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Risk warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74–89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Swap & rollover rates

Forex swap rates comparison (2026)

Compare overnight financing rates across brokers. Click any column header to sort. Filter by instrument group.

Last updated: 6 July 2026 · Rates are indicative — verify with broker before trading

What is a swap rate?

A swap (or rollover rate) is the overnight interest charged or earned when you hold a CFD or forex position past the daily cut-off (usually 5pm New York time). It reflects the interest rate differential between the two currencies in a pair. Long positions pay or earn interest; short positions do the opposite. Some brokers also add a markup to the interbank swap rate.

Swap rates matter most for swing traders and position traders who hold trades for days or weeks. For day traders who close before rollover, swaps are irrelevant.

Rates are indicative only Swap rates change daily and vary by broker, account type, and instrument. The figures below were sampled in July 2026 for standard ECN/Raw accounts. Always check your broker's current swap schedule in the MT4/MT5 contract specification before placing a trade.

Interactive swap comparison table

Show brokers:
IC Markets
Pepperstone
XM
FP Markets
eToro
Filter: Click column headers to sort ↕
Pair Group IC Markets long IC Markets short Pepperstone long Pepperstone short XM long XM short FP Markets long FP Markets short eToro long eToro short

Rates are indicative, sampled July 2026, standard Raw/ECN accounts. Positive = you earn; negative = you pay. Verify current rates with your broker. Not financial advice.

Islamic (swap-free) accounts

If you are unable to pay or receive interest for religious reasons, most regulated brokers offer Islamic accounts (also called swap-free accounts). These accounts replace the overnight swap with an administrative fee or wider spread. Check whether your broker's Islamic account is genuinely swap-free or simply defers the charge to a closing fee.

Brokers offering Islamic accounts: IC Markets (yes), Pepperstone (yes), XM (yes), FP Markets (yes), eToro (yes on eligible assets).

How to minimise swap costs Use a Raw/ECN account type — spreads are lower and swap markups are typically smaller than on standard accounts. Some brokers apply a triple swap on Wednesdays (for weekend settlement). Check whether Wednesday swap is ×3 before holding positions overnight on a Tuesday.