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no matter what type of trader you are

Swap rates

Control your Swap Rates with Switch Markets.

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So, what are Swap Rates?

You’d be surprised how many traders don’t know about Swap Rates and how to control them. In a nutshell, the ‘Swap’ means that if you keep your trading positions open overnight, you could have some fees to pay your broker.

How is the forex swap rate calculated?

As you know, Forex trading is the buying or selling of a country’s currency, against the currency of another country. Brokers enable you to execute the trade and then ‘swap’ the currency back again, at another time.

The forex swap rate is calculated on the difference between the interest rate between the two currencies you are trading.

When you don’t ‘swap’ the currency back with a broker at the end of the trading day (5 pm GMT time), there is a fee or credit involved and the brokers allow you to hold your open position overnight.

For traders, this can either be a fee or a credit back to you, this all depends on the currency pair you are trading and the interest rate performance.

What you need to know :

  • Swap Rates are applied every trading day at midnight, on any open positions.
  • Swap Rates are especially important to traders that hold their positions overnight.
  • Swap Rates mean you could end up with a fee for holding your trade, or, a credit (depending on the interest difference).
  • On a Wednesday, the rates tend to be triple the amount compared with other trading days (to accommodate for the weekend).
  • Swap Rates will show as ‘points’ inside MT4/MT5, these points are then converted into your account currency.
  • Each currency pair has its own rollover fee.
  • Most traders do not know about the Swap Rates when trading with any broker.
Forex Commodities Indices Digital Currencies Shares
Instrument Swap Long Swap Short
AUDCAD 1.9139 -5.3608
AUDCHF 4.8014 -7.6617
AUDJPY 9.1892 -14.2154
AUDNOK -0.20933 -0.10307
AUDNZD -0.9972 -2.9222
