How it works:

A swap rate is a rollover interest rate credited or debited from clients’ accounts when a position is held open overnight. The swap rate is credited or debited once for each day of the week, with the exception of Wednesdays, when it is credited or debited 3 times for the weekend.

Enter your account base currency, select the currency pair, enter the account type, the trade size in lots and the leverage.

The equation is as follows:
Swap = (One Point / Exchange Rate) * Trade Size (Lot Size) * Swap Value in Points

Example:

One Point: 0.00001
Account Base Currency: EUR
Currency Pair: EUR/USD
Exchange Rate: 1.0895 (EUR/USD)
Volume in Lots: 5 (One Standard Lot = 100,000 Units)
Short Swap Rate: 0.15

Swap Value = (0.00001 / 1.0895) * (500,000 * 0.15)
Swap Value is €0.69

*If the result is negative your account will be debited whereas if it is positive your account will be credited.

BuzzFx protection for clients' funds?

• Segregation of Funds; Client funds are kept completely separate from the company's and are stored with reliable banks in special accounts (called segregated accounts).
• The company provides for the full protection of client funds for as long as they decide to keep them with us.
• We do not use client funds for operational or investment purposes.
• Partnerships with banks; BuzzFx works with several banks whose reliability is beyond question.
• We use modern encryption technology BuzzFx uses the SSL (Secure Sockets Layer) cryptographic protocol, which provides secure connections for making transactions. Data is encrypted to prevent it from being stolen or accessed by third parties during its transfer. In addition to this, it's transmitted all at once to ensure that it remains intact.
• In order to ensure that data is transferred between the correct user terminal and server, the identities of the communicating parties are authenticated using public-key cryptography.
• Transparent trading conditions and policy BuzzFx does everything possible to ensure transparency.
• BuzzFX adherer's to a strict set of financial standards and are obliged to periodically report our activities to the regulatory authorities.
• BuzzFx has business with top reputable auditors.