In FX trading, swap points, which utilize interest rate differentials, are a crucial element when considering long-term trading strategies
In particular, when using overseas forex brokers, it is necessary to understand the rules and characteristics that differ from those of domestic brokers
This articleHFMthe basics ofHFM's swap rules.
This article explains the characteristics of swap-free transactions, specific calculation methods, and points to note, so please refer to it.
We have thoroughly investigated HFM's withdrawal refusal cases and actual customer reviews in HFMreputation and reviews section
What are swap points?
Swap points are interest rate adjustments incurred in FX trading when a position is carried over to the next business day
For example, if you hold a position where you buy a currency with a high interest rate and sell a currency with a low interest rate, you can receive the difference in interest rates
This is called a " positive swap ."
Conversely, if you sell a currency with a high interest rate and buy a currency with a low interest rate, you will need to pay the difference in interest rates
This is called a " negative swap ."
Swap points are an important factor in accumulating profits through long-term holding
Characteristics of HFMswap points
HFMswap points are an important factor for traders considering long-term trading strategies
Here, we will introduce the following characteristics ofHFM's swap points
Please refer to the above information to take advantage of swap points
HFMswap point accrual timing
With HFM, swap points are awarded for holding a position overnight
It is granted at midnight every day in server time, but in Japan Standard Time, it varies depending on the season
The granting time is as follows:
<!– wp:acf/title-box { "id": "block_68d0e3d93d527", "name": "acf/title-box", "data": { "block_title-box_title": "<a i=0> HFM Swap Point Grant Time", "_block_title-box_title": "field_63da19afa858c", "block_title-box_text": "- rn t
- Standard time (winter time): 7:00 AM (Japan time)
- In the case of Daylight Saving Time: 6 AM (Japan Standard Time) rn", “_block_title-box_text”: “field_63da19bda858d” }, “align”: “”, “mode”: “auto” } /-->
Particular caution is needed during the transition to daylight saving time, as the time allocated will be different
When HFM's swap points triple
HFMAtswap points for three days are credited at the close of trading on Wednesday (early Thursday morning Japan time).
This measure takes into account the trading holidays on Fridays, Saturdays, and Sundays
By taking advantage of the timing when the price triples, traders employing long-term holding strategies can efficiently earn swap points
However, if you hold securities with negative swap rates, you will be charged three times the amount, so caution is advised
HFM's Swap-Free Features
HFM's swap-free service is a service that allows you to hold positions in certain securities overnight without incurring swap points
Swap-free trading allows you to trade without worrying about losses due to negative swaps, even when aiming for profits through long-term holding
Here, we will introduce the following features regardingHFM's swap-free policy
Please understand the above characteristics to deepen your understanding of swap-free policies
HFMeligible swap-free securities
HFM's swap-free policy applies only to specific securities
The main targets are as follows:
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- Major currency pairs rn t
- Minor currency pairs rn t
- precious metalsrnt
- Stock price index rn t
- Energy rn", "_block_title-box_text": "field_63da19bda858d" }, "align": "", "mode": "auto" } /-->
Since the target stocks change depending on market conditions, be sure to check the latest information on the official website before trading
If you want to develop a more flexible trading strategy without worrying about swap points, be sure to check out swap-free securities
HFMswap-free period
HFM's swap-free policy is not applicable indefinitely
HFM's swap-free policyhas a maximum holding period of 45 days.
By making effective use of this period, you can hold long-term positions without worrying about incurring negative swap fees
Since regular swap points will apply after the campaign ends, plan your trading period carefully
HFMswap-free account types
HFM's swap-free feature is only available for certain account types
The eligible account types are as follows:
<!– wp:acf/title-box { "id": "block_68d0e8103d529", "name": "acf/title-box", "data": { "block_title-box_title": "<a i=0> HFM Swap-Free Account Types", "_block_title-box_title": "field_63da19afa858c", "block_title-box_text": "- rn t
- CENT account rn t
- ZERO account rn t
- PRO accountrn t
- PREMIUM account rn”, “_block_title-box_text”: “field_63da19bda858d” }, “align”: “”, “mode”: “auto” } /–>
It's important to check in advance whether your account type is eligible for swap-free trading
By considering whether or not swap-free options are available when opening an account, you can choose the environment that best suits your trading style
Swap calculation method
Swap points are calculated differently depending on the currency pair or instrument being traded
Basically,swap points are determined by the trading volume and the interest rate difference between the respective currencies.
