Monaxa Swap: What an Overnight Position Costs (Malaysia)
No swap values appeared on the broker's public pages when the broker's public pages were read on 15 September 2026, so this page shows where the number that will apply to your account is read instead of quoting one.
Open an FxPro account →No swap values appeared on the broker's public pages when the broker's public pages were read on 15 September 2026. The figure that will be applied to an account is read in the instrument specification inside MetaTrader 4 or MetaTrader 5, together with the day on which a multiplied charge falls.
What a swap is charged for
- A swap applies only to positions held past the daily rollover — a position opened and closed the same day is not charged one
- The figure can be a debit or a credit depending on the instrument and the direction of the position
- No swap values appeared on the broker's public pages when the broker's public pages were read on 15 September 2026; the number that applies is read in the instrument specification of MetaTrader 4 or MetaTrader 5
- Which day, if any, carries a multiplied charge is shown in the same instrument specification and is not published on the broker's public pages
- The four account types (Standard, Pro, Zero, Cent) are as published on monaxa.com and read on 15 September 2026; the swap values themselves are not published publicly
Rollover happens at the broker's server time, not at Malaysian midnight, and that server time is not published on the broker's public pages. The hour it falls on locally therefore has to be read from the instrument specification inside the terminal rather than assumed — and whether a position closed late on a Malaysian evening has been carried past it depends on that hour, not on the local calendar date.
The broker publishes no swap values on its public pages, and this page does not reproduce a table from elsewhere. The figure that will be applied is in the instrument specification inside MetaTrader 4 or MetaTrader 5.
Where the current swap figure is read
In the instrument specification inside the terminal — open the instrument, open its specification, and read the long and short swap values. That is the number that will be applied to your account, which is what makes it the only one worth using.
A swap table copied from a third-party site is a different broker's number, or the same broker's number from a different week, and either way it will not match. This page deliberately does not reproduce one: the broker publishes no sourced figures publicly, and an invented table would be worse than the gap it fills. Which sources this site does accept is set out on sourcing and checking.
The mechanism has a standard name — the rollover — and the charge tracks the interest-rate differential between the two sides of the instrument.
How a swap-free setup differs
Where a broker offers an account without an overnight charge, the cost is usually recovered elsewhere — in the spread, in a flat administration fee after a number of days, or by restricting which instruments qualify. The charge changes shape rather than disappearing.
Monaxa publishes four account types — Standard, Pro, Zero and Cent — as published on monaxa.com and read on 15 September 2026. Whether any of them carries a swap-free arrangement, and on what terms, is shown in the account conditions inside the portal rather than on public pages.
How to fold the charge into a position calculation
Take the long or short value from the specification for the direction being traded, multiply by the number of nights the position is expected to stay open, and read from the same specification which day, if any, carries a multiplied charge. Then compare the result with the expected move on the position.
On an intraday position the answer is always zero, because the charge only applies past the rollover. On a position held for weeks it can matter more than the spread. The margin side of the same calculation is on the margin page.
Why the figure moves
Swap values track the interest-rate differential between the two sides of an instrument plus the broker's own adjustment, so they change as rates change and are not fixed for the life of a position. That is the mechanism, not a forecast: nothing here predicts which direction a given value will move.
It is also why a figure noted once should be re-read rather than remembered. The specification is the live source; anything written down is a snapshot.
What is published about overnight charges, and what is not
| Item | Status |
|---|---|
| Swap values on public pages | Not published |
| Swap values in the instrument specification | Published, per instrument and per direction |
| Day carrying a multiplied charge | Shown in the instrument specification, not on public pages |
| Account types published | 4 — Standard, Pro, Zero, Cent |
| Charge on a position closed the same day | None |
| Platforms where the figure is read | 2 — MetaTrader 4 and MetaTrader 5 |
Published by the broker on monaxa.com and read on 15 September 2026; confirm current terms before trading. CFDs carry a high risk of losing money rapidly due to leverage.