DOLPHIN MARKETS' SWAP RATES ARE HIGHLY COMPETITIVE IN THE INDUSTRY. ENSURE YOU'RE TAKING ADVANTAGE OF POTENTIAL OVERNIGHT SWAP EARNINGS OR LOOK TO REDUCE COSTS ACROSS OUR TRADING PRODUCTS.
REVIEW OUR COMPETITIVE RATES
A swap rate, otherwise known as a rollover rate or a swap, is a fee that is paid or charged to an open trade at the end of each trading session. It’s the calculated interest fee, which is charged or earned, when traders keep positions open overnight. A swap rate allows positions to be extended into the next trading session without closing or settling.
SWAP ROLLOVER
A swap is determined by the difference in interest rates between both currencies in a currency pair. If you are trading the Australian dollar against the British Pound (AUD/GBP), the swap rate calculation would take into account the interest rates between Australia and the United Kingdom. Swap rates are applied if the position being held is either long or short.