Here, we'll look at the major cross-currency pairs and other calculation methods
- How to calculate swaps for cross-currency pairs
- Swap calculation methods other than cross-currency pairs
By understanding the above, you can anticipate potential profits and losses in advance and develop a more planned trading strategy
How to calculate swaps for cross-currency pairs
The swap points for cross-currency pairs are calculated using the following formula:
Swap balance = Number of currency units × Number of decimal places × Swap points × Number of lots
An example of an actual calculation is shown below
<!– wp:acf/title-box { "id": "block_68d0a5c23d523", "name": "acf/title-box", "data": { "block_title-box_title": "クロス円のスワップ計算例", "_block_title-box_title": "field_63da19afa858c", "block_title-box_text": "＜条件＞rn- rn t
- Trading USD/JPY in 1 lot rn t
- Swap points 30rn t
- Number of currencies traded: 100,000 currenciesrnt
- Number of decimal places: 3 = 0.001<Calculation>Swap balance = 100,000 units × 0.001 × 30 × 1 lot = approx. $18.75”, “_block_title-box_text”: “field_63da19bda858d” }, “align”: “”, “mode”: “auto” } /->
This formula converts swap points directly into yen, so please feel free to use it
Swap calculation methods other than cross-currency pairs
For currency pairs other than cross-yen pairs (e.g., EUR/USD), you need to be a little careful when calculating swap points
Swap balance = Number of currency units × Number of decimal places × Swap points × Number of lots × Exchange rate of the settlement currency
An example of an actual calculation is shown below
<!– wp:acf/title-box { "id": "block_68d0a67a3d524", "name": "acf/title-box", "data": { "block_title-box_title": "クロス円以外のスワップ計算例", "_block_title-box_title": "field_63da19afa858c", "block_title-box_text": "＜条件＞rn- rn t
- Trading USD/EUR in 1 lot rn t
- Swap points 30rn t
- Number of currencies traded: 100,000 currenciesrnt
- Number of decimal places: 5 = 0.00001rn t
- EUR/JPY exchange rate: 1 EUR = approx. $1.08 <Calculation>Swap balance = 100,000 units × 0.00001 × 30 × 1 lot × 173.5 = approx. $32.53, “_block_title-box_text”: “field_63da19bda858d” }, “align”: “”, “mode”: “auto” } /->
Remember that you will need to convert currencies other than cross-yen currencies to yen
How to check HFMswap points
You can check the swap points for the securities you hold in HFMusing the MT4/MT5 trading platform
Here, we will explain the following verification methods
Before starting a trade or considering long-term holding, make it a habit to check swap points
Holding securities with negative swap rates can lead to high daily costs and potentially result in unexpected losses
How to check on a PC
To checkHFM's swap points on your PC, follow these steps:
<!– wp:acf/title-box { "id": "block_68d0a7db3d525", "name": "acf/title-box", "data": { "block_title-box_title": "PCでの確認手順", "_block_title-box_title": "field_63da19afa858c", "block_title-box_text": "- rn t
- Click the "View" tab in the upper left corner of the MT4/MT5 screen
- Select "Display Quotes" to show a list of stocks on the left side of the screen
- From the list, right-click the stock you want to check and select "Specifications"
- A pop-up window will appear, displaying detailed information about the stock along with the "buy swap" and "sell swap" values
How to check on your smartphone
To checkHFM's swap points using the smartphone app, follow these steps:
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- Launch the MT4/MT5 app and tap "Quotes" in the bottom menu
- Tap the stock you want to check to display the menu
- Select "Settings" from the menu
- Along with information such as spreads and margins, the "buy swap" and "sell swap" values are displayed
List of swap points for each HFMinstrument
