What are the rules for swap points in FX currency pair trading in HFM and hotforex accounts? For long-term traders, swap points are sure to be a major concern. We will introduce everything from swap points to calculation methods, so we hope you will find it useful.
HFM features and functions
The functions and features of HFM are as follows. It is quite comprehensive compared to overseas FX brokers such as FXGT, XM, Axiory, BigBoss, and IForex. The support is solid and responses are quick. There is also a loss cut limit, and even if you make a loss, it will be automatically settled. Both trading, scalping, and automatic trading tools (EA) are also OK. There are also account types with narrow pips width. Swap points will occur if you cross the day with plus.
There are also many minor currencies
According to the information on the official website, HFM also offers minor currencies such as Turkish Lira, South African Rand, and Mexican Peso. You may not be able to make much profit by shorting, but since the maximum leverage is 2000x, you can accumulate lots and positions, so it is easy to make profits whether you sell or buy. No contract rejection or slippage will occur.
There are many major currencies
Of course, there are also many major currencies. EURUSD, USDJPY, and GBPUSD are the most popular investments, but they can all be traded on HFM. Details are also listed on the official website, and there are many other campaigns and bonuses, and if your account balance becomes negative, a zero cut will be taken. Investors can use MT4 and MT5, and can set quotes and chart settings themselves.
Granting time of swap points
In HFM, the granting time of swap points is fixed. It changes depending on summer time or winter time. The timing of changing from summer time to winter time is from October 25th to October 31st, and the timing of changing from winter time to summer time is from March 25th to March 31st.
| Japan Time | |
| Summer Time | 06:55～07:05 |
| Winter Time | 05:55～06:05 |
Swap Point Wednesday Rule
Swap points are not given on Saturdays and Sundays. Points are tripled on Wednesdays.
| Mon | 1 day point |
| Tue | 1 day point |
| Wed | 3 day point |
| Thu | 1 day point |
| Fri | 1 day point |
| Sat | – |
| Sun | – |
Swap point calculation method
The swap calculation method can be calculated as follows.
Cross Yen Swap Calculation Method = Number of Transactions (Currency) x 0.001 x Swap Points
Swap calculation method for other currencies = (0.00001 ÷ exchange rate) x number of transactions (currency) x swap points x target yen rate
Source : HFM
Withdrawal of swap points only
HFM has rules and you cannot withdraw only swap points. Swap points cannot be withdrawn unless the currency pair is settled, so they are treated like bonuses.
Swap point list
Here is a summary of the main swap point calculation tables for major FX currency pairs. You can make new trades from the platform using your margin. Even beginners can trade immediately as long as they have the right environment. Many existing professionals who have started using it for investment purposes also use it. You can invest in a variety of stocks in total. You can aim for royalties. With high specifications such as ECN, you can earn large profits.
| Buy Swap | Sell Swap | |
| USD/JPY | 9.1 | -24.1 |
| EUR/JPY | 7.2 | -16.8 |
| GBP/JPY | 12.3 | -23.7 |
| CAD/JPY | 8.1 | -15.5 |
| EUR/USD | -7.9 | 1 |
| GBP/USD | -6.5 | 0.1 |
| USD/CAD | -3.7 | -4.4 |
| EUR/GBP | -6.1 | 0.9 |
| AUD/JPY | 4.1 | -12.5 |
| AUD/USD | -5.4 | 0.1 |
| EUR/AUD | -8.9 | -1.7 |
| GBP/AUD | -2.4 | -7.2 |
virtual currency
| Buy Swap | Sell Swap | |
| BTCUSD | -6000 | -6000 |
| BTCJPY | -700 | -700 |
| BTCEUR | -6000 | -5000 |
| BTCAUD | -7000 | -7000 |
| ETHUSD | -2000 | -1000 |
| LTCUSD | -2000 | -1000 |
| LTCEUR | -2000 | -1000 |
| BNBUSD | -30 | -30 |
| ETCUSD | -25 | -25 |
| OMGUSD | -5 | -5 |
| NEOUSD | -5 | -5 |
| XTZUSD | -5 | -5 |
precious metal
| Buy Swap | Sell Swap | |
| XAUUSD | -31.59 | 0 |
| XAUEUR | -18.4 | 0 |
| XAGUSD | -1.84 | 0 |
| XAGEUR | -1.14 | 0 |
| Platinum | -1.5 | -0.5 |
| Palladium | -1.61 | -0.54 |
energy
| Buy Swap | Sell Swap | |
| UKOIL | 0 | -0.87 |
| USOIL | 0 | -0.87 |
| UKOIL.S | -0.3 | -1.45 |
| USOIL.S | 0.48 | -1.05 |
commodity
| Buy Swap | Sell Swap | |
| COCOA | -1.58 | -0.5 |
| COFFE | -1.58 | -0.51 |
| Copper | -1.58 | -0.53 |
| Cotton | -3.3 | -1.0 |
| Sugar | -0.39 | -0.13 |
Swap point calculator
The swap point calculation tool is on the HFM homepage, so please take advantage of it. Select a trading tool from the tools on the official page.
Source : HFM
Select the swap point calculator.
Swap points can be calculated by entering the base currency, brand, currency pair, and quantity in the account.
Open an account for free
You can open an account with HFM for free. Since it is free to open, there is absolutely no risk. If you are interested, try opening an account. If you can hold swaps free, it is advantageous in terms of fees, so it is a good idea to check. It is ranked high and can trade US dollars and euros, making it a top company among brokers. You can easily open an account from our homepage.
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