AUDSEK 1.2501 -3.1779
AUDSGD 1.1089 -4.8413
AUDUSD -1.6632 -0.673
CADCHF 3.8964 -5.6122
CADJPY 6.5773 -11.2478
CHFJPY -0.695 -4.5084
CHFPLN -69.74 49.887
CHFSGD -14.597 6.831
EURAUD -8.8506 2.7486
EURCAD -1.5823 -2.8656
EURCHF 4.0882 -8.1483
EURCZK -11.022 1.053
EURDKK -1.144 -19.107
EURGBP -5.1391 1.9453
EURHUF -38.687 22.824
EURJPY 10.432 -17.4301
EURMXN -807.6879 200.6145
EURNOK -68.9559 17.3515
EURNZD -8.335 1.8505
EURPLN -27.3805 17.8579
EURSEK -3.3133 -40.8599
EURSGD -2.8523 -2.669
EURUSD -5.5933 2.8177
EURZAR -679.2934 -150.2484
GBPAUD -1.398 -4.4046
GBPCAD 4.994 -11.5695
GBPCHF 10.3804 -16.1329
GBPJPY 19.698 -29.3479
GBPNOK -19.7108 -36.9808
GBPNZD -0.0347 -6.818
GBPPLN -16.632 6.381
GBPSEK 47.5396 -111.9927
GBPSGD 3.3836 -10.8978
GBPUSD -0.8562 -0.9944
GBPZAR -234.0865 158.9781
HKDJPY 0.945 -1.958
NOKJPY 1.269 -2.09
NOKSEK 1.341 -6.292
NZDCAD 1.126 -4.1238
NZDCHF 4.0512 -6.5619
NZDJPY 7.762 -12.2198
NZDSGD 2.133 -7.238
NZDUSD -1.9485 -0.2958
PHPUSD -200.86 91.161
SGDJPY 6.9821 -12.953
USDBRL -3.651 0.192
USDCAD 2.1322 -5.9725
USDCHF 7.7795 -11.8791
USDCNH -18.2599 -43.9265
USDCZK -1.0284 -2.2604
USDDKK -9.107 -42.657
USDHKD -10.1731 -32.1731
USDHUF -23.6447 14.598
USDJPY 15.6222 -22.4599
USDMXN -516.6029 256.8069
USDNOK -17.2132 -27.5532
USDPLN -1.5561 0.77
USDSEK 35.9503 -86.1174
USDSGD 2.508 -8.2647
USDVND 0 0
USDZAR -215.38 102.06
ZARJPY 1.494 -2.068
Instrument Swap Long Swap Short
BRENT -6.29 -7.9
WTI -6.3 -7.89
XAGUSD -5.9681 3.7871
XAUEUR -29.1943 14.7658
XAUUSD -29 21
XPDUSD -19.8319 4.2
XPTUSD -13.2569 -1.0966
Instrument Swap Long Swap Short
AUS200 -1.67 0.435
DE40 -32.24 3.615
DXY -2.5 -2.5
ESP35 -1.92 0.215
F40 -11.791 1.322
HKG33 -3.793 0.798
IBRX50 -2.5 -2.5
JPN225 -3.184 -2.431
NL25 -2.5 -2.5
STOXX50 -7.863 0.882
UK100 -17.128 5.058
US2000 -2.5 -2.5
US30 -91.24 25.8
US500 -12.249 3.464
USTEC -42.4838 12.0138
VIX -2.5 -2.5
Instrument Swap Long Swap Short
ADAUSD -20 -20
ALGUSD -20 -20
ATOUSD -20 -20
AVEUSD -20 -20
AVXUSD -20 -20
BCCUSD -20 -20
BNBUSD -20 -20
BSVUSD -20 -20
BTCEUR -10 -20
BTCUSD -20 -20
