Compare Overnight Rates (SWAPS)

COMPARE BROKERS -SWAP RATES

Compare Forex Swap Rates (Foreign Exchange Overnight Rollovers) -For Carry, Swing and Long-Term Forex Traders

FX BROKER

SAFETY OF FUNDS

OVERNIGHT RATES

PLATFORMS / ASSETS

ACCOUNT

BROKER'S INFO

DUKASCOPY

» DUKASCOPY WEB-SITE

 

US TRADERS: NO

ISLAMIC ACCOUNTS: YES

EXECUTION: ECN (SWFX)

REGULATION:

  • FCMC
  • MiFID (EU)

ACCOUNT SEGREGATION:

  • YES

CORPORATE INFO:

The broker was found in 1999 and it is based in Switzerland (Dukascopy Bank) and in Latvia (Dukascopy Europe)

CUSTOMER SUPPORT:

  • Arabic
  • English
  • French
  • German
  • Italian
  • Japanese
  • Russian

 

LEVERAGE: 1:300

SWAPS

EURUSD:

Long (↑): -2.90 USD

Short (↓): +2.20 USD

GBPUSD:

Long (↑): -0.70 USD

Short (↓): -0.50 USD

USDJPY:

Long (↑): +1.10 USD

Short (↓): -2.29 USD

PLATFORMS

JForex, JavaTrader, WebTrader, FIX/API

Mobile App for iPhone, iPad and Android

PAMM: YES

DEMO: YES

FREE VPS: NO

ASSETS:

  • 50+ Forex Pairs
  • Gold and Silver on Spot
  • US and UK Oil
  • Many Stock Indices including Dow, Nasdaq, S&P 500, DAX, CAC 40

MIN. DEPOSIT:

$200 (Dukascopy Europe)

$5,000 (Dukascopy Bank)

DEPOSIT FUNDS:

  • Bank Wire
  • Cards
  • -Maestro
  • -VISA
  • -Electron

BONUS:

10% Cash Bonus

REBATES:

30% automatic rebate for the 1st month of trading (Rebate link is on the right)

 

KEY POINTS

  • Tight Spreads
  • Good Rollover SWAPS
  • Many Trading Contests
  • Get 30% Rebate for the 1st month of trading with Dukascopy via this Rebate Link

 

30% Rebate Link -for the 1st month of trading

 

Dukascopy Europe Review

HOTFOREX

» HOT FOREX WEB-SITE

 

US TRADERS: NO

ISLAMIC ACCOUNTS: YES

EXECUTION: STP / ECN

REGULATION:

  • CySEC
  • FSC (BVI)
  • MiFID (EU)

ACCOUNT SEGREGATION:

  • YES via Barclays (UK) and BNP Paribas (France)

CORPORATE INFO:

The broker was found in 2007 and it is based in Cyprus. HotForex is owned by World Finance Top 100 Company

CUSTOMER SUPPORT:

  • Arabic
  • Chinese
  • English
  • German
  • Hindi
  • Japanese
  • Korean
  • Greek
  • Persian
  • Russian
  • Spanish

 

LEVERAGE: 1:1,000

SWAPS

EURUSD:

Long (↑): -0.36

Short (↓): -0.17

GBPUSD:

Long (↑): -0.20

Short (↓): -0.46

USDJPY:

Long (↑): -0.18

Short (↓): -0.25

PLATFORMS:

MetaTrader4, Sirix WebTrader, MAM Platform, Mobile Traders

PAMM: YES (v2 PAMM)

DEMO: YES

FREE VPS: YES for Deposits over $5,000

ASSETS:

  • 43 Forex Pairs
  • Stocks & Indices
  • Commodities
  • Energy

MIN. DEPOSIT:

$10

FUND METHODS:

  • Credit Cards
  • Bank Wire
  • MoneyBookers
  • Neteller
  • iDeal
  • Union Pay
  • Sofort
  • Netbanx
  • TrustPay

BONUS:

100% Cash Bonus

REBATES:

$6.4 / lot

via Forex-Rebates.com

KEY POINTS

  • Very good promotions
  • Popular PAMM accounts
  • Free VPS for all traders holding more than $5,000
  • Many Trading Contests
  • Currenex Account

 

Visit HotForex

 

Review HotForex

IC MARKETS

» IC MARKETS WEB-SITE

 

US TRADERS: NO

ISLAMIC ACCOUNTS: YES

EXECUTION: ECN / STP

 

 

REGULATION:

  • ASIC (Australia -license 335692)

ACCOUNT SEGREGATION:

  • YES

CORPORATE INFO:

The broker was found in 2007 and it is based in Australia.

