• Home
  • Forums
  • Trades
  • News
  • Calendar
  • Market
  • Brokers
  • Login
  • Join
  • User/Email: Password:
  • 11:56am
Menu
  • Forums
  • Trades
  • News
  • Calendar
  • Market
  • Brokers
  • Login
  • Join
  • 11:56am
Sister Sites
  • Metals Mine
  • Energy EXCH
  • Crypto Craft

Options

Bookmark Thread

First Page First Unread Last Page Last Post

Print Thread

Similar Threads

Why do they charge triple swap rate on Wednesday? 20 replies

gbp triple top? 11 replies

Swap Close, Swap Open ? 3 replies

Why is swap tripled on Wednesday and not Friday ? 5 replies

Is that a triple top 4 replies

  • Trading Discussion
  • /
  • Reply to Thread
  • Subscribe

What will be the swap rate for Friday after triple swap?

  • Post #1
  • Quote
  • First Post: Nov 19, 2021 6:20am Nov 19, 2021 6:20am
  •  forexhints
  • | Joined May 2012 | Status: Member | 47 Posts
Hi,
I am confused about swap rate. I know triple swap charge on Wednesday for a trade. My question is after taking triple swap on Wednesday night, should broker charge swap again on Friday for the same trade or broker will charge swap on the next Monday?
  • Post #2
  • Quote
  • Nov 19, 2021 6:29am Nov 19, 2021 6:29am
  •  kennyhubbard
  • Joined Sep 2008 | Status: Member | 346 Posts
Broker charges triple swap once per week, and the day that it happens can be found in the contract specifications.
 
 
  • Post #3
  • Quote
  • Nov 19, 2021 10:55am Nov 19, 2021 10:55am
  •  forexhints
  • | Joined May 2012 | Status: Member | 47 Posts
Quoting kennyhubbard
Disliked
Broker charges triple swap once per week, and the day that it happens can be found in the contract specifications.
Ignored
its clear to me, tripple sawap oncie in a week. But
My question is after taking triple swap on Wednesday night, should broker charge swap again(single) on Friday for the same trade or broker will charge swap on the next Monday. As broker already took swap for weekend are they allowed to charge swap again for friday?
My broker charged 3times swap yesterday and today (friday) they charge single swap again for the same trade. Is it normal?
 
 
  • Post #4
  • Quote
  • Nov 19, 2021 8:18pm Nov 19, 2021 8:18pm
  •  Erebus
  • Joined Jul 2011 | Status: Member | 6,749 Posts
Quoting forexhints
Disliked
{quote} its clear to me, tripple sawap oncie in a week. But My question is after taking triple swap on Wednesday night, should broker charge swap again(single) on Friday for the same trade or broker will charge swap on the next Monday. As broker already took swap for weekend are they allowed to charge swap again for friday? My broker charged 3times swap yesterday and today (friday) they charge single swap again for the same trade. Is it normal?
Ignored
If that's what they do, must be normal

But why are you asking us?

Don't trade your heart, trade your chart!
4 Daily Signals All Time Return: 16.8%
 
 
  • Post #5
  • Quote
  • Nov 19, 2021 8:32pm Nov 19, 2021 8:32pm
  •  kennyhubbard
  • Joined Sep 2008 | Status: Member | 346 Posts
It is normal. They will charge you swap on Friday night again. The week end is on Saturday night and Sunday night.
 
 
  • Post #6
  • Quote
  • Dec 13, 2021 8:31am Dec 13, 2021 8:31am
  •  Myfight
  • | Joined Apr 2021 | Status: Member | 53 Posts
I have no idea what you are talking about, a normal broker only charges swaps on Wednesday.
 
 
  • Post #7
  • Quote
  • Last Post: Edited at 9:52pm Dec 13, 2021 9:27pm | Edited at 9:52pm
  •  TimeTells
  • Joined Dec 2018 | Status: Member | 1,915 Posts
Regardless of whether a broker is normal, or “abnormal” (which I guess is the alternative)


if we trade (on MT4 anyway)
we should be able to find the daily swap on each and every pair

(and it should also be listed which day is a ‘triple” swap day - it’s Wednesday for my broker)


Open MT4

then

Ctrl-M (Market Watch)


highlight ANY pair at all
(it will ultimately take you to the same place for the pair you want)


right-click on that pair, choose Symbols

NOW highlight the “specific” pair you wish to examine, and choose Properties


(you can then scroll right down for particular information such as Min & Max Lot size available on that pair)

and underneath those you will see the daily swap rate (charges/bonuses) under

swap long
swap short

(it should mention that the swap rates are in points, not pips)


From that info you can find YOUR Broker’s swap setups (etc) for the pairs that you trade.

Well, at least I can do this on my MT4 broker screen

all the best
Pete
 
1
  • Trading Discussion
  • /
  • What will be the swap rate for Friday after triple swap?
  • Reply to Thread
0 traders viewing now
Top of Page
  • Facebook
  • Twitter
About FF
  • Mission
  • Products
  • User Guide
  • Media Kit
  • Blog
  • Contact
FF Products
  • Forums
  • Trades
  • Calendar
  • News
  • Market
  • Brokers
  • Trade Explorer
FF Website
  • Homepage
  • Search
  • Members
  • Report a Bug
Follow FF
  • Facebook
  • Twitter

FF Sister Sites:

  • Metals Mine
  • Energy EXCH
  • Crypto Craft

Forex Factory® is a brand of Fair Economy, Inc.

Terms of Service / ©2022