Swap
Trading forex can feel like a wild ride, with prices bouncing up and down like a yo-yo on steroids. But even when you're not actively trading, your account can still be impacted by a sneaky little factor called the "swap." Don't worry, we're not talking about a secret society of currency traders (although that does sound intriguing). The swap is simply an interest charge or credit that gets applied to your account for holding positions overnight.