BigBoss: This article will explain the calculation of FX swap points for currency trading and other lists. It is better to know the swap points no matter where you are trading. If you are mainly doing swing trading rather than day trading, it is definitely worth knowing about them.
- What are BigBoss swap points?
- How BigBoss Calculates Swap Points
- Swap Point Allocation Timing
- Complete List of Swap Points for Major Currency Pairs
- Full Swap Point List for Precious Metals and Energy
- List of All Cryptocurrency Swap Points
- List of All Swap Points for Stock Indices and Stocks
- Trading Strategies Using Swap Points
- You can open an account for free.
What are BigBoss swap points?
This article explains BigBoss swap points. They are an important element of FX trading. By logging in to the tool’s homepage, you can compare quotes and product information. This can be helpful for settlement. It’s a good idea to consider trading costs when entering into a contract.
1️⃣ What are swap points?
Swap points are an adjustment for interest rate differences that occur when holding different currency pairs.
For example, when trading USD/JPY, swap points are added (received) or subtracted (paid) from your account daily depending on the difference between the USD and JPY interest rates.
💡Illustration:
Buy a high-interest currency → Receive a swap
Sell a high-interest currency → Pay a swap
2️⃣ Big Boss Swap Point Features
Swaps may vary depending on your account type, such as a Standard Account or Pro Spread Account.
Swap points are awarded daily (usually updated around 7:00 AM JST).
Friday holdings are added for three days at a time (to accommodate weekends).
3️⃣ How to Check Swap Points
You can check your swap points on the BigBoss trading platform (MT4/MT5).
They vary depending on whether you’re buying (long) or selling (short) each currency pair.
They are also published in real time on the BigBoss official website.
4️⃣ Trading with Swaps
Long-Term Holding Strategy (Holding Positions Aiming for Swap Points)
Buy a high-interest-rate currency, receive the swap, and sell a low-interest-rate currency
Caution: Leveraged trading carries the risk of loss, so it is dangerous to aim for profits solely through swaps.
5️⃣ Important Points
Swaps fluctuate based on market conditions and central bank policy interest rates.
Even with high-interest-rate currencies, losses can occur due to sudden exchange rate fluctuations.
Selling a negative swap currency incurs daily costs.
💡 Summary
Swap points are the daily adjustment due to the interest rate differential between currencies.
This is the cost or profit of holding a long-term position.
BigBoss allows you to easily check your swap points on MT4/MT5 or the official website.
How BigBoss Calculates Swap Points
BigBoss’s swap point calculation method basically follows the standard method in the FX industry. We’ll explain it step by step in detail.
1️⃣ Basic Swap Point Calculation Formula
FX swaps are calculated based on the interest rate differential between the currency pairs you hold.
Calculation Formula (Basic Form)
Swap Points = (Buy Currency Interest Rate – Sell Currency Interest Rate) ÷ 365 × Amount Held × Exchange Rate
Swap Points = (Buy Currency Interest Rate – Sell Currency Interest Rate) ÷ 365 × Amount Held × Exchange Rate
Buy Currency Interest Rate: Interest rate on the currency held long (buy)
Sell Currency Interest Rate: Interest rate on the currency held short (sell)
Amount Held: Trading Lot × Amount of Currency per Lot
Exchange Rate: Rate of the target currency pair (e.g., USD/JPY, how many yen per dollar)
💡 Points:
Usually calculated daily and reflected in your account.
Friday swaps may be added together for three days (to adjust for weekends)
2️⃣ Differences Between Long and Short
Long (Buy) Position Swap = Received if buying a high-interest currency, paid if buying a low-interest currency. Swap = Receive when buying a high-interest currency and pay when buying a low-interest currency. Swap = Receive when buying a high-interest currency and pay when buying a low-interest currency.
Short (sell) position Swap = Pay when selling a high-interest currency and receive when selling a low-interest currency. Swap = Pay when selling a high-interest currency and receive when selling a low-interest currency. Swap = Pay when selling a high-interest currency and receive when selling a low-interest currency. Swap = Pay when selling a high-interest currency and receive when selling a low-interest currency.
3️⃣ BigBoss Specific Notes
Swaps may vary depending on account type.
Differences may occur between Standard and Pro Spread accounts.
Swaps fluctuate based on market conditions.
They change daily depending on central bank interest rate policies and market interest rates.
Set for each currency pair.
You can check this on the currency pair settings screen in MT4/MT5.
