To Find The Latest Updated Swap Rates

Click Here

A Quick Explanation of Our Forex Swap Rates

A swap charge is a fee that applies when you keep a trade open overnight. It's like an interest payment that reflects the difference in interest rates between the two currencies you're trading.

You only pay swap fees if you hold a position overnight.
The fee depends on whether you're buying (long) or selling (short).
Certain instruments have negative swap rates on long and short positions.
The amount varies based on market conditions and what you're trading.
The fee is converted to your account's base currency displayed in points.
Swap values shown are applied per standard lot.
A triple-size swap charge applies once per week to cover weekends
Triple swaps can also be applied on specific weekdays.
Forex pairs and Metals: On Wednesdays
Indices, Shares, and Energies: On Fridays
MT4 / MT5 platforms

You Can See Swap Charges on Our Trading Platforms

1

Open the Market Watch window and right-click on any instrument.

2

Select "Specification" to view a pop-up containing swap rate details, including when triple swaps are charged.

How Our Swap Costs are Calculated

The formula for calculating swap charges is:

Swap Cost = (Lot Size) × (Swap Rate in Points) × (Number of Nights Held)
Example 1

EUR/USD (1 Lot) - Position Held for 2 Nights

If you open a 1-lot trade on EUR/USD and hold it for 2 nights, your swap charges will be:

Long Position (Buy EUR/USD)
Swap rate: -8.6 points
Cost: 1 lot × (-8.6) × 2 nights = - $17.20
Short Position (Sell EUR/USD)
Swap rate: -0.51 points
Cost: 1 lot × (-0.51) × 2 nights = - $1.02
Example 2

XAU/USD (1 Lot) - Position Held for 3 Nights

For a 1-lot trade on XAU/USD (Gold) held for 3 nights, the swap charges will be:

Long Position (Buy XAU/USD)
Swap rate: -36.81 points
Cost: 1 lot × (-36.81) × 3 nights = - $110.43
Short Position (Sell XAU/USD)
Swap rate: -16.31 points
Cost: 1 lot × (-16.31) × 3 nights = - $48.93
Example 3

BTCUSD 1 Lot (Swaps Charge: -15%

Long Position:-15%
Short Position:-15%

If BTCUSD is priced at 50,000, the swap charge will be $20.83 per lot.
If BTCUSD is priced at 100,000, the swap charge will be $41.67 per lot.

Calculation: 1* 100,000 * 15/100/360 = 41.67$

The same adjustment listed above will also apply to Shares:

Long positions:-5.85%
Short positions:-4.53%
Open An Account

To Find The Latest Updated Swap Rates

Click Here

A Quick Explanation of Our Forex Swap Rates

A swap charge is a fee that applies when you keep a trade open overnight. It's like an interest payment that reflects the difference in interest rates between the two currencies you're trading.

You only pay swap fees if you hold a position overnight.
The fee depends on whether you're buying (long) or selling (short).
Certain instruments have negative swap rates on long and short positions.
The amount varies based on market conditions and what you're trading.
The fee is converted to your account's base currency displayed in points.
Swap values shown are applied per standard lot.
A triple-size swap charge applies once per week to cover weekends
Triple swaps can also be applied on specific weekdays.
Forex pairs and Metals: On Wednesdays
Indices, Shares, and Energies: On Fridays

You Can See Swap Charges on Our Trading Platforms

MT4 / MT5 platforms
1

Open the Market Watch window and right-click on any instrument.

2

Select "Specification" to view a pop-up containing swap rate details, including when triple swaps are charged.

How Our Swap Costs are Calculated

The formula for calculating swap charges is:

Swap Cost = (Lot Size) × (Swap Rate in Points) × (Number of Nights Held)
Example 1

EUR/USD (1 Lot) - Position Held for 2 Nights

If you open a 1-lot trade on EUR/USD and hold it for 2 nights, your swap charges will be:

Long Position (Buy EUR/USD)
Swap rate: -8.6 points
Cost: 1 lot × (-8.6) × 2 nights = - $17.20
Short Position (Sell EUR/USD)
Swap rate: -0.51 points
Cost: 1 lot × (-0.51) × 2 nights = - $1.02
Example 2

XAU/USD (1 Lot) - Position Held for 3 Nights

For a 1-lot trade on XAU/USD (Gold) held for 3 nights, the swap charges will be:

Long Position (Buy XAU/USD)
Swap rate: -36.81 points
Cost: 1 lot × (-36.81) × 3 nights = - $110.43
Short Position (Sell XAU/USD)
Swap rate: -16.31 points
Cost: 1 lot × (-16.31) × 3 nights = - $48.93
Example 3

BTCUSD 1 Lot (Swaps Charge: -15%

Long Position:-15%
Short Position:-15%

If BTCUSD is priced at 50,000, the swap charge will be $20.83 per lot.
If BTCUSD is priced at 100,000, the swap charge will be $41.67 per lot.

Calculation: 1* 100,000 * 15/100/360 = 41.67$

The same adjustment listed above will also apply to Shares:

Long positions:-5.85%
Short positions:-4.53%
Open An Account