** How to calculate:**

FX/Metals: pip value* x swap rate in points (converted to account currency). Pip value is calculated in the back ("terms" or "counter") currency.

Example: 0.24 lots AUDUSD (pip value = USD$2.40). Swap rate: 8.34.

Calculation: USD$2.40 (pip value) X 0.834 (swap rate) = USD$2.00 (rounded from USD$2.0016)

CFD: lot size x swap rate (charged in underlying product currency)

Example: NAS100, long swap = -0.89

Calculation: 1 lot X 0.89 = USD89 cents

Crypto: lots x contract Size x end of day price x swap long or short % / 100 / 360

Example: BTCUSD, end of day price USD10,000. Swap = -30.98

Calculation: 0.5 lots x 1 x 10,000 USD x -30.98 / 100 / 360 = -4.30 USD

Note RE Crypto: 360 is not a typo for total days per year, it is the standard. Crypto is divided by 100 to achieve a decimal.

***Calculating Pip value**

Pip value calculation (priced in the terms/back currency) = contract size X position size X price change (FX: 0.00010).

To find Contract Size (MT4): right click any product in Market Watch, then select Specification. See "Contract Size."

E.g.

All FX: 100,000 (units per lot) X position size X pips (0.00010)

All Equity index: 1 (contract per lot) X position size X price change

Energy/Oils: 1000 (contracts per lot) X position size X price change

XAUUSD: 100 (ounces per lot) X position size X price change, etc.