• http://www.axi.com/int
  • http://www.axi.com/eu
  • http://www.axi.com/uk
  • http://www.axi.com/au
  • http://www.axi.group/ar-ae
  • http://www.axi.group/en-ae
  • /cn
  • http://www.axi.com/es-mx
  • http://www.axi.com/fr-ma
  • http://www.edge-cn.co/id
  • http://www.axi.com/it-ch
  • http://www.axi.com/kr
  • http://www.axi.com/pt
  • http://www.axi.com/th
  • http://www.axi.com/tw
  • http://www.axi-global.com/vn
  • http://www.axi.com/zh-au
  • http://www.axi.com/jp
  • http://www.axi.com/za
  • http://www.solarisih.com/vu
  • http://www.axi-global.com/chn
Home / Zendesk FAQs / Forex / I received/paid triple the amount of interest I normally would receive/pay

Search

I received/paid triple the amount of interest I normally would receive/pay

For Major currency pairs, positions that are open on Wednesday (AEST) and held overnight, the amount added or subtracted to an account as a result of rolling over a position (swap) is three times the usual amount. For Minor/Exotic currency pairs, the triple swap charge is on Thursday instead. This is due to the markets being closed on weekends and no swap rates being charged during that time. The triple swap is a way to account for the period when the market is closed.

Additional Information

What is Over The Counter (OTC) trading? Can I hold positions over the weekend and major holidays? What is the difference between a Long or Short position in Forex?