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What Are Swap Fees?

How overnight swap fees apply to Forex accounts and differ from Futures trading costs.

Swap is an overnight financing charge associated with certain Forex and CFD positions. FTUK has removed swap fees from instruments on TradeLocker, MetaTrader 5 and Match-Trader.

Swap does not apply to Futures contracts in the same way. Futures trading can instead include platform, exchange or other trading costs, which are shown through the relevant platform and apply to the account’s applicable risk calculations.

Always check the trading costs and programme rules for your selected account before placing a trade.

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