Online Forex/CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63.3% of retail investor accounts lose money when trading Online Forex/CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing money.

FINANCING FEES

Know our financing fees

Trade smarter by understanding how we calculate financing charges based on asset class, holiday & trading hours.

SWAPS & ROLLOVERS

What are swaps & rollovers?

Trading markets take holidays too, be prepared for upcoming dates that may impact your open positions by causing extended rollover periods.

As we do not offer the physical delivery of assets, we adjust the price on some products for rolling the settlement day and allowing you to keep the position open. We recommend you always check the rollover fees (or “swaps”) per product to protect your trading strategy. 

Things to consider:

  • When you trade forex of CFDs on a "spot" basis on MT4 or MT5, most trades settle two business days (T+2 pairs) from inception - however some pairs (like USDCAD, USDRUB & USDTRY) are settled on a one business day basis (or ‘T+1’).
  • Different asset classes settle on different days, our financing costs are calculated on a per position basis and that they may be charged to your account.
  • Formula for forex & oil CFDs: Lots x Contract Size x Long/Short Swap x Point Size
  • Formula for share & index CFDs: (Long/Short Swap)/360/100 x Closing Price x Lots

To learn more, check our FAQs page or see our holiday trading hours.

Download this quarter’s list of rollovers by product.

Swaps and Rollovers
CURRENT SWAPS

Swap rates by product

Symbol Long Short
AUDCAD -3.688 -1.077
AUDCHF 3.118 -7.279
AUDCNH -287.628 -427.626
AUDDKK -21.483 -21.483
AUDHKD -324.465 -341.763
AUDJPY 6.578 -16.838
AUDNZD -7.426 1.024
AUDSGD -17.702 -19.562
AUDUSD -4.018 1.254
CADCHF 3.855 -10.140
CADJPY 14.392 -20.324
CADSGD -5.000 -10.360
CHFJPY 3.457 -12.882
CHFNOK -57.704 -57.704
CHFPLN -21.690 -21.690
CHFSGD -67.857 5.001
CNHJPY -52.491 -61.983
EURAUD -7.987 1.998
EURCAD -9.407 4.438
EURCHF 2.722 -8.775
EURCZK -66.621 -66.621
EURDKK -196.056 -196.056
EURGBP -7.003 2.595
EURHKD -300.378 -277.578
EURHUF -102.987 -102.987
EURILS -32.154 -32.154
EURJPY 7.327 -22.752
EURMXN -577.475 251.499
EURNOK -106.692 -12.206
EURNZD -27.093 -3.669
EURPLN -75.059 -3.569
EURRUB -8.702 -8.702
EURSEK -80.963 -44.040
EURSGD -27.452 -21.582
EURTRY -4483.277 2529.556
EURUSD -8.439 1.768
EURZAR -51.547 0.819
GBPAUD 0.956 -9.690
GBPCAD -1.494 -4.656
GBPCHF 10.642 -15.500
GBPCNH -195.528 -596.028
GBPDKK -76.456 -76.456
GBPHKD -250.020 -426.219
GBPJPY 19.811 -37.982
GBPNOK -56.852 -95.620
GBPNZD -12.322 -7.074
GBPPLN -132.495 -132.495
GBPSEK -64.811 -169.397
GBPSGD -18.532 -30.932
GBPTRY -346.031 -346.031
GBPUSD -3.234 -1.069
GBPZAR -39.806 5.114
HKDCNH -287.967 -287.967
HKDJPY -11.413 -15.980
MXNJPY -9.193 -15.054
NOKJPY 0.208 -3.458
NOKSEK -2.788 -7.568
NOKSGD -54.321 -54.321
NZDCAD -0.692 -4.835
NZDCHF 5.323 -9.007
NZDCNH -251.898 -451.896
NZDJPY 13.801 -19.644
NZDSGD -15.001 -22.801
NZDUSD -1.232 -1.229
PLNJPY -3.317 -3.317
SEKJPY 0.528 -3.137
SGDJPY 3.339 -24.991
TRYJPY 2.973 -7.697
USDAED -5.573 -3.573
USDCAD -1.439 -5.729
USDCHF 7.722 -12.623
USDCNH 77.150 -119.166
USDCZK -20.531 -20.531
USDDKK -181.272 -181.272
USDHKD -61.488 -116.488
USDHUF -95.220 -95.220
USDILS -49.553 -49.553
USDJPY 14.512 -28.949
USDMXN -427.965 132.035
USDNOK -31.294 -76.621
USDPLN -53.788 -38.348
USDRUB -211.365 -211.365
USDSAR -10.960 -10.960
USDSEK -46.725 -138.660
USDSGD -16.224 -27.391
USDTHB -316.072 -316.072
USDTRY -3964.316 1866.784
USDZAR -362.945 -31.212
XAGEUR -3.566 1.017
XAGUSD -4.728 2.164
XAUEUR -35.299 5.841
XAUTRY -9323.057 5217.860
XAUUSD -33.279 18.323
XPDEUR -3.241 -10.077
XPDUSD -6.052 -6.052
XPTEUR -14.903 1.227
XPTUSD -18.559 5.971
Latest update was at 28/02/2024
MULTI-ASSET GLOBAL BROKER

Trade up. Switch to FXPesa today.

HOW DO I CALCULATE SWAPS & ROLLOVERS?

