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Home / Zendesk FAQs / Forex / I received/paid triple the amount of interest I normally would receive/pay

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

Please be aware that major forex pairs are charged triple (3x swaps) on Wednesday. For 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. 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. Please kindly be informed that the triple swap for Minor/Exotic currency pairs happens on Thursday.

For more information, you can check our Help Center or our Product Schedule.

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?