Here, we present a list of swap points for each of the followingHFMinstruments
- List of swap points for major currency pairs
- List of swap points for minor currency pairs
- List of commodity swap points
- List of swap points for metals
- List of bond swap points
- List of energy swap points
- List of ETF swap points
- List of swap points for stock indices
- List of swap points for cryptocurrency CFDs
- List of stock swap points
Swap points fluctuate daily, so it's essential to always check the latest information. Please use this as a reference
List of swap points for major currency pairs
Major currency pairs are those that are the most traded in global financial markets, such as the US dollar/Japanese yen (USD/JPY) and the euro/US dollar (EUR/USD)
The swap points for these currency pairs are determined by the difference in policy interest rates set by the central banks of each country
The swap points for major currency pairs are as follows:
currency pair Sell Buy CADCHF -6.7 0.0 CADJPY -10.2 0.0 CHFJPY -2.9 -7.7 EURCAD -2.1 -6.6 EURCHF -9.9 0.0 EURGBP 0.0 -7.5 EURJPY -17.6 0.0 EURUSD 0.0 -10.9 GBPCAD -13.2 0.0 GBPCHF -17.7 0.0 GBPJPY -36.3 0.0 GBPUSD -3.2 -5.0 USDCAD -9.8 0.0 USD CHF -13.5 0.0 USD/JPY -28.2 0.0 Major currency pairs often have high liquidity and narrow spreads, making them attractive to traders considering not only short-term trading but also long-term holding
If you're aiming for positive swaps, the basic strategy is to hold a position where you buy a currency with a high interest rate and sell a currency with a low interest rate
Always check the latest interest rate trends and use them to inform your strategy
List of swap points for minor currency pairs
Minor currency pairs are those with lower trading volume compared to major currency pairs, but they are characterized by the inclusion of many high-interest rate currencies
The swap points for minor currency pairs are as follows:
currency pair Sell Buy AUDCAD -5.8 -0.2 AUDCHF -7.4 0.0 AUDJPY -13.3 0.0 AUDNZD -6.9 -2.9 AUDSGD -8.7 -0.5 AUDUSD -1.7 -3.5 CHFSGD -2.8 -16.6 EURAUD 0.0 -13.0 EURHUF 0.0 -91.1 RNOK -9.4 -118.9 SERNZD 0.0 -10.3 EURPLN 0.0 -54.9 EURSGD -10.4 -6.6 EURZAR 0.0 -431.3 GBPAUD -8.4 -4.8 GBPNZD -12.9 -1.0 GBPSGD -20.9 0.0 GBPZAR 0.0 -425.0 NZDCAD -4.2 -1.7 NZDCHF -6.5 0.0 NZDJPY -11.4 0.0 NZDUSD 0.0 -3.6 SGDJPY -10.5 -1.9 USDCNH -120.5 0.0 USDCZK -12.1 -11.6 USDDKK -79.2 0.0 USDHKD -71.3 -17.9 USDHUF 0.0 -50.5 USDMXN 0.0 -345.8 USDNOK -62.4 -43.5 USDPLN -20.4 -30.4 USDRUB -259.9 -2262.3 freeSEK -108.2 -0.2 USDSGD -16.7 0.0 USDTHB -11.1 -3.8 USDTRY -897.5 -5883.8 USDZAR 0.0 -330.4 ZARJPY -2.3 0.0 Because minor currency pairs tend to experience larger exchange rate fluctuations, it's necessary to consider the risk of incurring exchange rate losses that may outweigh any swap points received
When trading with the aim of earning positive swap points, it is crucial to thoroughly manage leverage and minimize risk
List of commodity swap points
Commodities include energy-related products such as crude oil and natural gas
The swap points for HFMcommodities are as follows:
Brand Sell Buy Micoa 0.0 0.0 Coffee 0.0 0.0 Copper 0.0 0.0 Cotton 0.0 0.0 Sugar 0.0 0.0 Commodity swap points fluctuate due to various factors, including the supply and demand balance of the physical commodity and storage costs
Even when holding positions based on long-term trends, it's important to understand whether the daily swap points are positive or negative
List of swap points for metals
Metals include precious metals such as gold and silver
The swap points for metals in HFMare as follows:
currency pair Sell Buy XAUEUR 0.0 -29.26 XAUUSD 0.0 -57.12 Gold and silver are popular as safe-haven assets, and many traders hold them for the long term
