Spot Foreign Exchange (“Forex”) and Metals trades are settled two business days from the entry date. As trading through INFINOX does not involve physical delivery, all trades left open at the end of a trading day GMT +3 (23:59:59 Platform Time) will be rolled over to a new value date and as such will have exposure to a swap charge or credit.
INFINOXswap rates are calculated using a consensus of our up-stream liquidity partners and may be adjusted both positively and negatively in the interest of competitiveness and/or local costs.
Swap rates for individual currency pairs and metal contracts can be viewed by referring to your MT4 ONE Terminal, right click on Market Watch, left click on Symbols followed by Properties. Rates shown are expressed in ‘points’ where 1.0 point is equal to one tenth of 1 Pip.