4️⃣ Calculation Example (Image)
Purchase 1 lot (100,000 USD) of USD/JPY
USD interest rate: 5%, JPY interest rate: 0%
Exchange rate: 1 USD = 150 JPY
Swap = (0.05 – 0.00) ÷ 365 × 100,000 × 150
0.05 ÷ 365 ≈ 0.000136986
× 100,000 = 13.6986 USD
× 150 JPY ≈ 2,054 JPY/day
→ If you hold this position for a day, you would receive a swap of approximately ¥2,054.
💡 Summary
Swap Points = Interest Rate Difference × Currency Amount ÷ 365 × Exchange Rate
Buying a high-interest currency often results in a positive return, while selling it often results in a negative return.
BigBoss’s swap rates vary depending on your account type and market conditions, so you should check them daily using MT4/MT5.
Swap Point Allocation Timing
We will explain in detail when BigBoss allocates swap points. Understanding this timing is important when trading FX.
1️⃣ When are swap points allocated?
Swaps are allocated daily.
With BigBoss, swaps are typically allocated around 7:00 AM Japan Time (6:00 AM Daylight Saving Time).
At this time, the positive or negative swap is calculated and reflected on the positions held in your account.
2️⃣ Weekend and Holiday Handling
Friday swaps are allocated for three days in total.
Friday swaps are allocated for three days, including the weekend.
This is because the FX market is closed on weekends, so interest rate adjustments for those days are also reflected.
Similar adjustments are made for holidays and non-working days.
If a holiday falls between two business days, the calculation may be consolidated on the previous business day.
3️⃣ Differences Between Long and Short Positions
Long (Buy) Position: Positive or negative swaps are awarded depending on the interest rate differential.
Short (Sell) Position: Swaps are awarded in the opposite direction of the interest rate differential.
The daily swap amount is determined by the interest rate differential and currency amount at the time the position is held.
4️⃣ Important Points
Swaps fluctuate based on market conditions and central bank interest rate policies.
If the position is not held across the grant time, no swap will be awarded.
In highly leveraged trades, gains and losses due to market fluctuations may be greater than the swap.
💡 Summary
Swaps are awarded daily (usually around 7:00 AM Japan time).
On Fridays, swaps are awarded for three days at a time.
Swaps vary depending on whether you are long or short.
Swap amounts are adjusted for holidays and other public holidays.
Complete List of Swap Points for Major Currency Pairs
Below is a list of frequently traded swaps on BigBoss.
| 通貨ペア | 買いスワップ (例) | 売りスワップ (例) |
|---|---|---|
| USD/JPY（米ドル/円） | 約 +1,079 円 | 約 -2,841 円 |
| EUR/JPY（ユーロ/円） | 約 +737 円 | 約 -3,014 円 |
| GBP/JPY（英ポンド/円） | 約 +1,405 円 | 約 -4,460 円 |
| AUD/JPY（豪ドル/円） | 約 +699 円 | 約 -1,854 円 |
| NZD/JPY（NZドル/円） | 約 +767 円 | 約 -2,160 円 |
| USD/CHF（米ドル/スイスフラン） | 約 +913 円 | 約 -2,818 円 |
| AUD/USD（豪ドル/米ドル） | 約 -589 円 | 約 +21 円 |
| GBP/USD（英ポンド/米ドル） | 約 -611 円 | 約 -529 円 |
| EUR/USD（ユーロ/米ドル） | 約 -1,026 円 | 約 +168 円 |
| CAD/JPY（カナダドル/円） | 約 +990 円 | 約 -2,245 円 |
📊 Important Notes
✔ Swap points are updated daily.
The value fluctuates every business day. For actual trading, please check the latest figures in the “Specifications” section of your MT4/MT5.
✔ Weekend swaps are awarded in bulk.
Weekend swaps are awarded in bulk on Wednesday rollovers, so there are days when swaps are tripled.
✔ Different currency pairs have different trends.
Even if a long position in a cross-yen pair is positive, a straight position in the same currency may be negative.
Full Swap Point List for Precious Metals and Energy
Below is a sample list of swap points (long/short) for precious metals and energy CFDs on BigBoss.
*These figures are for reference only. For actual trading, please be sure to check the “Specifications” screen in MT4/MT5 or the latest official list. Swap points fluctuate daily.
🪙 Swap Points for Precious Metals CFDs
| 銘柄 | 買いスワップ（例） | 売りスワップ（例） |
|---|---|---|
| GOLD_USD（ゴールド/米ドル） | -15.23 | +5.62 |
| SILVER_USD（シルバー/米ドル） | -2.42 | +0.65 |
👉 ゴールド・シルバーは、売りポジションでプラススワップになりやすい傾向があります（例）
🛢️ Energy CFD Swap Points
| 銘柄 | 買いスワップ（例） | 売りスワップ（例） |
|---|---|---|
| OILUK_USD（ブレント原油） | +5.39 | -6.18 |
| OILWTI_USD（WTI原油） | +2.70 | -3.43 |
📌 Important Notes (General)
✔ Swap points fluctuate daily; they are not fixed.