However, since positive and negative swaps are incurred depending on the direction of the position (buy or sell), be sure to check this before starting to trade
List of bond swap points
Bonds refer to bond CFDs, such as government bonds
The swap points for HFMbonds are as follows:
Brand Sell Buy EUBUND.F 0.0 0.0 UKGILT.F 0.0 0.0 US10YR.F 0.0 0.0 Bond swap points fluctuate depending on interest rate levels and economic conditions in each country. A strategy of accumulating swap points by holding bond CFDs of a specific country over the long term is also possible. However, it's important to understand that interest rates fluctuate due to market trends, which can change the amount of swap points
List of energy swap points
Energy stocks include crude oil and natural gas, and these are also eligible for swap points
The energy swap points for HFMare as follows:
Brand Sell Buy UKOIL.S -2.2 0.0 USOIL.S -2.9 0.0 The energy market is characterized by its high price volatility, often influenced by geopolitical risks and OPEC's production policies
If you plan to hold the investment for the long term, be sure to understand not only the potential exchange rate gains but also how much swap points will be generated
List of ETF swap points
At HFM, ETFs from a wide range of sectors are available for trading as CFDs
The swap points for HFM's ETFs are as follows:
Brand Sell Buy IWB 1.57 -9.07 QQQ 1.57 -9.07 SPY 1.57 -9.07 VXUS 1.57 -9.07 XLB 1.57 -9.07 XLE 1.57 -9.07 XLF 1.57 -9.07 XLK 1.57 -9.07 XLP 1.57 -9.07 XLU 1.57 -9.07 XLV 1.57 -9.07 XLY 1.57 -9.07 The swap points of ETFs are influenced by various factors, including dividends and interest rates of the stocks and bonds they hold
One possible strategy is to hold ETFs in a specific sector long-term and accumulate swap points, but you must also consider the possibility of negative swap points when trading
List of swap points for stock indices
Stock market indices, such as the Nikkei 225 and the Dow Jones Industrial Average, are indices that show the movements of major stock markets in various countries
The swap points for HFM's stock index are as follows:
Brand Sell Buy AUS200 0.27 -1.78 FRA40 -0.5 -1.1 GER40 -0.5 -3.38 HK50 0.31 -4.36 JPN225 -2.41 -3.92 NETH25 -0.5 -0.85 SPA35 -0.5 -2.14 SUI20 -0.9 -0.87 UK100 0.35 -2.0 USA100 1.12 -5.53 USA30 2.13 -10.56 USA500.S 0.31 -1.51 iOS50.F 0.0 0.0 FRA40.F 0.0 0.0 GER40.F 0.0 0.0 JP225.F 0.0 0.0 N25.F 0.0 0.0 SUI20.F 0.0 0.0 UK100.F 0.0 0.0 US100.F 0.0 0.0 US30.F 0.0 0.0 US500.F 0.0 0.0 USDIndex -5.5 -8.5 The swap points for stock index CFDs fluctuate depending on the dividends of the underlying stocks and the trends in market interest rates
Even when holding an index with the expectation of long-term growth, it's important to understand how swap points affect your profits
List of swap points for cryptocurrency CFDs
Cryptocurrency CFDs refer to cryptocurrencies such as Bitcoin (BTC) and Ethereum (ETH)
The swap points for HFM's cryptocurrency CFDs are as follows:
Brand Sell Buy #ADAUSD -10.0 -10.0 #BCHUSD -10.0 -10.0 #BNBUSD -10.0 -10.0 #BTCUSD -4.0 -8.0 #DOTUSD -10.0 -10.0 #ETHUSD -4.0 -8.0 #LINKUSD -10.0 -10.0 #LTCUSD -10.0 -10.0 #SOLUSD -10.0 -10.0 #XRPUSD -4.0 -8.0 #AAVEUSD -10.0 -10.0 #AVAXUSD -10.0 -10.0 #FETUSD -10.0 -10.0 #ICPUSD -10.0 -10.0 #NEARUSD -10.0 -10.0 #TRXUSD -10.0 -10.0 #UNIUSD -10.0 -10.0 #XLMUSD -10.0 -10.0 #ALGOUSD -10.0 -10.0 #APTUSD -10.0 -10.0 #ATOMUSD -10.0 -10.0 #CRVUSD -10.0 -10.0 #DOGEUSD -10.0 -10.0 #ETCUSD -10.0 -10.0 #FILUSD -10.0 -10.0 #FLOWUSD -10.0 -10.0 #GALAUSD -10.0 -10.0 #GRTUSD -10.0 -10.0 #HBARUSD -10.0 -10.0 #IMXUSD -10.0 -10.0 #IOTAUSD -10.0 -10.0 #NEOUSD -10.0 -10.0 #SANDUSD -10.0 -10.0 #SHIBUSD -10.0 -10.0 #THETAUSD -10.0 -10.0 #TONUSD -10.0 -10.0 #VETUSD -10.0 -10.0 #XMRUSD -10.0 -10.0 #XTZUSD -10.0 -10.0 #BCHAUD -10.0 -10.0 #BCHCAD -10.0 -10.0 #BCHEUR -10.0 -10.0 #BCHGBP -10.0 -10.0 #BCHJPY -10.0 -10.0 #BCHNZD -10.0 -10.0 #BNBAUD -10.0 -10.0 #BNBCAD -10.0 -10.0 #BNBEUR -10.0 -10.0 #BNBGBP -10.0 -10.0 #BNBJP -10.0 -10.0 #BNBNZD -10.0 -10.0 #BTCAUD -4.0 -8.0 #BTCCAD -4.0 -8.0 #BTCCHF -4.0 -8.0 #BTCEUR -4.0 -8.0 #BTCGpy -4.0 -8.0 #BTCJPY -4.0 -8.0 #BTCLTC -4.0 -8.0 #BTCNZD -4.0 -8.0 #BTCXAG -4.0 -8.0 #BTCXAU -4.0 -8.0 #ETHAUD -4.0 -8.0 #ETHBTC -4.0 -8.0 #ETHCAD -4.0 -8.0 #ETHEUR -4.0 -8.0 #ETHGBP -4.0 -8.0 #ETHJPY -4.0 -8.0 #ETHNZD -4.0 -8.0 #LTCAUD -10.0 -10.0 #LTCCAD -10.0 -10.0 #LTCEUR -10.0 -10.0 #LTCGBP -10.0 -10.0 #LTCJPY -10.0 -10.0 #LTCNZD -10.0 -10.0 #XRPEUR -4.0 -8.0 Cryptocurrency swap points fluctuate more due to factors such as funding costs and market liquidity than to interest rate differentials
Because this is a highly volatile stock, pay attention not only to swap points but also to price fluctuations
List of stock swap points
At HFM, you can trade major stock CFDs from around the world, including US and European stocks
The swap points for HFMstocks are as follows:
Brand Sell Buy Adidas.K 0.15 -7.65 ADOBE 1.57 -9.07 Airbus.K 0.15 -7.65 ALCOA 1.57 -9.07 ALIBABA 1.57 -9.07 Allianz.K 0.15 -7.65 Amazon 1.57 -9.07 AMD 1.57 -9.07 AMEX 1.57 -9.07 ANGLO 1.43 -8.93 APPLE 1.57 -9.07 BARC 1.43 -8.93 Bayer.K 0.15 -7.65 BBVA.K 0.15 -7.65 BMW.K 0.15 -7.65 BNP.K 0.15 -7.65 BOA 1.57 -9.07 BOEING 1.57 -9.07 BOOKING 1.57 -9.07 BPLON 1.43 -8.93 CHEVRON 1.57 -9.07 CISCO 1.57 -9.07 CITI 1.57 -9.07 Coinbase 1.57 -9.07 COKE 1.57 -9.07 Continent.K 0.15 -7.65 Danone.K 0.15 -7.65 Dbank.K 0.15 -7.65 DEVON 1.57 -9.07 DISNEY 1.57 -9.07 eBay 1.57 -9.07 EXXON 1.57 -9.07 FORD 1.57 -9.07 GE 1.57 -9.07 GOOGLE 1.57 -9.07 GS 1.57 -9.07 Hermes.K 0.15 -7.65 HLT 1.57 -9.07 HSBCL 1.43 -8.93 Iberdrola.K 0.15 -7.65 IBM 1.57 -9.07 ICAG 1.43 -8.93 ILMN 1.57 -9.07 Infineon.K 0.15 -7.65 INTEL 1.57 -9.07 JNJ 1.57 -9.07 JPMORGAN 1.57 -9.07 Kering.K 0.15 -7.65 LAM 1.57 -9.07 LLOY 1.43 -8.93 Lufthansa.K 0.15 -7.65 LVMH.K 0.15 -7.65 Mapfre.K 0.15 -7.65 MCARD 1.57 -9.07 MCDON 1.57 -9.07 Mercedes.K 0.15 -7.65 META 1.57 -9.07 MICROCHIP 1.57 -9.07 MICRON 1.57 -9.07 MODERNA 1.57 -9.07 MSFT 1.57 -9.07 Natasia 1.43 -8.93 Netflix 1.57 -9.07 NIKE 1.57 -9.07 NVIDIA 1.57 -9.07 PAYPAL 1.57 -9.07 PEPSI 1.57 -9.07 PFIZER 1.57 -9.07 QCOM 1.57 -9.07 Renault.K 0.15 -7.65 RIO 1.43 -8.93 RollsRoyce 1.43 -8.93 SALESFORCE 1.57 -9.07 Santander.K 0.15 -7.65 SAP.K 0.15 -7.65 Siemens.K 0.15 -7.65 STARBUCKS 1.57 -9.07 Telefon.K 0.15 -7.65 TESCO 1.43 -8.93 Tesla 1.57 -9.07 TEVA 1.57 -9.07 Total.K 0.15 -7.65 Uber 1.57 -9.07 VINFAST 1.57 -9.07 VISA 1.57 -9.07 VOD 1.43 -8.93 Volksw.K 0.15 -7.65 WALMART 1.57 -9.07 Zalando.K 0.15 -7.65 Stock swap points are primarily influenced by dividends and funding costs
Some stocks offer the potential for positive swaps equivalent to dividends when held long-term, while others incur negative swaps
Points to note regarding HFMswap points
When trading with HFMwhile considering swap points, you need to understand the following points
By understanding the above points in advance, you can avoid unexpected losses and problems and conduct safer transactions
Swap points fluctuate in HFM
HFMswap points are not fixed and fluctuate daily depending on each country's interest rate policies, market liquidity, and economic conditions
Therefore, the swap points you checked yesterday may not be the same amount today
In particular, swap points may fluctuate significantly after monetary policy meetings in various countries or the release of important economic indicators, so caution is advised
If you intend to hold the investment for the long term, always check the latest information and manage your risks
