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Forex Swap Rates Comparison

Compare overnight swap rates across major forex brokers. Find the best rates for holding positions overnight and discover swap-free account options.

What Are Swap Rates?

Swap rates (also called rollover fees) are the interest charges or credits applied when you hold a forex position overnight. The rate depends on the interest rate differential between the two currencies in a pair.

Long Swap:

Applied when buying the pair (holding the base currency)

Short Swap:

Applied when selling the pair (holding the quote currency)

Real-time swap rate data from Myfxbook covering leading global brokers — updated automatically (major pairs + gold).

Live
Forex Swap Rates Comparison
Broker Swaps by Myfxbook.com

Swap rates are pulled live from Myfxbook and may change with market conditions, account type, and broker policy. Rates shown are indicative — always confirm current swap rates with your broker before trading.

Swap-Free (Islamic) Accounts

Swap-free accounts are designed for traders who cannot receive or pay interest due to religious beliefs. These accounts don't charge or credit overnight swaps.

  • No overnight interest charges or credits
  • Compliant with Islamic finance principles
  • Available at most major brokers upon request

Understanding Forex Swap Rates

Forex swap rates are a crucial consideration for traders who hold positions overnight. When you keep a position open past the daily rollover time (usually 5 PM EST), your broker applies a swap rate based on the interest rate differential between the two currencies in your pair. If the currency you're buying has a higher interest rate than the one you're selling, you'll typically receive a credit. Conversely, you'll pay a charge if the bought currency has a lower rate. Swap rates vary significantly between brokers due to different funding costs and markup policies. For long-term traders and swing traders, comparing swap rates can have a meaningful impact on profitability. Some brokers offer swap-free Islamic accounts that eliminate overnight interest entirely, making them popular not just for religious compliance but also for traders who want to hold positions without swap considerations. When evaluating brokers, consider both their spread costs and swap rates together to get a complete picture of your trading expenses.