A swap, also known as an overnight financing fee, is applied to any leveraged position that is still open when the trading day rolls over. It reflects the interest rate differential between the two currencies (or the financing cost of the underlying asset) and can be a charge or a credit depending on whether you hold a long or short position. Pairmetric publishes indicative swap rates for its key traded instruments, with exact, up-to-date figures always available in the contract specification of each symbol in your MetaTrader 5 terminal.
Swap rates are set by market interest rates and can change without notice, so the values shown on this page are for planning purposes rather than a fixed guarantee. Traders who want to avoid overnight financing charges entirely, for example in line with Islamic finance principles, can open a Pairmetric Islamic Account, which carries no overnight swap fee while keeping the same spread-only pricing and market access as Pairmetric's other account types.
Swap Rates
A swap is the overnight financing charge or credit applied to any leveraged position still open at the end of the trading day. It depends on whether you are long or short, and it does not apply at all on a Pairmetric Islamic Account.
Discover Swap Rates for Different Markets
| Symbol | Short position | Long position |
|---|---|---|
USDCHF
US Dollar vs Swiss Franc
|
-17,00 | +2,00 |
GBPUSD
British Pound vs US Dollar
|
-5,00 | -4,00 |
USDJPY
US Dollar vs Japanese Yen
|
-30,00 | +5,00 |
EURUSD
Euro vs US Dollar
|
+1,00 | -10,00 |
| Symbol | Short position | Long position |
|---|---|---|
XAUUSD
Gold vs US Dollar
|
+20,00 | -75,00 |
XAUTRY
Gold vs Turkish Lira
|
+600,00 | -2400,00 |
XAGUSD
Silver vs US Dollar
|
+5,00 | -55,00 |
XAUEUR
Gold vs Euro
|
+9,00 | -39,00 |
| Symbol | Short position | Long position |
|---|---|---|
UKOIL
Brent Spot Oil
|
-31,67 | +7,35 |
USOIL
(WTI) Spot Oil
|
-24,45 | +5,00 |
| Symbol | Short position | Long position |
|---|---|---|
NAS100
US Nasdaq 100 Spot Index
|
+1,25 | -4,75 |
DOW30
US Dow Jones 30 Spot Index
|
+2,26 | -9,25 |
SPX500
US S&P 500 Spot Index
|
+3,25 | -13,05 |
| Symbol | Short position | Long position |
|---|---|---|
ETHUSD
Ethereum vs US Dollar
|
-20,00 | -35,00 |
BTCUSD
Bitcoin vs US Dollar
|
-20,00 | -35,00 |
| Symbol | Short position | Long position |
|---|---|---|
|
USOIL
(WTI) Spot Oil
|
-24,45 | +5,00 |
|
UKOIL
Brent Spot Oil
|
-31,67 | +7,35 |
Where the number comes from
Three short lessons on how swap rates are built and what moves them.
About Pairmetric's Swap Rates
Swap Rates FAQs
A swap rate is the interest charged or credited for holding a leveraged position open overnight, past the platform's daily rollover time. It is separate from the spread and only applies to positions still open at that point.
A swap reflects the interest rate difference between the two currencies in a pair (or the cost of financing the underlying asset). Since a long position and a short position sit on opposite sides of that difference, one side is typically charged while the other may be credited.
Yes, in general - any position still open at the platform's daily rollover time is subject to a swap charge or credit. Many brokers, including Pairmetric, also apply a triple swap on one day of the week to account for weekend settlement; check the contract specification in your MetaTrader 5 terminal for the exact day and rate for each instrument.
The figures shown here are indicative and used for planning your trading costs. Swap rates are influenced by market interest rates and can change, so always check the live contract specification for a symbol in your MetaTrader 5 terminal before opening a position you plan to hold overnight.
Open a Pairmetric Islamic Account. It carries no overnight swap fee on open positions, in line with Islamic finance principles, while keeping the same spread-only pricing and market access as Pairmetric's other account types.
If you have more questions visit
Start Trading in 3 Simple Steps
Getting started with Pairmetric is simple. Create your account, choose your preferred funding method, and access global financial markets through MetaTrader 5 in just a few straightforward steps.
1
Create Your Account
Complete your registration quickly and set up your Pairmetric trading account in just a few simple steps.
2
Fund Your Account
Choose your preferred funding method and prepare your account to explore trading opportunities across global markets.
3
Start Trading
Connect to MetaTrader 5 and access Forex, Metals, Commodities, Indices, and more from one powerful trading platform.
Trade the Markets with Pairmetric
Access a wide range of global markets including Forex, Indices, Metals, Commodities, Shares and Cryptocurrencies all through one seamless trading experience.
Our Payment Methods
At Pairmetric, we prioritize your convenience and flexibility. Explore our diverse range of payment methods tailored to meet your needs.
Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. These products may not be suitable for all investors. It is important to fully understand the risks involved and seek independent advice if necessary. You should carefully consider whether you understand how CFDs work and whether you can afford to take the high risk of losing money. The value of your investment may go down as well as up.
Please review our Legal Documents to understand the risks involved before you invest. See your rights and responsibilities as a retail client.
Please review our Legal Documents to understand the risks involved before you invest. See your rights and responsibilities as a retail client.
