{"id":3433,"date":"2020-03-24T09:57:40","date_gmt":"2020-03-24T09:57:40","guid":{"rendered":"https:\/\/errante-global.com\/?post_type=faq&#038;p=3433"},"modified":"2020-03-24T09:57:41","modified_gmt":"2020-03-24T09:57:41","slug":"how-do-i-calculate-swaps-in-currency-pairs-in-forex-and-for-gold-silver","status":"publish","type":"faq","link":"https:\/\/errante-global.com\/faq\/how-do-i-calculate-swaps-in-currency-pairs-in-forex-and-for-gold-silver\/","title":{"rendered":"HOW DO I CALCULATE SWAPS IN CURRENCY PAIRS (IN FOREX) AND FOR GOLD\/SILVER?"},"content":{"rendered":"\n<p>The swap formula for all forex instruments, including gold and silver,\nis the following:<\/p>\n\n\n\n<p><strong>lots * long or short positions * point size<\/strong><\/p>\n\n\n\n<p><strong>Here is an example for EUR\/USD:<\/strong><\/p>\n\n\n\n<p>The client base currency is USD.<br>\n1 lot buy of EUR\/USD.<br>\nLong position = -3.68<br>\nIt is a buy position, therefore the system will take the swap rate for the long\nposition, which currently is -3.68.<br>\nThe point size = contract size of a symbol * minimum price fluctuation.<br>\nThe EUR\/USD point size = 100 000 * 0.00001 = 1.<br>\nIf we apply the given numbers in the formula, it will be 1 * (-3.68) * 1 =\n-3.68 USD.<br>\nThis means that 1 lot buy EUR\/USD, if the position is left overnight, the swap\ncalculation for the client will be -3.68 USD.<\/p>\n\n\n\n<p><strong>Here is an example for gold:<\/strong><\/p>\n\n\n\n<p>The client base currency is USD.<br>\n1 lot buy of Gold.<br>\nLong position = -2.17<br>\nIt is a buy position, therefore the system will take the long points, which\ncurrently is -2.17.<br>\nThe point size = contract size of a symbol * minimum price fluctuation<br>\nThe Gold point size = 100 * 0.01 = 1<br>\nIf we apply the given numbers in the formula, it will be 1 * (-2.17) * 1 =\n-2.17 USD.<br>\nSo for 1 lot buy gold, if the position is left overnight, the swap calculation\nfor the client will be -2.17 USD.<\/p>\n\n\n\n<p>Please note that if the deposit currency of the trading account is in\nEUR (like in the examples above), the swap calculation will be converted from\nUSD to EUR. The result of the swap calculation is always the secondary currency\nin a symbol, and the system converts it to the base currency of the trading\naccount.<\/p>\n\n\n\n<p>The examples provided only serve as a guide and do not reflect the\ncurrent charges.<\/p>\n","protected":false},"template":"single.php","faq-category":[141],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>HOW DO I CALCULATE SWAPS IN CURRENCY PAIRS (IN FOREX) AND FOR GOLD\/SILVER? - Errante<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"HOW DO I CALCULATE SWAPS IN CURRENCY PAIRS (IN FOREX) AND FOR GOLD\/SILVER? - Errante\" \/>\n<meta property=\"og:description\" content=\"The swap formula for all forex instruments, including gold and silver, is the following: lots * long or short positions * point size Here is an example for EUR\/USD: The client base currency is USD. 1 lot buy of EUR\/USD. Long position = -3.68 It is a buy position, therefore the system will take the [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/errante-global.com\/en\/faq\/how-do-i-calculate-swaps-in-currency-pairs-in-forex-and-for-gold-silver\/\" \/>\n<meta property=\"og:site_name\" content=\"Errante\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/erranteglobal\/\" \/>\n<meta property=\"article:modified_time\" content=\"2020-03-24T09:57:41+00:00\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:site\" content=\"@errante_global\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/errante-global.com\/en\/faq\/how-do-i-calculate-swaps-in-currency-pairs-in-forex-and-for-gold-silver\/\",\"url\":\"https:\/\/errante-global.com\/en\/faq\/how-do-i-calculate-swaps-in-currency-pairs-in-forex-and-for-gold-silver\/\",\"name\":\"HOW DO I CALCULATE SWAPS IN CURRENCY PAIRS (IN FOREX) AND FOR