Learn how to calculate overnight fees

If you trade forex of CFDs on a "spot" basis on MT4/5, most trades settle two business days (T+2 pairs) from inception - however some pairs (like USDCAD, USDRUB & USDTRY) are settled on a one business day basis (or ‘T+1’). All positions left open at 23:59 (server time) will be rolled over to a new value date – and as such are subject to the swap/rollover adjustments we listed above.

How do weekend rollovers work?

When you roll an open position from Wednesday to Thursday (T+2 pairs) on a trade date basis, Monday of the following week becomes the new value date (or ‘settlement date’), instead of Saturday. This means the swap/rollover adjustment on a Wednesday evening will be three times the value indicated in the table. The same occurs for a T+1 pair on a Thursday. This is to reflect how the value date of an FX position rolls in the underlying market.

If US30 is subject to costs of 0.75 for short and -3.25 for long, and your open position for one week has 1 lot (100,000 USD):

Long Charge for 1 week: - 3.25 x 7 = USD -22.75

Short Credit for 1 week: -0.75 x 7 = USD -5.25

If your account is in another currency than the P/L currency, then the result needs to be converted to the account currency at the spot exchange rate of the two currencies.

If GBPUSD is subject to costs of 1.96 for short and -4.32 for long, and you have traded 1 lot (100,000 GBP).

Long Charge for 1 week: - 4.32 x 7 = USD -30.24

Short Credit for 1 week: 1.96 x 7 = USD +13.72

If your account is in another currency than the P/L currency, then the result needs to be converted to the account currency at the spot exchange rate of the two currencies.

If today is Monday & the EURUSD value date is Wednesday; then at 5pm NYT (21:00 GMT) Monday night the EURUSD’s value date will roll from Wednesday to Thursday (1 calendar day). In this example, the swap value is 10 MT4 points per day - which is quoted as ‘10’ in our rollover rates below - so the rate will be calculated is 10 (1 * 10).

If today is Wednesday & the EURUSD value date is Friday; then at 5 pm NY time (9 pm GMT) Wednesday night the EURUSD’s value date will roll from Friday to Monday (3 calendar days) as markets close and positions cannot be altered over the weekend. In this example, the swap value would be 30 MT4 points (10pts/day) - as even though it’s quoted as 10, the rate on Wednesday nights will be automatically calculated by MT4 as 30 (3*10).

In the event of a holiday, the value dates roll in line with market convention.

If today is Wednesday, the EURUSD value date is Friday but there’s a holiday on Monday; then at 5 pm NY time (9 pm GMT) Wednesday night the EURUSD’s value date will roll from Friday to Tuesday (it can’t roll to Monday as Monday is a holiday) which is 4 calendar days. So in this example, the swap value is 40 MT4 points (10pts/day). We quote “13.33” as MT4 knows that on a Wednesday it will charge 3 times the value we input. 3 * 13.33 = 40.

FAQs

Questions about Financing Fees

What do rollover costs mean?

The financing cost for your CFD trade is referred to as ‘rollover.' This is the interest paid depending on the size of the position and for holding a position at 23:59 server time (server time is New York time). For index CFDs, any dividend adjustments issued are included in the rollover amount as well. 

The formula for financing cost is as follows:
Closing Price of the Index * the interest rate / 100 / Number of Days +/- Dividends * Trade Size.

Pay attention to open positions on Fridays. If you hold a position over the weekend, the rollover is 3 times as you’ll be unable to close a position until the markets open on Monday AM.

To avoid rollover charges, make sure to close any open positions before 23:59 server time (server time is New York time).

A pip, short for ‘point in percentage’, is a very small measure of change in a currency pair in the forex market. It can be measured in terms of the quote or the underlying currency. A pip is a standardised unit for the smallest amount by which a currency quote can change. It is usually $0.0001 for USD-related currency pairs. A fractional pip or point is equivalent to 1/10 of a pip. There are 10 points to every 1 pip.

The basic contract unit of the Retail Foreign Exchange is called a ‘lot’.

The standard lot size is 100,000 units of the base currency (1st currency in the currency pair), however you can also trade multiples or fractions of lots. The minimum at Equiti is 0.01 lot.

Example: Buying 1 lot on the GBP/USD market is the equivalent to buying £100,000 and selling the equivalent amount of USD at the current rate.


Lot Size | Units of base currency (First currency)

1 | 100,000

0.1 | 10,000

0.01 | 1,000

We offer leverage through the use of margins, where we provide borrowed funds from our deep liquidity pool to increase your trading position. This means traders can increase their market exposure by paying a fraction of the initial investment. In practice, 1:20 leverage means you can invest $10 and trade with $200 - allowing for higher potential gains AND losses. Make sure you understand your risk appetite. Try to minimise your losses by using stop loss tools or other risk management strategies.

We offer up to 1:500 leverage on selected products including precious metals, gold, oil & natural gas commodity CFDs.

CFDs or ‘contracts for difference’ are derivative products designed so that you can trade on the price change of an underlying asset. This means you can trade on the price movements or performance of assets without needing to own them outright - which allows you to go long or short and potentially benefit from either rising or falling markets.

Trade commodity CFDs

You can also trade CFD indices such as the US500, UK100, AUS200, China50 & Sing30.

Trade index CFDs

There's more to explore

All products hero banner

Products

FX, indices, commodities, futures, shares & ETF CFDs.

Trading platforms hero banner

Platforms

Trade confidently with powerful platforms on any device.

Partnerships hero banner

Partners

Introduce your client network for competitive benefits.