CHZUSD -20 -20
CKEUSD -20 -20
DOGUSD -20 -20
DOTUSD -20 -20
DSHUSD -20 -20
ENJUSD -20 -20
EOSUSD -20 -20
ETHEUR -10 -20
ETHUSD -20 -20
FTMUSD -20 -20
LNKUSD -20 -20
LTCUSD -20 -20
MNAUSD -20 -20
MTCUSD -20 -20
ONEUSD -20 -20
RIPUSD -20 -20
SHBUSD -20 -20
SNDUSD -20 -20
SNXUSD -20 -20
SOLUSD -20 -20
THTUSD -20 -20
TRXUSD -20 -20
UNIUSD -20 -20
VETUSD -20 -20
WAVUSD -20 -20
XEMUSD -20 -20
XLMUSD -20 -20
XMRUSD -20 -20
XRPEUR -10 -20
XTZUSD -20 -20
YFIUSD -20 -20
Instrument Swap Long Swap Short
1COV.DE -4 -3.5
A3M.ES -4 -3.5
AAD.DE -4 -3.5
AALB.NL -4 -3.5
AAL.UK -4 -3.5
AAL.US -4 -3.5
AAPL.US -4 -3.5
AAP.US -4 -3.5
AAT.US -4 -3.5
AA.UK -4 -3.5
AA.US -4 -3.5
ABBN.CH -4 -3.5
ABBV.US -4 -3.5
ABB.SE -4 -3.5
ABC.US -4 -3.5
ABEV.US -4 -3.5
ABF.UK -4 -3.5
ABG.ES -4 -3.5
ABG.US -4 -3.5
ABIO.FR -4 -3.5
ABI.BE -4 -3.5
ABMD.US -4 -3.5
ABM.US -4 -3.5
ABNB.US -4 -3.5
ABR.US -4 -3.5
ABT.US -4 -3.5
ACA.FR -4 -3.5
ACB.US -4 -3.5
ACDC.US -4 -3.5
ACGL.US -4 -3.5
ACHR.US -4 -3.5
ACKB.BE -4 -3.5
ACMR.US -4 -3.5
ACM.US -4 -3.5
ACN.US -4 -3.5
ACST.US -4 -3.5
ACS.ES -4 -3.5
ACX1.ES -4 -3.5
AC.FR -4 -3.5
ADAP.US -4 -3.5
ADBE.US -4 -3.5
ADEN.CH -4 -3.5
ADI.US -4 -3.5
ADM.UK -4 -3.5
ADM.US -4 -3.5
ADNT.US -4 -3.5
ADP.FR -4 -3.5
ADP.US -4 -3.5
ADSK.US -4 -3.5
ADS.DE -4 -3.5
ADT.US -4 -3.5
AD.NL -4 -3.5
AEE.US -4 -3.5
AEM.US -4 -3.5
AENA.ES -4 -3.5
AEO.US -4 -3.5
AEP.US -4 -3.5
AER.US -4 -3.5
AESI.US -4 -3.5
AES.US -4 -3.5
AFG.US -4 -3.5
AFL.US -4 -3.5
AFRM.US -4 -3.5
AFYA.US -4 -3.5
AGCO.US -4 -3.5
AGIO.US -4 -3.5
AGK.UK -4 -3.5
AGL.IT -4 -3.5
AGL.US -4 -3.5
AGNC.US -4 -3.5
AGN.NL -4 -3.5
AGO.US -4 -3.5
AGRO.US -4 -3.5
AGS.BE -4 -3.5
AG.US -4 -3.5
AHT.UK -4 -3.5
AIG.US -4 -3.5
AIMC.US -4 -3.5
AIR.DE -4 -3.5
AIR.ES -4 -3.5
AIR.FR -4 -3.5
AIV.US -4 -3.5
AIXA.DE -4 -3.5
AIZ.US -4 -3.5
AI.FR -4 -3.5
AJG.US -4 -3.5
AKAM.US -4 -3.5
AKA.FR -4 -3.5
AKERBP.NO -4 -3.5
AKER.NO -4 -3.5
AKE.FR -4 -3.5
ALB.US -4 -3.5
ALC.CH -4 -3.5
ALD.FR -4 -3.5
ALFA.SE -4 -3.5
ALGN.US -4 -3.5
ALKS.US -4 -3.5
ALK.US -4 -3.5
ALLE.US -4 -3.5
ALLY.US -4 -3.5
ALL.US -4 -3.5
ALM.ES -4 -3.5
