When trading spot Foreign Exchange (Forex trading), all Forex trades will settle two business days from date of entry, as per market convention.
Cash Indices and Commodities will settle at the end each business day (server time 00:00).
VT Markets is not involved in the physical delivery of trades, thus all positions left open at the end of the trading day will be rolled over to a new value date and will therefore have exposure to a swap charge or credit.
Please note: For Forex trades held open from Wednesday to Thursday as per server time, the new value date becomes Monday, rather than the weekend. This means the rollover charge on a Wednesday evening will be three times the usual value indicated on the table.
As cash indices and commodities are same day settlement, holding trades over the weekend from Friday to Monday will carry three times the usual value as it accrues the three days of swap.
Also please note there is no overnight swap on Crude oil as they are directly derived from the Futures contract.
Forex Swap rates are affected by market conditions and the interest rate of the affiliated countries of the chosen Forex currency pair.
The daily released rates are calculated by our financial institutional partners using risk-management analysis.
Each Forex currency pair has its own Forex swap charge. Interest is paid on currency sold and received on currency bought.
For the most up-to-date Forex swap rates, please refer to the Market Watch panel in our MetaTrader 4 (MT4) platform.
Simply follow the steps outlined below:
Locate your product in the ‘Market Watch’ window. Right click, and select ‘Symbols’.
Select the product you wish to view from the list. Select ‘Specifications’.
Here you can view the Forex swap rates for both long and short positions.
Copyright © 2022 VT Markets. All rights reserved.
Trading Forex and CFDs carries the risk of losing substantially more than your initial investment and should only be traded with money you can afford to lose. You don't own or have any rights to the assets that underly the derivatives (e.g. the right to receive dividend payments). Ensure you fully understand the risks involved. Trading leveraged products may not be suitable for all investors. Before trading, please take into consideration your level of experience, investment objectives and seek independent financial advice if necessary. Please consider our legal documents and ensure that you fully understand the risks before you make any trading decisions.
The information in this website is of a general nature only and any advice has been prepared without taking account of your objectives, financial situation or needs. Accordingly, before acting on the advice, you should consider the appropriateness of any advice having regard to your objectives, financial situation and needs, and after considering the legal documents.
The information or services described in this website is not directed at or offered to residents of North Korea, United States and some other regions or any other person in any jurisdiction where such distribution or use would be contrary to local laws or regulations. For more information please contact our support.
While the Authority has granted a securities investment business licence to the Licensee, the Authority does not endorse or vouch for the merits of the products offered by the Licensee.
VT Markets is a brand name of Vantage International Group Limited, authorised and regulated by the Cayman Islands Monetary Authority (CIMA), Securities Investment Business Law (SIBL) number 1383491 and is registered at Artemis House, 67 Fort St, PO Box 2775, Grand Cayman KY1-1111.
Vigglobal Holding Cy Ltd, registered in Cyprus with registration number HE428969 and registered address Gladstonos & Filokyprou, 120, Foloune House, 5th Floor, Flat/Office E2, 3032, Limassol, Cyprus is acting as a payment agent to Vantage International Group Limited for the purpose of facilitating payment services to Vantage International Group Limited.
VT Markets is a brand name of VT Markets LLC, authorised by Financial Services Authority – St. Vincent & the Grenadines (SVGFSA) and is registered at First Floor, First St Vincent Bank Ltd Building, James Street, Kingstown, St. Vincent and the Grenadines.
For clients who onboarded via vtmarkets.com,
VT Markets | SIBL no. 1383491, email [email protected].
VT Markets is a brand name of Vantage Global Prime Pty Ltd, regulated by the Australian Securities and Investments Commission (ASIC), AFSL no. 428901 and is located at level 29, 31 Market St, Sydney, New South Wales, 2000, Australia.
For clients who onboarded via vtmarkets.com.au,
VT Markets | AFSL no. 428901, email [email protected].