Click Calculate!
How Are Swap Rates Calculated?
To calculate swap fees for your open positions, you must know the pip value, swap rate, and the number of nights the position is held. Then, enter these values into the swap fee formula:
Formula: Swap Fee = (Pip Value * Rate * Nights)/10
Assume you hold 10 lots of EUR/USD for one night with an account denominated in euros (EUR).
- 10 Lots = 1,000,000 units
- Pip Value = $100
- Swap Value = 0.24
- Number of Nights = 1
- Swap Fee = (100 * 0.24 * 1) / 10 = $2.40
FAQs
Here are a few of the most commonly asked questions about swap rates and the Forex Swap Calculator.
Can The Forex Swap Calculator Be Used When Trading CFDs?
No. It is a web analytics service designed for use on foreign exchange currency pairs. When trading CFDs or other financial instruments, external resources will be needed to calculate fees.
How Important Are Swap Rates?
The importance of swap rates varies according to position size; the larger the size the greater the swap fees. Typically, this is a significant factor driving the profitability of most retail investor accounts. However, it is not considered a means of rapidly losing money.
Is My Trading Information Safe In The Forex Swap Calculator?
Absolutely! The tool is built to be used in an anonymous capacity. With the Forex Swap Calculator, there is no discernable personal data provided by users.
Check our other trading tools for in-depth analysis
Harness our tools and analysis to make informed trading decisions.
Forex Compounding Calculator
You can use our Forex Compound Calculator and simulate the profits you might earn on your Forex trading account.
Use calculator
Economic Calendar
Our economic calendar showcases relevant events to help you trade these markets too.
View calendar
Forex Heatmap
Our Forex heat map includes real-time data and can help you determine the strongest and the weakest currencies on the Forex market right at this moment.
Use it now
Value at Risk Calculator
Use our Value at Risk Calculator to estimate potential losses. This tool can help you make more informed investment decisions and ultimately help protect your hard-earned money.
Use calculator
Lot Size Calculator
Use our simple yet powerful Forex Lot Size Calculator to calculate the exact position size for each trade and manage your risk per trade like a pro.
Use calculator
Forex Profit Calculator
With our free Forex Profit Calculator, you can calculate your profits and losses before or after executing a trade so you'll know exactly how much profit or loss you can expect.
Use calculator
Currency Strength Meter
This free interactive currency strength meter is going to show you which currency pairs are strong and weak, in real-time.
Use it now
Swap Calculator
Calculate the swap fee you will be charged on your trading account for holding your positions overnight based on the instrument you are trading, your account currency, and trade size.
Use calculator
Monte Carlo Simulation
Monte Carlo Simulation is a computer simulation technique used to estimate the possible outcomes of your trades and estimate your trading strategies' viability.
Use this tool
Forex Compounding Calculator
You can use our Forex Compound Calculator and simulate the profits you might earn on your Forex trading account.
Use calculator
Economic Calendar
Our economic calendar showcases relevant events to help you trade these markets too.
View calendar
Forex Heatmap
Our Forex heat map includes real-time data and can help you determine the strongest and the weakest currencies on the Forex market right at this moment.
Use it now
Value at Risk Calculator
Use our Value at Risk Calculator to estimate potential losses. This tool can help you make more informed investment decisions and ultimately help protect your hard-earned money.
Use calculator
Lot Size Calculator
Use our simple yet powerful Forex Lot Size Calculator to calculate the exact position size for each trade and manage your risk per trade like a pro.
Use calculator
Forex Profit Calculator
With our free Forex Profit Calculator, you can calculate your profits and losses before or after executing a trade so you'll know exactly how much profit or loss you can expect.
Use calculator
Currency Strength Meter
This free interactive currency strength meter is going to show you which currency pairs are strong and weak, in real-time.
Use it now
Swap Calculator
Calculate the swap fee you will be charged on your trading account for holding your positions overnight based on the instrument you are trading, your account currency, and trade size.
Use calculator
Monte Carlo Simulation
Monte Carlo Simulation is a computer simulation technique used to estimate the possible outcomes of your trades and estimate your trading strategies' viability.
Use this toolBecome Financially Free By Learning How To Trade
In partnership with our recommended partner 
Wait!
Trade together and learn alongside professional coaches on the markets in realtime
