What is carry trade?Carry Trade

Buying a high-interest currency and selling a low-interest one to earn the rate gap, though an adverse exchange rate move can far outweigh the interest.

Learn “carry trade” in an animated lesson

Forex Basics
Overnight Swap
A forex position held overnight earns or pays interest. It's set by the interest rate gap between the two currencies, the platform adds a markup, and Wednesday night counts three days.

Related terms

lot
swap (rollover)
triple swap

See how “carry trade” works for yourself with an animation you can drag and play.

Go to “Overnight Swap”