Our swap rates
What is a swap rate?
A forex swap rate is a rollover interest (that's earned or paid) for holding positions overnight in foreign exchange trading. Swap rates are released weekly by the financial institutions we work with and are calculated based on risk-management analysis and market conditions. Each currency pair has its own swap rate and is measured on a standard size of 1.0 lots (100,000 base units).
Find out more about swaps in forex and how they're calculated.
Where can I find Pepperstone's swap rates?
You can find our latest swap rates on our trading platforms. Swap rates posted on our platforms are indicative rates and are subject to change based upon market volatility.
To view the rates on our MetaTrader platforms:
- Select 'View'
- Right-click on 'Market Watch' and select 'Symbols'
- Choose the currency pair you wish to check and select 'Properties' (on MT5, please select 'Specification')
To view the rates on our cTrader platform:
- Go to the 'Finder' tab
- Type the symbol name in the search bar
- Click the information icon next to the symbol to view its settings
Our overnight charge is a fee that you pay in order to hold a position open overnight. The charge will be applied to your account each day (including weekend days) that you hold an open position on Equity CFDs, Share CFDs and Commodities. Our overnight rates are set at the benchmark regional interest rates for the underlying product, plus (or minus) our fixed charge of 2.5%
Spreads calculated from July - September 2019. Gold calculated from August - September 2019.