Every position held past the 5pm New York rollover accrues a swap — a credit if you're on the higher-yielding side, a cost otherwise. This free forex swap calculator gives you the exact dollar figure using your broker's swap rates so you know what your overnight and multi-day forex or XAUUSD positions actually cost, before you're surprised on the account statement.
Forex Swap Calculator is part of the free Aurex Trader calculator suite — 23 browser-based tools for gold (XAUUSD) and forex traders. Nothing is installed, no account is required, and every calculation runs locally in your browser.
Formula: Swap per Night = Lot Size × Swap Points × (Pip Value ÷ 10) | Total = Swap per Night × Nights Example: 1 lot XAUUSD long with a −7.5 swap for 3 nights: 1 × −7.5 × 1 = −$7.50 per night × 3 = −$22.50 total.
Swap (also called rollover) is the interest paid or earned for holding a leveraged position past the daily 5pm New York cutoff. It reflects the interest-rate difference between the two currencies in the pair. XAUUSD swaps are usually negative for both directions because gold doesn't earn interest.
Because Wednesday's rollover covers Wed→Thu, Thu→Fri, and Fri→Sat/Sun (weekend). Spot FX settles T+2, so the Saturday and Sunday days are packed into Wednesday's swap. Any position open through Wed 5pm NY pays 3x swap.
In MT4/MT5: right-click the symbol in Market Watch → Specification → 'Swap Long' and 'Swap Short' values. Or check your broker's contract specification page. Values are in points — plug them directly into this calculator.
Yes — use a swap-free (Islamic) account, close positions before 5pm NY daily, or trade a pair/direction where your side receives positive swap. Swap-free accounts often charge a fixed daily commission after N days to compensate the broker.
Almost always yes, in both directions. Gold has no yield, so brokers charge a small carry cost on both long and short positions to cover the financing. That's why short-term XAUUSD scalpers avoid overnight holds.