COMMISSIONS AND SWAPS

Commissions per Account Type

Mini Bronze

Classic Silver

Pro Gold

CFDs on Forex Pairs

0.0029% Per Side of
Notional Value

0.0025% Per Side of
Notional Value

0.0020% Per Side of
Notional Value

CFDs on Commodities, Energies, indices, Equities

0.01% per side
of order volume

0.01% per side of
order volume

0.01% per side of
order volume

CFDs on Cryptocurrencies

0.03% Per Side
of National Value

0.03% Per Side
of National Value

0.03% Per Side
of National Value

Examples:
What is Swap

A forex swap rate is defined as an overnight or rollover interest rate (positive or negative) for holding positions overnight in foreign exchange or CFDs trading.

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. Each currency pair has its own swap rate and is measured in points. The particular size of swap charged or paid depends on the size of your position. Swap rates are subject to change based on interest rate policies of central banks and the liquidity on the inter-bank lending markets.

Swap Rates

To see latest Swap rates please click here or Login to Forex24 MT4 Trading Platform and follow the steps outlined below:

  • Market Watch

  • Select the Instrument you wish to check

  • Right Click and select ‘Specifications’. A new window will open that shows long and short swap rates for the trading Instrument

Notes:

Swaps (rollovers) all applied to all positions that remain open at the end of a day. End of a day is considered 23.59hrs.

Positions are opened with value date T+2. For example, positions opened on Monday have the value date on Wednesday. Positions opened on Wednesday have value date on Friday and positions opened on Thursday have a value date on Monday. Therefore, positions held opened from Wednesday to Thursday, based on the value date, are subjected to rollover/swap charge for 3 days i.e., three times the value indicated above.