We would like to inform you that some products will be implemented the new market Swap policy on 7th January, 2019. For details, please see the below table.
|Products||Current Swap Policy||Current Charging Swap Method|
|Forex||Long/Short both side negative value||In Percentage %|
|Metals||Long/Short both side negative value||In Percentage %|
|Indices||Long/Short both side negative value||In Percentage %|
|Products||New Swap Policy||New Charging Swap Method|
|Forex||By market positive/negative value||In Points|
|Metals||By market positive/negative value||In Points|
|Indices||By market positive/negative value||In Points|
New Swap Calculation method: 1 Point value of Product X Swap Point x Lots x Contract Size x Days
1 Point value of product= 0.00001USD
Long position Swap Point = -8.50
Long position swap= 0.00001USD X -8.50 X1X 100000 X1
Long position swap= -8.50USD
1 Point value of product= 0.001JPY
Long position Swap Point = 5.50
Long position swap= 0.001JPY X 5.50 X1X 100000 X1
Long position swap= 550JPY
1. If the market swap is negative, clients need to pay swap. If the market swap is positive, clients receive swap
2. If the base currency of trading account is USD, the swap will convert to USD automatically when the system charge or pay swap.
3. The market swap rate will be updated regularly every week (or every day). For details, please refer to “Specification” of MT4 platform. The final swap rate will be subject to the MT4 trading platform.
Please feel free to contact us if you have any questions.