Swap Rates

Swaps refer to the interest you pay or earn on any orders you keep open overnight. They are also known as rollover fees. Essentially, a swap is the interest rate difference between the currencies in the pair you’re trading, and is credited or debited, depending on the position you’re holding.

Your Trading Account

When you leave a trade open overnight, you will earn or be charged an amount depending on your position and the Instrument you’re trading and the relevant interbank interest rate. This is known as a swap fee.

Our platform automatically converts swap fees into your account currency. You can calculate the swap fee for any trade using our calculator. This happens daily at 00:00 (UTC+2, note DST may apply) and can take several minutes.

On the weekends, interest is still applied to open positions, so we apply a triple swap fee on Wednesdays for Forex and Spot Metals (Gold and Silver) and on Fridays for Cash Indices, Cash Energies, and Stocks to account for this. On holidays, charges are still charged as applicable.

What You Need To Know

Before you start, you must understand all the costs associated with trading. Especially if you plan to keep trades open long-term. That way, you can adjust your strategy accordingly.

View Glossary What You Need To Know