ALNY.US -4 -3.5
ALO.FR -4 -3.5
ALPP.US -4 -3.5
ALRM.US -4 -3.5
ALSN.US -4 -3.5
ALTM.US -4 -3.5
ALTR.PT -4 -3.5
ALV.DE -4 -3.5
ALXN.US -4 -3.5
AL.US -4 -3.5
AMAT.US -4 -3.5
AMBA.US -4 -3.5
AMCR.US -4 -3.5
AMCX.US -4 -3.5
AMD.US -4 -3.5
AMED.US -4 -3.5
AME.US -4 -3.5
AMGN.US -4 -3.5
AMG.US -4 -3.5
AMH.US -4 -3.5
AMKR.US -4 -3.5
AML.UK -4 -3.5
AMP.ES -4 -3.5
AMP.IT -4 -3.5
AMP.US -4 -3.5
AMRN.US -4 -3.5
AMR.US -4 -3.5
AMS.ES -4 -3.5
AMT.US -4 -3.5
AMUN.FR -4 -3.5
AMWL.US -4 -3.5
AMX.US -4 -3.5
AMZN.US -4 -3.5
ANA.ES -4 -3.5
ANDE.US -4 -3.5
ANET.US -4 -3.5
ANF.US -4 -3.5
ANSS.US -4 -3.5
ANTM.US -4 -3.5
ANTO.UK -4 -3.5
AN.US -4 -3.5
AON.US -4 -3.5
AOS.US -4 -3.5
APAM.NL -4 -3.5
APAM.US -4 -3.5
APA.US -4 -3.5
APD.US -4 -3.5
APH.US -4 -3.5
API.US -4 -3.5
APO.US -4 -3.5
APPS.ES -4 -3.5
APPS.US -4 -3.5
APTV.US -4 -3.5
AR4.DE -4 -3.5
ARCC.US -4 -3.5
ARCH.US -4 -3.5
ARES.US -4 -3.5
ARE.US -4 -3.5
ARL.DE -4 -3.5
ARM.US -4 -3.5
ARNC.US -4 -3.5
ARR.US -4 -3.5
ARW.US -4 -3.5
ARYN.CH -4 -3.5
AR.US -4 -3.5
ASAN.US -4 -3.5
ASB.US -4 -3.5
ASC.UK -4 -3.5
ASML.NL -4 -3.5
ASML.US -4 -3.5
ASRNL.NL -4 -3.5
ASR.US -4 -3.5
ASSAB.SE -4 -3.5
ASX.US -4 -3.5
AT1.DE -4 -3.5
ATAD.UK -4 -3.5
ATCOA.SE -4 -3.5
ATCOB.SE -4 -3.5
ATC.NL -4 -3.5
ATEA.NO -4 -3.5
ATE.FR -4 -3.5
ATHM.US -4 -3.5
ATI.US -4 -3.5
ATL.IT -4 -3.5
ATO.FR -4 -3.5
ATO.US -4 -3.5
ATRA.US -4 -3.5
ATR.US -4 -3.5
ATUS.US -4 -3.5
AUPH.US -4 -3.5
AUR.US -4 -3.5
AUSS.NO -4 -3.5
AUTO.UK -4 -3.5
AUY.US -4 -3.5
AU.US -4 -3.5
AVAV.US -4 -3.5
AVB.US -4 -3.5
AVGO.US -4 -3.5
AVNT.US -4 -3.5
AVST.UK -4 -3.5
AVTR.US -4 -3.5
AVT.US -4 -3.5
AVV.UK -4 -3.5
AVY.US -4 -3.5
AV.UK -4 -3.5
AWI.US -4 -3.5
AWK.US -4 -3.5
AXNX.US -4 -3.5
AXON.US -4 -3.5
AXP.US -4 -3.5
AXTI.US -4 -3.5
AYI.US -4 -3.5
AYX.US -4 -3.5
AY.US -4 -3.5
AZM.IT -4 -3.5
AZN.SE -4 -3.5
AZN.UK -4 -3.5
AZN.US -4 -3.5
AZO.US -4 -3.5
AZPN.US -4 -3.5
AZTA.US -4 -3.5
A.US -4 -3.5
B4B.DE -4 -3.5
BABA.US -4 -3.5
BAB.UK -4 -3.5
BAC.US -4 -3.5
BAER.CH -4 -3.5
BAH.US -4 -3.5
BAKKA.NO -4 -3.5
BALL.US -4 -3.5
BAMI.IT -4 -3.5
BAM.US -4 -3.5
BAP.US -4 -3.5
BARC.UK -4 -3.5
