Swaps

Swap Rates

A forex swap rate is defined as an overnight or rollover interest (that is earned or paid) for holding positions overnight in foreign exchange trading.

What is a Swap Rate?

A swap charge is determined based on the interest rates of the countries involved in each currency pair and whether the position is short or long. In any one currency pair, the interest is paid on the currency sold and received on the currency bought.

Swap charges are released weekly by the financial institutions we work with and are calculated based on risk-management analysis and market conditions. Each currency pair has its own swap charge and is measured on a standard size of 1.0 lot (100,000 base units).

We use the latest technology to provide the best pricing and execution speed, delivering superior service to traders throughout their trading journey. We maintain some of the most competitive trading conditions in the market including tight spreads, low to zero commissions and variety of account types, tailored as per clients’ preferences and needs.

Swap rates posted below are indicative rates and are subject to change based upon market volatility.