CUSTOMER SUPPORT:

  • Chinese
  • English
  • French
  • German
  • Italian
  • Japanese
  • Spanish

LEVERAGE: 1:500

SWAPS

EURUSD:

Long (↑): -0.38

Short (↓): +0.12

GBPUSD:

Long (↑): -0.08

Short (↓): -0.03

USDJPY:

Long (↑): +0.05

Short (↓): -0.27

PLATFORMS:

MetaTrader-4, MetaTrader-5, MT4 for iPhone and Android, cTrader, Mobile cTrader cAlgo

PAMM: YES

DEMO: YES

FREE VPS: YES (100 round turn lots per calendar month are required)

ASSETS:

  • 56 currency pairs
  • 4 major metals
  • Equities (12 index CFDs)
  • Energies (Brent and WTI)

 

MIN. DEPOSIT:

$200 for MT4 account and $1,000 for cTrader account

FUND METHODS:

  • Bank Wire
  • Credit Card
  • Skrill
  • Webmoney
  • Neteller

BONUS:

NO BONUS

REBATES:

$1.2 / lot

via Forex-Rebates.com

KEY POINTS

  • Tight Spreads
  • cTrader and cAlgo plus MT4
  • Low latency

 

Register a Demo Account with IC MARKETS

Register a Real ECN Account with IC MARKETS

 

Review IC Markets

 

 

TALLINEX

» TALLINEX WEB-SITE

 

US TRADERS: NO

ISLAMIC ACCOUNTS: YES

EXECUTION: ECN

REGULATION:

  • Estonian Ministry of Economic Affairs
  • FSA Saint Vincent

ACCOUNT SEGREGATION:

  • YES

CORPORATE INFO:

The broker was found in 2012 and it is based in Esthonia (EU)

CUSTOMER SUPPORT:

  • English
  • Estonian
  • Finnish
  • Portuguese
  • Russian
  • Swedish

LEVERAGE: 1:500

SWAPS

EURUSD:

Long (↑): -0.42

Short (↓): +0.18

GBPUSD:

Long (↑): -0.12

Short (↓): +0.01

USDJPY:

Long (↑): +0.14

Short (↓): -0.48

PLATFORMS:

MT4 for PC, MAC and Linux, PAMM and Mobile Traders

PAMM: YES

DEMO: YES

FREE VPS: YES (minimum monthly volumes 5 lots)

ASSETS:

  • 42 currency pairs
  • Gold and Silver on spot

MIN. DEPOSIT:

$100 for ECN Micro and $2,000 for ECN Pro

FUND METHODS:

  • Bank Wire
  • Credit Cards

BONUS:

100% Credit Bonus

REBATES:

Contact Forex-Rebates.com

KEY POINTS

  • US traders
  • Good SWAP rates
  • PAMM Accounts
  • Welcome Bonus

 

Tallinex Demo-Account

Tallinex Real-Account

 

Review Tallinex

 

COMPARE BROKERS: » DIRECTORY | » TRADE SPREADS | » FOREX REBATES | » FOREX SCALPING | » SWAP RATES | » FUNDS SAFETY

 



What is an Overnight Swap Rate?

A swap rate refers to an overnight charge that is based on the interest rates of the two countries involved in a currency pair. The swap rate is charged exactly at midnight, according to each broker's time server.

Each Forex pair is the subject of different swap charges. These charges are measured on a standard lot size which means 100,000 base units (usually $100,000).

How Overnight Rates Work?

Swap rates can be positive or negative and that depends on the currency pair you have chosen and the direction you trade. If you choose to go long on a currency offering high-interest rate and you trade against a currency offering low-interest rate then the overnight rate is positive. For example, if you go long on AUDUSD, NZDUSD, AUDCHF, NZDJPY you are paid an overnight rate.

Key Points

  1. The swap rate is charged exactly at midnight, according to each broker's time server

  2. The swaps are measured on a standard lot size which means 100,000 base units

  3. Every Wednesday, the swap value is tripled to cover the Saturday's and Sunday's swap charges

  4. The swap values can alter at any time based on new interest rate decisions by central banks

  5. Metals, Energy, Indices and Soft Commodities don't offer interest rates and therefore are the subject of negative swap rates.

 

COMPARE RATINGS: » OVERALL RATINGS | » TRADING STYLES | » TRADING EXPERIENCE

COMPARE BROKERS: » DIRECTORY | » TRADE SPREADS | » FOREX REBATES | » FOREX SCALPING | » SWAP RATES | » FUNDS SAFETY

 

Forex Swap Rates Comparison

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