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 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. 

Please be aware that:

  • When you trade forex of CFDs on a "spot" basis on MT4, 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.

financing fees hero
Symbol Long Short
AUDCAD 0.000 0.000
AUDCHF 0.000 0.000
AUDCNH 0.000 0.000
AUDDKK 0.000 0.000
AUDHKD 0.000 0.000
AUDJPY 0.000 0.000
AUDNZD 0.000 0.000
AUDSGD 0.000 0.000
AUDUSD 0.000 0.000
CADCHF 2.863 -9.190
CADJPY 11.415 -16.590
CADSGD -5.381 -8.971
CHFJPY 4.071 -10.071
CHFNOK -57.625 -57.625
CHFPLN -22.106 -22.106
CHFSGD -21.086 3.139
CNHJPY -16.489 -18.999
EURAUD 0.000 0.000
EURCAD -8.105 3.386
EURCHF 1.568 -5.819
EURCZK -20.739 -20.739
EURDKK -65.320 -65.320
EURGBP -5.074 0.841
EURHKD -113.428 -84.528
EURHUF -32.375 -32.375
EURILS -10.679 -10.679
EURJPY 11.968 -16.498
EURMXN -596.171 256.478
EURNOK -59.800 -52.203
EURNZD -25.440 -4.578
EURPLN -85.187 2.193
EURRUB 0.000 0.000
EURSEK -68.544 -59.838
EURSGD -29.141 -20.131
EURTRY -19886.402 3012.898
EURUSD -7.890 3.936
EURZAR -43.278 17.097
GBPAUD 0.000 0.000
GBPCAD -3.749 -1.750
GBPCHF 6.334 -10.669
GBPCNH -65.699 -181.799
GBPDKK -76.113 -76.113
GBPHKD -100.381 -132.781
GBPJPY 20.201 -24.999
GBPNOK -28.822 -113.145
GBPNZD -14.113 -3.746
GBPPLN -45.676 -45.676
GBPSEK -77.960 -160.614
GBPSGD -25.184 -25.684
GBPTRY -258.277 -258.277
GBPUSD -4.344 0.425
GBPZAR -44.970 9.230
HKDCNH -94.729 -94.729
HKDJPY -10.734 -14.734
MXNJPY -8.482 -13.640
NOKJPY -0.240 -2.740
NOKSEK -4.881 -4.887
NOKSGD -17.680 -17.680
NZDCAD -1.243 -4.166
NZDCHF 4.130 -7.789
NZDCNH -75.960 -155.960
NZDJPY 10.399 -15.587
NZDSGD -15.355 -21.355
NZDUSD -0.812 -1.543
PLNJPY -2.946 -2.946
SEKJPY 0.122 -2.389
SGDJPY 2.681 -21.329
TRYJPY 7.068 -46.892
USDAED -2.855 -12.855
USDCAD -0.157 -3.591
USDCHF 7.912 -10.403
USDCNH -11.862 -126.702
USDCZK -19.266 -19.266
USDDKK -60.682 -60.682
USDHKD -63.614 -119.614
USDHUF -30.076 -30.076
USDILS -49.601 -49.601
USDJPY 18.590 -22.415
USDMXN -461.040 150.870
USDNOK 28.323 -132.913
USDPLN -66.387 -29.017
USDRUB 0.000 0.000
USDSAR -32.881 -32.881
USDSEK -16.265 -174.364
USDSGD -16.604 -22.804
USDTHB -303.255 -303.255
USDTRY -17467.193 1680.307
USDZAR -259.343 94.233
XAGEUR -3.592 0.768
XAGUSD -4.888 2.379
XAUEUR -31.236 2.644
XAUTRY -36834.732 5766.458
XAUUSD -32.080 25.036
XPDEUR -20.023 -5.559
XPDUSD -27.067 2.833
XPTEUR -12.694 -6.556
XPTUSD -17.811 -0.411
Latest update was at 09/06/2023
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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, 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.

Frequently asked questions

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 1:400 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.

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


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