Long (USD)
Short (USD)
Formula:
Swap fee = Lot size * Contract size * Swap points, with the result in the quote currency
Example
Deposit currency: EUR
Currency pair: EUR/USD(Base currency is EUR, quote currency is USD)
EUR/USD exchange rate: 1.08950, meaning 1 point = 0.00001
Swap long: 0.15 points
Lot size: 5 (One lot = 100,000 contracts)
Swap fee = 5 ∗ 100,000 ∗ (0.15 ∗ 0.00001) = 0.75 USD
Converted to deposit currency (EUR):
0.75 / 1.08950 = 0.69 EUR