Exness Swap and Trading Conditions
What Is a Swap in Trading?
A swap, also called a rollover fee, is the cost or reward of holding a position overnight. It reflects the difference in interest rates between the two currencies in a forex pair, or the financing cost for leveraged products like gold or indices.
Key points:
- Swaps apply after market close (usually at 22:00 UTC).
- They can be positive (added to your balance) or negative (charged from your balance).
- Calculated daily, but Wednesday night swap is triple (to cover weekend holding).
| Term | Meaning |
|---|---|
| Swap long | Fee for holding a buy position |
| Swap short | Fee for holding a sell position |
| Triple swap day | Usually Wednesday night |
| Swap-free option | Available for certain account types |
So Exness Swap is not just a cost — sometimes it can work in your favor, depending on the pair and position.
How Exness Applies Swaps
Swaps at Exness are applied automatically at the end of each trading day for positions that remain open past the cutoff time. These charges differ by instrument and direction (buy/sell).
Main conditions:
- Calculated once per night at 22:00 UTC
- Based on pip value, lot size, and swap rate
- Affects forex, metals, indices, energies, and crypto
- Visible in MetaTrader or on the Exness website
These rules make it necessary to check swap info before entering long-term trades.
Where to Find Swap Rates on Exness
You can easily check Exness Swap rates in the trading platform or on the broker’s official website.
How to check in MetaTrader:
- Right-click the instrument in Market Watch
- Select "Specification"
- Scroll to "Swap long" and "Swap short"
Example: EUR/USD Swap
| Value | Rate |
|---|---|
| Swap long | –0.42 |
| Swap short | –0.25 |
| Triple swap (Wednesday) | Applied ×3 |
Alternative sources:
- Exness website (contract specifications)
- Exness app (under each asset)
- Exness Swap calculator (to estimate before trading)
Knowing the rate helps you calculate possible holding costs in advance.
Practical Example: Swap Cost Calculation
Let’s say you open a 1-lot buy position on EUR/USD at 22:00 UTC and hold it overnight. Your swap long is –0.42.
Calculation:
- 1 lot = 100,000 units
- Swap = –0.42 per lot
- Holding 1 day = –$0.42 charge
- Holding 3 days (through Wednesday) = –$1.26 charge
| Position Details | Value |
|---|---|
| Asset | EUR/USD |
| Lot size | 1 |
| Swap long | –0.42 |
| Days held | 3 |
| Total swap cost | –$1.26 |
This cost is automatically deducted from your balance and shown in your history.
Swap-Free Accounts on Exness
For traders who don’t want overnight charges due to religious or strategic reasons, Exness offers swap-free options.
Key features:
- No interest charged on overnight positions
- Available by request or auto-assigned in some regions
- Applies only to selected instruments
- May include administration fees instead
| Account Type | Swap-Free Option | Notes |
|---|---|---|
| Standard | Yes | Manual request possible |
| Pro | Yes | Same conditions apply |
| Zero | Yes | Subject to asset list |
| Raw Spread | Yes | Depends on region/trading style |
Swap-free doesn’t always mean free of all charges — check for any admin fees if applicable.
How to Manage Swap Charges Strategically
While some traders ignore swaps, others make them part of their planning — especially for longer trades.
Ways to manage swap impact:
- Close positions before 22:00 UTC if not needed overnight
- Choose pairs with positive swap in your trade direction
- Trade during the day only (intra-day)
- Use swap calculator for accurate cost preview
| Strategy | Result |
|---|---|
| Close trades daily | Avoid all swaps |
| Choose positive swap | Earn small amount for holding |
| Trade short-term | Focus on quick profits |
| Check triple swap day | Avoid high costs midweek |
Swap planning can protect your capital from hidden losses.
Conclusion
Exness Swap is a standard part of trading and affects anyone who holds positions overnight. These fees are based on market interest rates and vary depending on the asset and direction of the trade. Exness applies swaps daily, with a triple charge on Wednesdays to cover weekend holding. You can find swap values inside the platform or on the website before opening a trade.
Understanding swap logic can help you plan better, manage costs, and even benefit from positive swaps in some cases. For those who prefer not to deal with them, swap-free account options are also available.
FAQ
- 1. What is Exness Swap?
- Exness Swap is the overnight fee (or credit) charged when a position stays open past 22:00 UTC.
- 2. Can I trade without swaps on Exness?
- Yes. Swap-free accounts are available and remove overnight interest charges for selected instruments.
- 3. Why is the Wednesday swap triple?
- Wednesday swaps cover the weekend period when markets are closed but positions are still considered open.
- 4. Where can I find swap rates on Exness?
- You can view swap rates in MetaTrader under “Specification” or on the Exness website in the instrument’s details.
- 5. Are swap charges the same every day?
- No. Swap charges can change depending on market conditions and broker updates. Always check before trading long-term.