When are the swaps calculated?

FXTRADING.com
FXTRADING.com

A forex swap is the interest rate differential between the two currency pairs you trade. The value is calculated according to whether your position is long or short. The swap charge is applied should you hold the position at the daily rollover point. This happens at 00:00 server time and is known in forex trading as ‘tomorrow next’ or ‘tom next.’

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