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MultiBank swap: four-digit and five-digit points

Different point displays can produce the same cost; use actual tick size and the rollover calendar.

On this page 4 sections

The source presents equivalent point conventions

The /pt-BR Islamic page illustrates EURUSD at -2.2 points with five digits and -0.22 with four digits. Comparing raw point numbers ignores the different minimum price increments.

Sources for this section
Five digits: -2.2 × 0.00001; Four digits: -0.22 × 0.0001; Multiply 100,000 × 1 lot × 5 days
International table or /pt-BR example; verify entity and terms Open full-size diagram
Diagram explained

Both examples produce -USD 11

  1. Five digits: -2.2 × 0.00001
  2. Four digits: -0.22 × 0.0001
  3. Multiply 100,000 × 1 lot × 5 days

Calculate using equal inputs

For 100,000 units, one lot and five charged days: 100,000 × -2.2 × 0.00001 × 5 = -USD 11. Four-digit inputs 100,000 × -0.22 × 0.0001 × 5 also give -USD 11. These are source-example inputs, not current rates.

Sources for this section

Charged days are not necessarily held nights

The example uses 1 + 1 + 3 for the midweek triple charge, while holidays may change the pattern. Check the actual product’s Specification/calendar rather than applying one schedule to every asset.

Sources for this section

Swap-free is a conditional status

The page disallows mixed swap-free/ordinary status and allows revocation for abuse. Standard/Pro/ECN funding does not establish eligibility. Obtain the entity-specific agreement; unstable access to the MEX Atlantic PDF does not support an inferred administration rate.

Sources for this section
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Sources and scope

Sources are provider publications. Conditions may vary by entity, country, account and program. Recheck before signing up.

  1. Official multibank-group source
  2. Official multibank-group source
  3. Official multibank-group source
  4. Official multibank-group source
  5. Official multibank-group source

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