Among the lowest swaps in the industry, with no hidden fees
Thanks to our swap policy, you calculate your swap in the simplest way: just check our fixed swaps table to see the swap applied to the asset you trade.
What is a swap?
A swap (or overnight fee) is a fee or interest adjustment applied when a position is held open overnight.
It depends on:
- The instrument (Forex pair, index, commodity, etc.)
- The direction of the position (buy or sell)
- The interest rate difference between currencies (for Forex)
- The position size and leverage
Swap values can:
- Vary over time
- Differ between long and short positions
- Be multiplied on certain days (e.g. triple swap to cover the weekend)
How is the swap calculated?
Although the exact formula may vary, the principle remains the same.
Position size
Start from the size of your position.
Swap rate
Apply the swap rate (interest rate differential).
Position direction
Take the direction into account: buy or sell.
Time held open
Multiply by the number of days the position stays open.
The terms of Islamic accounts
Since our swaps are not correlated to interest rates, all our accounts comply with Muslim religious practices and suit all beliefs and convictions. Fixed commissions per lot are simply applied to cover the cost of holding positions.
Where to find information about swaps?
All information related to swaps is available directly in MetaTrader 5.
Open the "Market Watch"
Open the Market Watch window in MetaTrader 5.
Specifications
Right-click the asset you're interested in, then "Specifications".
Swap lines
Scroll down: Swap long, Swap short and the swap-by-day table.
Check our fixed swaps
Find the fixed swap applied to each instrument, with no hidden fees.
Fast and easy account opening in 3 steps
- 1Create your RaiseFX account
- 2Verify your identity in 2 minutes
- 3Start trading the financial markets