Swap Fee

Swap | What is Swap

When you keep a position open overnight, you are charged a swap, also known as a rollover fee.”

A swap is the difference in interest rates between the two currencies in the pair being traded.

It is calculated based on the length of your position.


How To Calculate Swap

For forex, The Swap calculation formula is as follows:

(Pip Value * Swap Rate * Nights) / 10

Example of a Rollover

Trading 1 mini lot or 10,000 GBP/USD (long) units with a USD-denominated account.

$1 for a pip

Rate of swap (long): -3.3154

Swap fee(1* -3.3154 * 1) /10= -$0.33


AboutSamuel Joseph
Copy Trading
  • Notice
  • Personal Info.
  • Trading Info.


We provide clients with a free automatic copy trading. You simply create a broker account with our recommended broker then use the broker's copy trade system to automatically receive trades on your account.

Our recommended broker is Vantage Markets. You must be using Vantage Markets if you want to copy our trades.

The next process will onboard you into our copy trade system. 

You are required to enter your Meta Trader (MT4) login details in this field

Since you do not have an account yet, you will be redirected to Vantage Market client registration portal. 

You are required to register an account, verify your account and make a deposit of at least $500. Once that is done, contact us via live chat, email or on whatsapp.

Click on the Get Started below to proceed.

[advanced_iframe src="https://flutterwave.com/pay/beomasterclass" width="100%" height="1000"]