GOLD\/SILVER? - Errante\",\"isPartOf\":{\"@id\":\"https:\/\/errante-global.com\/#website\"},\"datePublished\":\"2020-03-24T09:57:40+00:00\",\"dateModified\":\"2020-03-24T09:57:41+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/errante-global.com\/en\/faq\/how-do-i-calculate-swaps-in-currency-pairs-in-forex-and-for-gold-silver\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/errante-global.com\/en\/faq\/how-do-i-calculate-swaps-in-currency-pairs-in-forex-and-for-gold-silver\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/errante-global.com\/en\/faq\/how-do-i-calculate-swaps-in-currency-pairs-in-forex-and-for-gold-silver\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/errante-global.com\/en\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"FAQs\",\"item\":\"https:\/\/errante-global.com\/en\/faq\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"HOW DO I CALCULATE SWAPS IN CURRENCY PAIRS (IN FOREX) AND FOR GOLD\/SILVER?\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/errante-global.com\/#website\",\"url\":\"https:\/\/errante-global.com\/\",\"name\":\"Errante\",\"description\":\"Trading Made Personal\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/errante-global.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"HOW DO I CALCULATE SWAPS IN CURRENCY PAIRS (IN FOREX) AND FOR GOLD\/SILVER? - Errante","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"og_locale":"en_US","og_type":"article","og_title":"HOW DO I CALCULATE SWAPS IN CURRENCY PAIRS (IN FOREX) AND FOR GOLD\/SILVER? - Errante","og_description":"The swap formula for all forex instruments, including gold and silver, is the following: lots * long or short positions * point size Here is an example for EUR\/USD: The client base currency is USD. 1 lot buy of EUR\/USD. Long position = -3.68 It is a buy position, therefore the system will take the [&hellip;]","og_url":"https:\/\/errante-global.com\/en\/faq\/how-do-i-calculate-swaps-in-currency-pairs-in-forex-and-for-gold-silver\/","og_site_name":"Errante","article_publisher":"https:\/\/www.facebook.com\/erranteglobal\/","article_modified_time":"2020-03-24T09:57:41+00:00","twitter_card":"summary_large_image","twitter_site":"@errante_global","twitter_misc":{"Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/errante-global.com\/en\/faq\/how-do-i-calculate-swaps-in-currency-pairs-in-forex-and-for-gold-silver\/","url":"https:\/\/errante-global.com\/en\/faq\/how-do-i-calculate-swaps-in-currency-pairs-in-forex-and-for-gold-silver\/","name":"HOW DO I CALCULATE SWAPS IN CURRENCY PAIRS (IN FOREX) AND FOR GOLD\/SILVER? - Errante","isPartOf":{"@id":"https:\/\/errante-global.com\/#website"},"datePublished":"2020-03-24T09:57:40+00:00","dateModified":"2020-03-24T09:57:41+00:00","breadcrumb":{"@id":"https:\/\/errante-global.com\/en\/faq\/how-do-i-calculate-swaps-in-currency-pairs-in-forex-and-for-gold-silver\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/errante-global.com\/en\/faq\/how-do-i-calculate-swaps-in-currency-pairs-in-forex-and-for-gold-silver\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/errante-global.com\/en\/faq\/how-do-i-calculate-swaps-in-currency-pairs-in-forex-and-for-gold-silver\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/errante-global.com\/en\/"},{"@type":"ListItem","position":2,"name":"FAQs","item":"https:\/\/errante-global.com\/en\/faq\/"},{"@type":"ListItem","position":3,"name":"HOW DO I CALCULATE SWAPS IN CURRENCY PAIRS (IN FOREX) AND FOR GOLD\/SILVER?"}]},{"@type":"WebSite","@id":"https:\/\/errante-global.com\/#website","url":"https:\/\/errante-global.com\/","name":"Errante","description":"Trading Made Personal","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/errante-global.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"}]}},"_links":{"self":[{"href":"https:\/\/errante-global.com\/wp-json\/wp\/v2\/faq\/3433"}],"collection":[{"href":"https:\/\/errante-global.com\/wp-json\/wp\/v2\/faq"}],"about":[{"href":"https:\/\/errante-global.com\/wp-json\/wp\/v2\/types\/faq"}],"wp:attachment":[{"href":"https:\/\/errante-global.com\/wp-json\/wp\/v2\/media?parent=3433"}],"wp:term":[{"taxonomy":"faq-category","embeddable":true,"href":"https:\/\/errante-global.com\/wp-json\/wp\/v2\/faq-category?post=3433"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}