→ The long/short direction and values change depending on market interest rates and funding costs.
✔ Always check the latest MT4/MT5 specifications screen.
→ Right-click each symbol and select “Specifications.” You can see “Swap long” and “Swap short.”
✔ CFD products also incur swaps.
→ Precious metal and energy CFDs, like FX currency pairs, incur swaps or fees when carrying over.
✔ Differences by account type
→ Precious metal and energy CFDs are available in Standard and Deluxe accounts; they may not be available in Pro Spread accounts.
List of All Cryptocurrency Swap Points
Below is a list of swap points (reference values) for cryptocurrency CFDs on BigBoss.
Note: According to the BigBoss official website, cryptocurrency CFD swaps are awarded three times per day (every eight hours) (e.g., 5:05 AM, 1:05 PM, and 9:05 PM Japan time). Note: The timing of awards differs from that for FX and CFD currency pairs.
| 銘柄 (Pair) | ロング (買い) | ショート (売り) | 備考 |
|---|---|---|---|
| ADAJPYT（カルダノ/JPYT） | -2.90 | -2.90 | ほぼ同値 |
| ADAUSDT（カルダノ/USDT） | -1.90 | -1.90 | 変動あり |
| AXSJPYT（アクシー/JPYT） | -5.80 | -5.80 | どちらも同率 |
| AXSUSDT（アクシー/USDT） | -3.80 | -3.80 | — |
| BCHJPYT（ビットコインキャッシュ/JPYT） | -22.60 | -22.60 | 両建て同額 |
| BCHUSDT（ビットコインキャッシュ/USDT） | -15.10 | -15.10 | — |
| BNBJPYT（バイナンスコイン/JPYT） | -24.20 | -24.20 | 両建て同額 |
| BNBUSDT（バイナンスコイン/USDT） | -16.10 | -16.10 | — |
| BTCJPYT（ビットコイン/JPYT） | -2058.00 | -2058.00 | 大きめ |
| BTCUSDT（ビットコイン/USDT） | -2058.00 | -2052.65 | 売り少し小幅 |
| DOGEJPYT（ドージ/JPYT） | -7.50 | -7.50 | 同じ |
| DOGEUSDT（ドージ/USDT） | -4.99 | -5.00 | ほぼ同値 |
| DOTJPYT（ポルカ/JPYT） | -5.00 | -5.00 | — |
| DOTUSDT（ポルカ/USDT） | -3.30 | -3.30 | — |
| ENJJPYT（エンジン/JPYT） | -2.90 | -2.89 | — |
| ENJUSDT（エンジン/USDT） | -1.90 | -1.90 | — |
| EOSJPYT（イオス/JPYT） | -7.30 | -7.30 | — |
| EOSUSDT（イオス/USDT） | -4.80 | -4.80 | — |
⚠️ Important Notes
✅ Swaps fluctuate daily and by time of day.
Swap values change depending on market conditions and BigBoss adjustments, so please check the MT4/MT5 “Specifications” for the latest values.
✅ The accrual mechanism differs from FX.
FX currency pairs are accrued daily with a single rollover, but cryptocurrencies are accrued multiple times.
✅ May not be suitable for long-term holding.
Many cryptocurrencies can result in losses on both purchases and sales, making long-term holding costly.
List of All Swap Points for Stock Indices and Stocks
Below is a sample list of swap points for stock index and stock (individual stock) CFDs on BigBoss.
*Swap points fluctuate daily. For actual trading, please check the latest figures in the “Specifications” section of your MT4/MT5 account (right-click → Specifications → Swap long/Swap short).
📊 Example List of Swap Points for Stock Index CFDs
| 銘柄（CFD） | ロング（買い） | ショート（売り） |
|---|---|---|
| DAX40_EUR（ドイツ株価指数40） | 約 –3.95 | 約 +0.86 |
| DOW30_USD（ダウ平均30） | 約 –9.62 | 約 +? |
| HSI50_HKD（香港ハンセン株価指数） | 約 –0.57 | 約 –0.76 |
| N225_JPY（日経平均株価） | 約 –12.15 | 約 –12.72 |
| NASDAQ_USD（ナスダック100） | 約 –0.75 | 約 –0.67 |
| SP500_USD（S&P 500） | 約 –2.14 | 約 –1.73 |
| UK100_GBP（英FTSE 100） | 約 –0.86 | 約 –0.56 |
📈 Swap Points for Individual Stock CFDs (Available on BigBoss, please confirm)
Currently, BigBoss’ official website does not provide a clear list of swaps for individual stock CFDs (there is no comprehensive table even in the search or official FAQ), but the following examples show general trends (like indexes, “swaps” (financing costs) are charged/levied for individual stocks).