HFMhas a swap-free period
HFM's swap-free policy is not applicable indefinitely
HFM's swap-free policyhas a maximum holding period of 45 days.
Once the period ends, normal swap points will be incurred, and long-term held positions may end up with negative swap points
Make the most of the swap-free period and develop your trading strategy while also considering the risks after it ends
Swap points cannot be withdrawn on their own
Swap points earned in HFMtrading account cannot be withdrawn on their own
Swap points are added to the effective margin of your trading account, so if you wish to withdraw them,you must withdraw the entire amount of funds in your account.
This is because swap points are treated as part of the "earnings."
It's important to understand that even if you accumulate swap points, this will be reflected in the effective margin of your account
Frequently Asked Questions about HFMSwaps
We have compiled the following frequently asked questions and answers regarding HFM's swap points
- Are there any HFMaccounts that offer swap-free options?
- What is the swap point for 1 million units of currency?
- Why do swap points sometimes triple?
- Does the swap-free policy vary depending on the account type at HFM?
Please use this information to help you choose the right account and securities to suit your own trading style
<!– wp:acf/faqblock { "id": "block_68d0f4dc3d52c", "name": "acf/faqblock", "data": { "faqrepeat_0_title": "HFMoffers swap-free accounts. The swap-free accounts are as follows: rn- rn t
- CENT account rn t
- ZERO account rn t
- PRO accountrn t
- When opening a PREMIUM account, make sure to check if the swap-free securities you want to trade are included. It is important to consider in advance whether it suits your own trading style
What is the swap point for 1 million units of currency?
The swap points for 1 million units of currency (10 lots) fluctuate depending on the currency pair, instrument, and market conditions of the day. To find out the exact amount, check the swap points published in real time onHFMofficial website or check them using the MT4/MT5 trading tool. Swap points are constantly fluctuating due to changes in market interest rates and liquidity, so regular checks are necessary
Why do swap points sometimes triple?
The triple swap points are primarily a measure to account for weekend trading holidays.HFMawards swap points for three days, including Saturday and Sunday's trading holidays, in a lump sum from Wednesday to Thursday Japan time. Traders employing long-term holding strategies can efficiently earn swap points by taking advantage of this triple-point day. However, caution is advised, as holding securities with negative swap points will result in triple the payment
Does the swap-free policy vary depending on the account type at HFM?
At HFM, the details of swap-free trading do not change depending on the account type. However, the account must be eligible for swap-free trading. Before opening an account, please check whether the account type you intend to use is eligible for swap-free trading
[Summary]HFMswap
With HFM, swap points are generated by carrying over positions to the next day, and by taking advantage of Wednesday's triple-swap day, it is possible to accumulate profits efficiently
Furthermore, by utilizing the swap-free service offered for a limited time, you can develop a long-term holding strategy without worrying about costs
However, it's important to note that swap points are constantly fluctuating, and swap-free options also have limitations on the duration and eligible securities
Understand the calculation methods, verification methods, and points to note explained in this article, andthat suits your own trading styleHFMfind a way to use
