Bangalore (Karnataka), India, 11 March – OneRoyal, a leading global forex broker renowned for its innovative, AI-driven trading solutions, is proud to announce that it was awarded the Best AI Tools Award 2025 by TradeBrains Awards. This award recognizes that OneRoyal’s pioneering technology enhances trading efficiency and accuracy.

“Our commitment to integrating advanced AI technology into our trading platforms has revolutionized how our clients engage with the forex market,” said Vladimir Fedorov, Chief Development Officer at OneRoyal. “This award not only solidifies our dedication to excellence but also motivates us to continue innovating and delivering state-of-the-art solutions that empower traders around the globe.”

Kritesh Abhishek, Founder and CEO of Trade Brains, congratulated OneRoyal on this achievement, saying:

“OneRoyal’s innovative use of AI tools in forex trading showcases the immense potential of technology in transforming the financial industry. Their solutions not only enhance trading efficiency but also empower traders with real-time insights and precision. We are delighted to recognize OneRoyal’s exceptional contribution to the industry.”

The award establishes OneRoyal as a significant contributor to the industry, setting new benchmarks in the integration of AI tools within forex trading. As global markets evolve, OneRoyal remains at the forefront, providing traders with cutting-edge tools that combine efficiency, precision, and real-time insights.

For more information about OneRoyal’s award-winning trading solutions, click here OneRoyal.

About OneRoyal

OneRoyal is a leading global forex broker offering innovative, AI-enhanced trading solutions. With a commitment to excellence and technological advancement, OneRoyal empowers traders worldwide to navigate the dynamic forex market with confidence and precision.

About TradeBrains Awards

The Trade Brains FinTech Excellence Awards 2025 honors the game-changers redefining the financial landscape in India and beyond. From breakthrough innovations to industry-transforming solutions, this prestigious digital awards platform celebrates excellence across sectors like the stock market industry, forex, crypto, AI, and more. For more details, please visit TradeBrains Awards.

One of the most misunderstood terms in Forex trading is swap or Forex swap. To trade successfully, you should understand what Forex swap depends on and how it is calculated. This article describes what a Forex swap is, explains its mechanics, and describes swap-free trading accounts.

What is a Forex swap?

Swap is a commission charged for carrying open positions overnight to the next trading day in the Forex market. The exact moment when the swap is withdrawn from your trading account depends on your broker. Most brokers charge it most often between 11 p.m. and 12 a.m. server time.

The Forex market is over-the-counter and non-deliverable, meaning you are not the owner of the trading asset. In order not to cause the need for calculations, the system automatically closes an open position on the current trading day and opens it on the next one. Such closing is considered conditional, as the position is carried over, and the swap is charged.

Depending on the value of the swap and the position, the swap can be negative or positive. In other words, you will either have to pay a commission or be paid a commission for holding an open position overnight. This is because the margin system used in Forex trading allows you to use the additional capital the broker provides. You borrow funds to open a position from your broker.

There is an opinion among traders that the Forex swap is nothing but a broker’s commission. However, this is not true. Let’s find out how swaps work in the Forex market.

How do swaps work in the Forex market?

Every time you open a position, you make two transactions: buying one and selling another currency in a currency pair. So, you are essentially borrowing that money to sell one of the currencies and need to pay interest on the borrowed amount. However, in doing so, the currency you buy will earn you interest.

If the base interest rate on the currency you buy is higher than the currency you sell, you can earn interest on the difference in rates for carrying an open position to the next day. However, given the broker’s markup, regardless of the direction of the open position (buying or selling), you will have to pay a commission.

Thus, the value of a swap depends on the market and the instrument you are trading. For example, the swap on the same EURUSD and USDJPY positions will differ.

The value of swap varies depending on:

– online broker

– type of the position–Buy or Sell

– type of the asset

– number of days the position remains open

– nominal value of the position (number of lots).

Why is there a triple swap?

Sometimes, a swap is charged for holding an open position over the weekend, even if you did not have it on Saturday and Sunday. Such a fee is called a triple swap. Since the markets are closed on weekends, the triple swap was invented to compensate for this and is charged either on Fridays or Wednesdays, depending on the specific market.