BAR.BE -4 -3.5
BAS.DE -4 -3.5
BATS.UK -4 -3.5
BAVA.DK -4 -3.5
BAX.US -4 -3.5
BAYN.DE -4 -3.5
BA.UK -4 -3.5
BA.US -4 -3.5
BBA.UK -4 -3.5
BBBY.US -4 -3.5
BBD.US -4 -3.5
BBVA.ES -4 -3.5
BBWI.US -4 -3.5
BBY.UK -4 -3.5
BBY.US -4 -3.5
BB.FR -4 -3.5
BB.US -4 -3.5
BC8.DE -4 -3.5
BCE.US -4 -3.5
BCP.PT -4 -3.5
BCS.US -4 -3.5
BC.US -4 -3.5
BDEV.UK -4 -3.5
BDX.US -4 -3.5
BEAM.US -4 -3.5
BEFB.BE -4 -3.5
BEI.DE -4 -3.5
BEKB.BE -4 -3.5
BEN.FR -4 -3.5
BEN.US -4 -3.5
BEZ.UK -4 -3.5
BE.US -4 -3.5
BFAM.US -4 -3.5
BFB.US -4 -3.5
BFH.US -4 -3.5
BGNE.US -4 -3.5
BG.US -4 -3.5
BHC.US -4 -3.5
BHF.US -4 -3.5
BIDU.US -4 -3.5
BIIB.US -4 -3.5
BILI.US -4 -3.5
BIM.FR -4 -3.5
BIOR.US -4 -3.5
BIO.US -4 -3.5
BIRG.UK -4 -3.5
BIRK.US -4 -3.5
BKD.US -4 -3.5
BKG.UK -4 -3.5
BKKT.US -4 -3.5
BKNG.US -4 -3.5
BKR.US -4 -3.5
BKT.ES -4 -3.5
BKU.US -4 -3.5
BK.US -4 -3.5
BLDP.US -4 -3.5
BLDR.US -4 -3.5
BLD.US -4 -3.5
BLK.US -4 -3.5
BLMN.US -4 -3.5
BLND.UK -4 -3.5
BLNK.US -4 -3.5
BLT.UK -4 -3.5
BLUE.US -4 -3.5
BL.US -4 -3.5
BMBL.US -4 -3.5
BMO.US -4 -3.5
BMRN.US -4 -3.5
BMW3.DE -4 -3.5
BMW.DE -4 -3.5
BMY.US -4 -3.5
BNGO.US -4 -3.5
BNP.FR -4 -3.5
BNR.DE -4 -3.5
BNS.US -4 -3.5
BNTX.US -4 -3.5
BNZL.UK -4 -3.5
BN.FR -4 -3.5
BOKA.NL -4 -3.5
BOKF.US -4 -3.5
BOL.FR -4 -3.5
BOL.SE -4 -3.5
BOO.UK -4 -3.5
BOSS.DE -4 -3.5
BOX.US -4 -3.5
BOY.UK -4 -3.5
BPE.IT -4 -3.5
BPOST.BE -4 -3.5
BP.UK -4 -3.5
BP.US -4 -3.5
BRBY.UK -4 -3.5
BRE.IT -4 -3.5
BRFS.US -4 -3.5
BRG.NO -4 -3.5
BRKb.US -4 -3.5
BRKR.US -4 -3.5
BRO.US -4 -3.5
BRW.UK -4 -3.5
BR.US -4 -3.5
BSAC.US -4 -3.5
BSM.US -4 -3.5
BSS.IT -4 -3.5
BSX.US -4 -3.5
BTA.UK -4 -3.5
BTBT.US -4 -3.5
BTI.US -4 -3.5
BTU.US -4 -3.5
BUD.US -4 -3.5
BURL.US -4 -3.5
BUSE.US -4 -3.5
BVB.DE -4 -3.5
BVIC.UK -4 -3.5
BVI.FR -4 -3.5
BVS.UK -4 -3.5
BWA.US -4 -3.5
BWO.NO -4 -3.5
BWY.UK -4 -3.5
BXMT.US -4 -3.5
BXP.US -4 -3.5
BXS.US -4 -3.5
BX.US -4 -3.5
BYD.US -4 -3.5
BYG.UK -4 -3.5
BYND.US -4 -3.5
BYON.US -4 -3.5
BZUN.US -4 -3.5
BZU.IT -4 -3.5
CABK.ES -4 -3.5
CABO.US -4 -3.5
CACI.US -4 -3.5
CAF.ES -4 -3.5
CAG.US -4 -3.5
CAH.US -4 -3.5
CAKE.US -4 -3.5
CAPC.UK -4 -3.5
