Swap or Rollover is the interest added or deducted for holding a position open overnight.
Every forex currency has its own interest rate and therefore each currency pair (for example EUR/USD) has two interest rates associated with it. Invariably, both interest rates will be different and this is how "swap" or "rollover" is either gained or paid.
It is important to remember at all times that you can both gain and lose on swap and, as such, you have either positive rollover or negative rollover. There is a possibility that some instruments may have negative rollover values on both sides, because FxPro charges its own interest, therefore the positive and negative values are decreased accordingly.
In the trading terminal "swap" is automatically converted into the Balance currency. Operation is conducted at 23:59 Server time. From Friday to Monday swap is charged once. From Wednesday to Thursday swap is charged in triple size.
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