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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 0.5507 -3.5069
AUDCHF 4.3643 -7.0959
AUDJPY 9.3534 -14.9131
AUDNOK -0.20933 -0.10307
AUDNZD -2.9042 -0.8142
AUDSEK 1.2501 -3.1779
AUDSGD 0.4097 -7.0343
AUDUSD -1.928 -0.8638
CADCHF 4.0609 -5.9487
CADJPY 8.1625 -13.3436
CHFJPY 0.8425 -6.3403
CHFPLN -69.74 49.887
CHFSGD -14.597 6.831
EURAUD -8.3305 2.2741
EURCAD -4.102 -0.472
EURCHF 3.9061 -7.8769
EURCZK -11.022 1.053
EURDKK -1.144 -19.107
EURGBP -5.2553 2.0903
EURHUF -38.687 22.824
EURJPY 10.5544 -17.9222
EURMXN -565.1478 346.2564
EURNOK -67.8953 16.8093
EURNZD -11.1111 4.1391
EURPLN -27.3805 17.8579
EURSEK -5.5023 -38.7223
EURSGD -7.671 -8.111
EURUSD -6.0025 3.0052
EURZAR -598.5408 -55.8008
GBPAUD -0.616 -4.776
GBPCAD 2.6753 -8.7203
GBPCHF 9.5663 -15.1479
GBPJPY 20.0995 -29.9719
GBPNOK -16.0711 -39.5011
GBPNZD -3.1921 -3.5221
GBPPLN -16.632 6.381
GBPSEK 46.7794 -111.0152
GBPSGD 1.5809 -14.4577
GBPUSD -0.9109 -1.8097
GBPZAR -242.8383 176.1586
HKDJPY 0.945 -1.958
NOKJPY 1.269 -2.09
NOKSEK 1.341 -6.292
NZDCAD 1.0233 -4.1393
NZDCHF 4.3358 -7.0206
NZDJPY 9.1905 -14.1772
NZDSGD 2.133 -7.238
NZDUSD -1.132 -1.0362
PHPUSD -200.86 91.161
SGDJPY 5.1852 -14.7825
USDBRL -3.651 0.192
USDCAD 2.2713 -6.0438
USDCHF 7.6502 -11.8308
USDCNH -10.809 -61.409
USDCZK -1.0925 -2.1925
USDDKK -9.107 -42.657
USDHKD -29.3194 -59.4319
USDHUF -28.7415 9.5968
USDJPY 15.9963 -22.8546
USDMXN -536.3276 175.7696
USDNOK -15.4956 -28.4756
USDPLN -1.7428 0.9149
USDSEK 34.0331 -84.0239
USDSGD 0.9572 -10.9302
USDVND 0 0
USDZAR -221.903 107.37
ZARJPY 1.494 -2.068
Instrument Swap Long Swap Short
BRENT 5 -43.8
WTI -1.3 -35.4
XAGUSD -4.9624 3.3779
XAUEUR -27.5106 16.6233
XAUUSD -29 21
XPDUSD -16.3575 1.4348
XPTUSD -13.4325 -1.1111
Instrument Swap Long Swap Short
AUS200 -1.6621 -0.1661
DE40 -15.9544 -1.595
DXY -8.83 1.83
ESP35 -2.1318 -0.2134
F40 -9.526 -0.9526
HKG33 -4.2031 -0.4202
IBRX50 -0.25 -0.25
JPN225 -2.397 -1.98
NL25 -2.5783 -0.1309
STOXX50 -35.2781 -3.5277
UK100 -10.0144 -1.001
US2000 -8.83 1.83
US30 -95.711 -9.57
US500 -12.1693 -1.2166
USTEC -42.9978 -5.5
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
CRON.US -4 -3.5
CROX.US -4 -3.5
CRSP.US -4 -3.5
CRST.UK -4 -3.5
CRS.US -4 -3.5
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