CAP.FR -4 -3.5
CARA.US -4 -3.5
CARD.UK -4 -3.5
CARLB.DK -4 -3.5
CARR.US -4 -3.5
CARS.US -4 -3.5
CART.US -4 -3.5
CAR.US -4 -3.5
CAT.US -4 -3.5
CA.FR -4 -3.5
CBD.US -4 -3.5
CBG.UK -4 -3.5
CBK.DE -4 -3.5
CBOE.US -4 -3.5
CBRE.US -4 -3.5
CBRL.US -4 -3.5
CB.US -4 -3.5
CCEP.US -4 -3.5
CCH.UK -4 -3.5
CCI.US -4 -3.5
CCJ.US -4 -3.5
CCK.US -4 -3.5
CCL.UK -4 -3.5
CCL.US -4 -3.5
CCU.US -4 -3.5
CC.US -4 -3.5
CDE.US -4 -3.5
CDNS.US -4 -3.5
CDR.ES -4 -3.5
CDW.US -4 -3.5
CEC.DE -4 -3.5
CEIX.US -4 -3.5
CELH.US -4 -3.5
CEY.UK -4 -3.5
CE.US -4 -3.5
CFG.US -4 -3.5
CFR.CH -4 -3.5
CFR.US -4 -3.5
CF.US -4 -3.5
CGCBV.FI -4 -3.5
CGC.US -4 -3.5
CGG.FR -4 -3.5
CGNX.US -4 -3.5
CG.US -4 -3.5
CHD.US -4 -3.5
CHE.US -4 -3.5
CHGG.US -4 -3.5
CHKP.US -4 -3.5
CHPT.US -4 -3.5
CHRW.US -4 -3.5
CHR.DK -4 -3.5
CHS.US -4 -3.5
CHTR.US -4 -3.5
CHT.US -4 -3.5
CHWY.US -4 -3.5
CHX.US -4 -3.5
CIB.US -4 -3.5
CIEN.US -4 -3.5
CIM.US -4 -3.5
CINE.UK -4 -3.5
CINF.US -4 -3.5
CI.US -4 -3.5
CLA.FR -4 -3.5
CLB.US -4 -3.5
CLF.US -4 -3.5
CLH.US -4 -3.5
CLNE.US -4 -3.5
CLNX.ES -4 -3.5
CLSK.US -4 -3.5
CLX.US -4 -3.5
CL.US -4 -3.5
CMA.US -4 -3.5
CMCSA.US -4 -3.5
CME.US -4 -3.5
CMG.US -4 -3.5
CMI.US -4 -3.5
CMPS.US -4 -3.5
CMS.US -4 -3.5
CM.US -4 -3.5
CNA.UK -4 -3.5
CNC.US -4 -3.5
CNHI.IT -4 -3.5
CNK.US -4 -3.5
CNO.US -4 -3.5
CNP.FR -4 -3.5
CNP.US -4 -3.5
CNQ.US -4 -3.5
CNX.US -4 -3.5
CODI.US -4 -3.5
COE.US -4 -3.5
COFA.FR -4 -3.5
COFB.BE -4 -3.5
COF.US -4 -3.5
COG.US -4 -3.5
COHR.US -4 -3.5
COIN.US -4 -3.5
COLB.US -4 -3.5
COLL.US -4 -3.5
COLM.US -4 -3.5
COLOB.DK -4 -3.5
COLR.BE -4 -3.5
COL.ES -4 -3.5
COMM.US -4 -3.5
COMP.US -4 -3.5
CON.DE -4 -3.5
COO.US -4 -3.5
COP.US -4 -3.5
CORT.US -4 -3.5
COR.US -4 -3.5
COST.US -4 -3.5
COTY.US -4 -3.5
CO.FR -4 -3.5
CPAY.US -4 -3.5
CPA.US -4 -3.5
CPB.US -4 -3.5
CPG.UK -4 -3.5
CPI.UK -4 -3.5
CPNG.US -4 -3.5
CPRI.US -4 -3.5
CPRT.US -4 -3.5
CPRX.US -4 -3.5
CPR.IT -4 -3.5
CPT.US -4 -3.5
CP.US -4 -3.5
CRDO.US -4 -3.5
CREE.US -4 -3.5
CRH.UK -4 -3.5
CRI.FR -4 -3.5
CRI.US -4 -3.5
CRL.US -4 -3.5
CRM.US -4 -3.5
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