{"version":"1.0","provider_name":"For overseas forex cashback services, try Money Charger","provider_url":"https://money-charger.com/en/","author_name":"admin","author_url":"https://money-charger.com/en/author/admin/","title":"HFM Swap Complete Guide | Complete Explanation Including Swap-Free Instruments and Calculation Methods - Money Charger (Overseas FX Cashback Service)","type":"rich","width":600,"height":338,"html":"<blockquote class=\"wp-embedded-content\" data-secret=\"pSo3dPZj1m\"><a href=\"https://money-charger.com/en/information/hfm-swap/\">A Complete Guide to HFM Swaps | Including Swap-Free Stocks and Calculation Methods</a></blockquote><iframe sandbox=\"allow-scripts\" security=\"restricted\" src=\"https://money-charger.com/en/information/hfm-swap/embed/#?secret=pSo3dPZj1m\" width=\"600\" height=\"338\" title=\"&amp;quot;Complete Guide to HFM Swaps | Including Swap-Free Eligible Instruments and Calculation Methods&amp;quot; &#x2014; Money Charger (Overseas Forex Cashback Service)\" data-secret=\"pSo3dPZj1m\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\" class=\"wp-embedded-content\"></iframe><script type=\"text/javascript\">\n/* <![CDATA[ */\n/*! This file is auto-generated */\n!function(d,l){\"use strict\";l.querySelector&&d.addEventListener&&\"undefined\"!=typeof URL&&(d.wp=d.wp||{},d.wp.receiveEmbedMessage||(d.wp.receiveEmbedMessage=function(e){var t=e.data;if((t||t.secret||t.message||t.value)&&!/[^a-zA-Z0-9]/.test(t.secret)){for(var s,r,n,a=l.querySelectorAll('iframe[data-secret=\"'+t.secret+'\"]'),o=l.querySelectorAll('blockquote[data-secret=\"'+t.secret+'\"]'),c=new RegExp(\"^https?:$\",\"i\"),i=0;i<o.length;i++)o[i].style.display=\"none\";for(i=0;i<a.length;i++)s=a[i],e.source===s.contentWindow&&(s.removeAttribute(\"style\"),\"height\"===t.message?(1e3<(r=parseInt(t.value,10))?r=1e3:~~r<200&&(r=200),s.height=r):\"link\"===t.message&&(r=new URL(s.getAttribute(\"src\")),n=new URL(t.value),c.test(n.protocol))&&n.host===r.host&&l.activeElement===s&&(d.top.location.href=t.value))}},d.addEventListener(\"message\",d.wp.receiveEmbedMessage,!1),l.addEventListener(\"DOMContentLoaded\",function(){for(var e,t,s=l.querySelectorAll(\"iframe.wp-embedded-content\"),r=0;r<s.length;r++)(t=(e=s[r]).getAttribute(\"data-secret\"))||(t=Math.random().toString(36).substring(2,12),e.src+=\"#?secret=\"+t,e.setAttribute(\"data-secret\",t)),e.contentWindow.postMessage({message:\"ready\",secret:t},\"*\")},!1)))}(window,document);\n//# sourceURL=https://money-charger.com/wp-includes/js/wp-embed.min.js\n/* ]]> */\n</script>\n","description":"In FX trading, swap points, which utilize interest rate differences, are a crucial element when considering long-term trading strategies. Especially when using overseas FX brokers, it's necessary to understand the different rules and characteristics compared to domestic brokers. This article explains the basic knowledge of HFM's swap points and HFM's swap rules. We will also explain the features of swap-free options, specific calculation methods, and points to note, so please refer to this information. We have thoroughly investigated HFM's reputation and reviews regarding cases of withdrawal refusals and actual customer feedback. What are Swap Points? Swap points are interest rate adjustments incurred when a position is carried over to the next business day in FX trading. For example, if you hold a position buying a currency with a high interest rate and selling a currency with a low interest rate, you can receive the interest rate difference. 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 interest rate difference. This is called a \"negative swap.\" Swap points are an important element in accumulating profits through long-term holding. Characteristics of HFM's Swap Points HFM's swap points are an important element for traders considering long-term trading strategies. Here, we introduce the following features of HFM's swap points. Please refer to the above information to make the most of swap points. Timing of HFM's Swap Point Granting HFM grants swap points when you carry over a position to the next day. Granting is at 0:00 every day in server time, but varies depending on the season in Japan time. The granting times are as follows. Particular attention should be paid to the time of granting, especially when switching to daylight saving time, as the granting time will be shifted. Timing of Triple HFM Swap Points HFM grants three days' worth of swap points at the end of trading on Wednesday (early Thursday morning in Japan time). This is a measure taken to account for trading holidays on Friday, Saturday, and Sunday. By taking advantage of the timing of triple points, traders with long-term holding strategies can efficiently acquire swap points. However, if you hold a stock with negative swaps, you will have to pay three times the amount, so caution is advised. Features of HFM's Swap-Free HFM's Swap-Free service is a service in which no swap points are incurred even if you carry over a position in a specific stock to the next day. With Swap-Free, even when aiming for profits through long-term holding, you can trade without worrying about losses due to negative swaps. Here, we introduce the following features of HFM's swap-free policy. Please understand the above features to deepen your understanding of swap-free policies. HFM's Swap-Free Eligible Instruments HFM's swap-free policy applies only to specific instruments. The main eligible instruments are as follows. Since the eligible instruments 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 keep track of the swap-free eligible instruments. HFM's Swap-Free Eligibility Period HFM's swap-free policy does not apply indefinitely. HFM's swap-free policy has 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 swaps. After the campaign ends, normal swap points will be incurred, so plan your trading period carefully. HFM's Swap-Free Eligible Account Types HFM's swap-free policy is only available for specific account types. The eligible account types are as follows. It is important to check in advance whether your account type is eligible for swap-free policies. By considering the availability of swap-free policies when opening an account, you can choose the environment that best suits your trading style. Swap Calculation Methods 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 currencies. Here, we will look at the calculation methods for major cross-yen pairs and other pairs. Understanding the above will allow you to anticipate profits and losses in advance and develop a more planned trading strategy. Cross-Yen Swap Calculation Method Cross-yen swap points are calculated using the following formula: Swap Balance = […]"}