Swap Rate / Admin Charge
A forex swap rate, also known as rollover rate, is the interest fee earned or charged for keeping a position opened overnight. It is the interest rate differential between the two components of the pair you are trading.
*Note: If you hold a position overnight on a Wednesday, the swap charges that are earned or paid on a daily basis are three times the normal amount. Swap charge on the US stocks. Cash CFDs, Bitcoin, and Turkish Lira will appear as "Admin Charge".