Note: The following are examples from other companies and general market trends. Please check the official BigBoss website for details on handling and values.
| 株式CFD例 | ロングスワップ | ショートスワップ |
|---|---|---|
| Apple (AAPL) CFD | マイナス傾向 | プラス/マイナス |
| Tesla (TSLA) CFD | マイナス傾向 | プラス/マイナス |
| Amazon (AMZN) CFD | マイナス傾向 | プラス/マイナス |
*Individual stock CFDs usually tend to have high “long holding costs (negative)”, and even when selling, the positive/negative value can change depending on market conditions and stock borrowing costs, so it is essential to check the specifications of MT4/MT5.
⏱ Swap Accrual Timing
Swap (rollover) points are awarded and collected daily for stock index and stock CFDs, just like FX/CFDs. Specifically, they are processed in bulk at the end of the weekly session (around 6:00 AM to 7:00 AM Japan time).
Trading Strategies Using Swap Points
This article explains practical methods for trading using swap points, taking into account the risks and benefits. This strategy can be applied to a wide range of products, including BigBoss FX, CFDs, and cryptocurrencies.
1️⃣ Swap Points Review
Interest rate differentials and funding costs between different currencies or instruments
Simply holding a swap can result in a positive (received) or negative (debited) balance in your account.
Highly leveraged trading can have large swings in profits and losses, so caution is advised when aiming for profits solely through swaps.
2️⃣ Basic Concepts of Swap Trading Strategies
🔹 Go Long to Aim for a Positive Swap
Buy a High-Yield Currency and Sell a Low-Yield Currency
Example: A long position on AUD/JPY or NZD/JPY
Since swaps are added to your account daily, you can accumulate swap profits by holding for the long term.
🔹 Go Short to Aim for a Positive Swap
Buy a Low-Yield Currency and Sell a High-Yield Currency
Example: USD/TRY (Turkish Lira)
Buy a Low-Yield Currency, such as the Japanese Yen or the US Dollar, and earn swap profits in the opposite direction.
3️⃣ Examples of Swap Strategies
① Long-Term Holding Strategy (Carry Trade)
Conditions
Positive Swap Currency Pair
Stable Market
Strategy
Hold long in high-yield currencies
Deposit ample margin to minimize risk of loss
Hold for weeks to months and accumulate swap profits
💡 Key Point: Beware of unrealized losses due to currency fluctuations
② Aiming for Short-Term Swaps + Technical Trading
Take short-term positions in the direction of a positive swap and realize profits using technical analysis
Take daily swaps while minimizing currency fluctuation risk
③ Swap Arbitrage (Intermediate to Advanced Risk)
Leverage the Swap Difference Between Multiple Currency Pairs
Example: Long AUD/JPY + Short USD/JPY
Buy a high-yield currency and sell a low-yield currency, aiming for the swap difference by hedging
Note: Spread costs and stop-loss risk must be considered
4️⃣ Applications for Commodities, Stock CFDs, and Cryptocurrencies
Precious Metals and Energy CFDs
Short positions in gold and silver can sometimes result in positive swaps
Long-term holding can lead to small profits
Cryptocurrency CFDs
Most trades have negative swaps on both buy and sell sides
Consider short-term trading and time-zone strategies (earned every 8 hours)
Stock Index CFDs
Negative swaps are common on both buy and sell sides
Not suitable for long-term holding strategies
5️⃣ Risks and Cautions of Swap Trading
Exchange Rate Risk
Unrealized losses can sometimes exceed swap gains
Dangers of High Leverage
Overleverage can lead to stop-loss triggers
Swap Fluctuations
Swap rates fluctuate daily due to interest rates and market conditions
Account Types and Terms
Calculation methods may differ for swap-free products, bonus accounts, etc.
6️⃣ Summary of Practical Points
Long-term holding of positive swap currencies → Accumulate stable profits
Short-term swaps + technical trading → Profits while reducing risk
Multiple pairs (arbitrage) → Targeting differentials For intermediate and advanced traders
Always consider stop-loss risk and swap fluctuations
You can open an account for free.
You can trade with a fairly high leverage, so open an account and start trading.
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