This is because orders are settled on the Forex market on the second working day from the trade date (T+2). Since the value date falls on a weekend, the transfer is made for three days at once (on Monday). Therefore, from Wednesday to Thursday (at 12 a.m.), the swap is charged for the past weekend and Wednesday.

In other words, if you hold your position overnight when the triple swap is applied, your order will be charged three times the standard swap.

Are there swap-free accounts?

To make trading more convenient and accessible, many brokers have introduced the concept of swap-free accounts.

Swap-free accounts relieve the trader from the need to constantly monitor the size of accounting rates on currencies in a currency pair, make trading more straightforward, and allow taking into account in advance the commission for the transfer of positions when calculating the financial result of planned transactions. It is also relevant for those clients who cannot use swaps due to religious beliefs. This determines the second name of this type of account–Islamic accounts.

Charged daily, the swap fee accumulates over time, making trading less favourable. To enhance the investment opportunities of its customers, Octa has decided to remove swap fees for all types of trading accounts. These fees will no longer prevent traders from using medium- and long-term strategies in the financial market. Now, they can keep that position open for as long as they see fit and with no swap cost.

Indian economy is expected to grow 5.9 percent in FY24 and is set to contribute 15% to the global economy. With the Largest traders and investor community, India ranks top 10 in the Online trading volume in different Segments like Indian Stocks, US Stocks, Currencies, Virtual Assets, Commodities & Indices.

In 2023, India Market is expected to reach a new high in individual investments across various financial products like Mutual funds, ETFs, Bonds, SIP, AIF, Index funds, hedge funds, Crypto Funds, hybrid funds, Fund Managers, international portfolios and Social trading.

The Technology Era

The evolution of FinTech has made online trading within reach for anyone with just a smartphone. The largest community of traders and Investors has been focused on the Stock market, Forex Trading, and Crypto Trading in recent days with technological developments. However, Understanding the global market sentiments and profitable Trading strategies is a challenge among traders in Asia. Indian traders continue to learn and update themselves with the latest trading techniques and the desire to acquire more financial market knowledge persists.

Money Expo 2023: As an Opportunity

For Traders and Investors, an opportunity to meet all the financial service providers under one roof is availed by Money Expo, One of India’s largest Trading and investing events. Money Expo 2023 is announced to be held on 12-13 August 2023 at Jio Convention Centre, Mumbai. Bringing Face-to-face networking to individuals helps to foster relationships, and learn and build trust with the service providers like stock brokers, Forex Brokers, Crypto Exchanges & FinTech companies.

Educating the Next Generation Traders

The second edition of this 2-day exhibition and Conference is set to feature leading brands in the online trading space and host the largest conference with investment industry experts as speakers covering a wide range of keynote sessions, panel discussions, and presentations. Money Expo focuses on attracting visitors comprising of Individuals, Traders, Investors, HNI, Ultra-HNI, Affiliates, IBs, Fund Managers, Trainers, and Service providers.

A platform for Exploring New Markets

At this event, The audience will witness the largest gathering of Financial Professionals, potentially networking to exchange ideas and learn new market opportunities. Money Expo provides attendees with a unique platform to learn about new products and services, explore potential investment & trading opportunities, and better understand the financial industry.

Summit Focus

  • Investments in Stocks, Forex and Crypto
  • Understanding the Blockchain Ecosystem
  • Unleashing the power of DeFi’s & NFTs
  • Regulations on Cryptocurrencies
  • WEB 3.0 Vs WEB 2.0
  • Metaverse, Gamefi (Play-to-Earn)

Participants

  • Crypto Exchanges
  • Government & Regulatory Bodies
  • C-Level & Directors
  • Blockchain & Crypto Pioneers
  • Defi & NFT Projects
  • VCs, Family Offices, Investors & Business Leaders
  • Crypto Community and Influencers
  • Renowned Media Agencies

For more information on Money Expo 2023, visit https://moneyexpoindia.com/mumbai/

Company Name: Trasol Events Pvt Ltd

Contact Name: Jovita Ephrem

Mail Id: info@moneyexpoindia.com