How is the swap fee calculated?
Swap fees can be calculated based on the swap type being applied. Here are three common methods:
i. In points: swap x contract size x 10^(-digit) x lot x holding days
ii. In currency: swap x lot x holding days
iii. In percentage: swap / 100 / 360 x EOD* price x contract size x lot x holding days
*EOD price: Yesterday's average close price, which is (Ask+Bid Price) / 2