How do I use the swap point comparison on Myforex?

How do I use the swap point comparison on Myforex?

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Our swap point comparison tool allows you to check the swaps of long and short positions for all instruments offered by brokers. Data is calculated on a daily, weekly, or monthly basis, in points or currency (JPY, USD, or EUR). See below for how to use this tool.

Step 1

Click (1) "Use tools" shown at the top of Myforex website > (2) "Swap point comparison".

From three lines at the top left of Myforex website, tap (1) "Use tools" > (2) "Swap point comparison".

Swap point comparison
Swap point comparison
knowledge Knowledge

A swap is a difference in the interest rates of the currencies to be traded. For example, the USDJPY swap is based on the difference in interest rates of USD and JPY. Swaps are either paid or earned. Typically, you will be charged when you hold a short (sell) position in the currency with the higher interest rate, and credited when you hold a long (buy) position in the currency with the higher interest rate.

Step 2

Choose a symbol. For CFDs, click (1) Advanced search and (2) CFD as a financial instrument. Choose a (3) category to show its list of products in the Symbol section.

Choose a symbol. For CFDs, tap (1) Advanced search and (2) CFD as a financial instrument. Choose a (3) category to show its list of products in the Symbol section.

Symbol category
Symbol category

Step 3

Choose an aggregation period from day, week, or month. Choose a data unit. For Currency, choose a specific currency as well.

Data unit
Data unit

Step 4

Choose a period and sorting order.

Display settings
Display settings

Step 5

Swaps are displayed in the selected order for the specified period.

Swap list
Swap list
point Tip

Click the Broker, Short, or Long arrows to sort the data in ascending/descending order.

Tap the Broker, Short, or Long arrows to sort the data in ascending/descending order.

Swap ordering
Swap ordering
knowledge Knowledge

A short is a transaction in which the trader holds a sell position with the expectation that the rate will fall in the future. A long is a transaction in which the trader holds a buy position with the expectation that the rate will rise in the future.


作成日

Created

2023.11.15

最終更新

Last updated

2026.02.13

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