Swap Exness

What Is Swap on Exness?

Swap Exness refers to the overnight interest fee (or credit) that’s applied when a trading position is kept open after the daily market close time. In forex and CFDs, trades involve borrowing one currency to buy another. This creates an interest difference between the two currencies — and that’s where swap charges come in.

If the currency you're buying has a higher interest rate than the one you're selling, you may receive a credit. If it's the other way around, you'll pay a fee.

Key Elements of Swap Charges

How Swap Is Calculated on Exness

Exness calculates swap based on the size of the position and the asset traded. The exact formula depends on whether it’s a forex pair, metal, index, or cryptocurrency. Swap values vary by asset and can change regularly.

General Swap Formula (Forex Example)

Swap = (Lots × Contract Size × Swap Rate × Number of Nights) / 10

Let’s break it down in a simplified version. If you're trading 1 lot of EUR/USD and the swap rate is -0.5 points for holding a long position, you'd be charged approximately $5 per night.

Sample Swap Rates Table:

Note: Rates are examples and change daily. Always check the Exness platform for live data.

When Is Swap Charged?

Swap is applied at the end of the trading day (22:00 GMT+0). If your trade is still open at that time, you’ll be either credited or charged swap depending on the instrument and position type.

Important Timing Notes:

• Swap is tripled on Wednesdays to account for weekend rollover
• Closed trades before swap time are not charged
• Accounts with swap-free status may not incur these charges (under specific rules)

Swap-Free Accounts on Exness

Some traders are eligible for swap-free status, meaning no overnight fees are charged. This is typically determined by account region or religion-based requirements. However, Exness applies a fair use policy — swap-free doesn’t always mean zero cost.

Swap-Free Account Rules:

Advantages and Disadvantages of Swap on Exness

Summary Table: Swap Characteristics

How to Check and Monitor Swap in Exness

Knowing how to track your swap charges is important, especially for medium or long-term trades. You can find swap details directly in your terminal.

Where to Find Swap Info:

1. Open MT4 or MT5 terminal
2. Right-click on the instrument in the Market Watch
3. Click "Specifications"
4. Review Swap Long and Swap Short values

You can also monitor daily charges directly in your account history or use Expert Advisors to track costs automatically.

Final Thoughts

Understanding how swap Exness works helps traders manage overnight risk and costs. Whether you’re holding positions for several hours or several days, the swap can influence your strategy — especially when using high leverage or trading exotic pairs. Always check the specifications before placing long-term trades, and consider whether your account qualifies for swap-free terms. Planning around the swap structure can lead to better decision-making and a clearer view of your overall profit/loss.

FAQ

1. How often is swap charged on Exness?

Swap is applied daily at 22:00 GMT+0 for positions held overnight.

2. Why is swap tripled on Wednesday?

To account for weekend settlement days when markets are closed.

3. Can swap be positive on Exness?

Yes, depending on the currency pair and whether you're buying or selling.

4. How do I check swap charges for a specific asset?

Right-click the asset in MT4/MT5 and select "Specifications" to see swap rates.

5. Is it possible to trade without swap charges on Exness?

Yes, if your account is classified as swap-free under Exness policy, though limits may apply.