You can check a product’s current swap rates in its contract specifications and review swap amounts already charged or credited in your trading history. Swap is an overnight financing charge or credit that may apply when you hold a position overnight. Rates may change, so check the current specifications before opening a position you intend to hold overnight.
How to Check the Swap Rate on Meta Trader 4/Meta Trader 5 Desktop
Follow these steps to view the current swap rates for a trading instrument:
- Open MT4 or MT5 on your desktop.
- Open Market Watch by selecting View → Market Watch, or press Ctrl + M.
- Right-click the product you wish to check.
- Select Specification.
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Locate the following information:
- Swap Long: Overnight swap rate for Buy positions.
- Swap Short: Overnight swap rate for Sell positions.
- Swap Type: The calculation method used for the product.
- 3-Day Swap: The weekday on which the applicable swap is multiplied, if shown.
The displayed specifications provide the current swap conditions for the selected instrument.
Note: Swap rates, calculation methods, and 3-day swap days may differ between products.
How do I check swap rates in the VT Markets App?
- Open the VT Markets App.
- Select the product and open its price chart.
- Tap the Information (i) icon in the upper-right corner.
- Select Contract Specifications.
- Find Swap Long and Swap Short.
How do I check swap rates on MT4 or MT5 mobile?
- Open the app and go to Quotes.
- Tap the product.
- Select Details or Properties, depending on the application version.
- Find Swap Long and Swap Short.
What do the displayed swap rates mean?
- Swap Long: The rate for Buy positions.
- Swap Short: The rate for Sell positions.
- Swap Type: The calculation method used for the product.
- Negative swap: A charge.
- Positive swap: A credit.
How to Check Swap Charges Already Applied
You can review the actual swap amount charged or credited to your account from your trading history.
- Open the Account History tab at the bottom of the terminal.
- Right-click within the Account History section.
- Select the required date range.
- Check the “Swap” column to see the amount applied to each position.
If the Swap column is not visible:
- Right-click any column header in the Account History section.
- Select “Swap” to enable the column.
Why might the actual swap amount differ from the displayed rate?
The final charge or credit may depend on:
- Rate changes: The rate may change before the applicable overnight rollover.
- Position size: The amount depends on your trading volume.
- Calculation method: Products may use different swap calculation methods.
- Currency conversion: The amount may be converted into your account’s base currency.
- Holding period: The total depends on the number of applicable overnight rollovers.
- Multiplied swap adjustments: A larger adjustment may apply on a designated weekday.
- Product conditions: Financing and settlement arrangements may differ.
When reviewing a swap amount, compare your trade’s direction, size, and holding period with the applicable product conditions. The current displayed rate may differ from the rate used for an earlier rollover.
For multiplied overnight adjustments, see “What is a 3-day swap and when does it apply?”
Risk Warning
Trading Contracts for Difference ("CFDs") and other leveraged financial derivatives involve a high degree of risk and may not be suitable for all investors. Leverage can magnify both gains and losses, and you may lose all of your invested capital. You should ensure that you fully understand the risks involved before trading.
The information provided on this website is for general information purposes only and does not constitute investment advice, a recommendation or an offer or solicitation to buy or sell any financial instrument.