Check out our FAQ page here for questions about the unavailability of MT4/MT5 on the Apple App store.

FINANCING FEES

Know our financing fees

Trade smarter by understanding how we calculate financing charges based on asset class, holiday & trading hours.
EQUITI 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 charge a holding fee on some products for keeping positions open till the next day. We recommend you always check the rollover fees per product to protect your trading strategy. 

Please be aware that:

  • 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 -6.095 0.711
AUDCHF 1.792 -7.161
AUDCNH -131.145 -121.145
AUDDKK -23.152 -23.152
AUDHKD -116.296 -135.796
AUDJPY 7.249 -13.702
AUDNZD -16.451 -9.592
AUDSGD -23.901 -17.911
AUDUSD -4.102 0.998
CADCHF 3.363 -11.100
CADJPY 11.350 -17.874
CADSGD -8.413 -9.163
CHFJPY 1.843 -10.949
CHFNOK -51.539 -51.539
CHFPLN -22.515 -22.515
CHFSGD -24.823 3.965
CNHJPY -15.970 -19.610
EURAUD -8.076 1.985
EURCAD -13.016 6.951
EURCHF 0.518 -6.697
EURCZK -20.914 -20.914
EURDKK -65.212 -65.212
EURGBP -6.536 0.976
EURHKD -115.687 -94.587
EURHUF -34.302 -34.302
EURILS -10.363 -10.363
EURJPY 8.187 -14.782
EURMXN -637.545 260.826
EURNOK -87.174 -36.163
EURNZD -26.023 -4.777
EURPLN -131.858 27.822
EURRUB -6.674 -6.674
EURSEK -82.918 -61.229
EURSGD -34.899 -16.329
EURTRY -1838.468 -377.468
EURUSD -9.871 5.091
EURZAR -48.133 21.751
GBPAUD -2.103 -5.551
GBPCAD -8.352 0.246
GBPCHF 5.877 -12.335
GBPCNH -119.833 -136.133
GBPDKK -74.124 -74.124
GBPHKD -91.274 -147.774
GBPJPY 16.191 -24.198
GBPNOK -50.773 -97.059
GBPNZD -13.472 -6.145
GBPPLN -46.928 -46.928
GBPSEK -80.599 -164.914
GBPSGD -30.060 -22.760
GBPTRY -204.215 -204.215
GBPUSD -6.488 0.018
GBPZAR -57.851 4.499
HKDCNH -89.742 -89.742
HKDJPY -10.700 -13.300
MXNJPY -7.513 -11.689
NOKJPY -1.262 -1.262
NOKSEK -8.415 -10.308
NOKSGD -18.891 -18.891
NZDCAD -13.171 -12.370
NZDCHF 3.266 -8.664
NZDCNH -98.303 -98.303
NZDJPY 8.704 -15.789
NZDSGD -21.039 -20.839
NZDUSD -1.906 -1.306
PLNJPY -2.641 -2.641
SEKJPY -0.283 -2.608
SGDJPY 3.332 -25.598
TRYJPY -1.579 -7.369
USDCAD -3.439 -3.289
USDCHF 7.749 -11.551
USDCNH -44.644 -98.354
USDCZK -19.203 -19.203
USDDKK -59.874 -59.874
USDHKD -53.070 -139.570
USDHUF -31.493 -31.493
USDILS -47.573 -47.573
USDJPY 16.724 -22.276
USDMXN -455.705 114.295
USDNOK -13.117 -101.748
USDPLN -100.436 -13.916
USDRUB -211.365 -211.365
USDSAR -32.909 -32.909
USDSEK -40.190 -161.843
USDSGD -18.941 -19.941
USDTHB -286.799 -286.799
USDTRY -1608.758 -597.258
USDZAR -308.007 65.093
XAGEUR -2.637 -0.087
XAGUSD -4.141 1.809
XAUEUR -23.163 -3.903
XAUTRY -3571.505 -586.365
XAUUSD -26.577 19.773
XPDEUR -21.188 -12.307
XPDUSD -31.920 0.080
XPTEUR -4.764 -14.863
XPTUSD -10.692 -7.792
Latest update was at 30/01/2023
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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 from 23:59:45 to 23:59:59 (server time) will be rolled over to a new value date – and as such are subject to the swap charges 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 rollover charge 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.

Financing Fees FAQs

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 past 20:45 GMT. 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 charged 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 20:45 GMT.

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.


Start trading commodity CFDs


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


Start trading index CFDs

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