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 -5.654 -2.754
AUDCHF 2.384 -7.048
AUDCNH 0.000 0.000
AUDDKK -23.285 -23.285
AUDHKD -167.271 -185.871
AUDJPY 3.872 -9.413
AUDNZD -11.879 -13.905
AUDSGD -22.358 -19.378
AUDUSD -2.758 -0.059
CADCHF 1.898 -11.102
CADJPY 5.951 -14.015
CADSGD -13.259 -13.059
CHFJPY -3.614 -2.826
CHFNOK -51.802 -51.802
CHFPLN -23.643 -23.643
CHFSGD -22.997 2.846
CNHJPY 0.000 0.000
EURAUD -10.309 4.899
EURCAD -13.356 5.244
EURCHF -0.111 -4.535
EURCZK -21.518 -21.518
EURDKK -65.204 -65.204
EURGBP -6.493 2.167
EURHKD -208.049 -154.149
EURHUF -36.630 -36.630
EURILS -9.546 -9.546
EURJPY 0.721 -5.168
EURMXN -664.290 328.020
EURNOK -181.503 -23.309
EURNZD -21.791 -7.665
EURPLN -127.412 37.908
EURRUB -5.151 -5.151
EURSEK -88.593 -33.975
EURSGD -34.845 -16.025
EURTRY -2936.977 1284.623
EURUSD -8.798 4.841
EURZAR -37.939 13.473
GBPAUD -2.826 -2.786
GBPCAD -8.360 -1.303
GBPCHF 5.688 -10.683
GBPCNH 0.000 0.000
GBPDKK -74.729 -74.729
GBPHKD -196.492 -219.492
GBPJPY 9.154 -14.022
GBPNOK -214.136 -152.460
GBPNZD -7.183 -10.680
GBPPLN -48.409 -48.409
GBPSEK -81.863 -143.277
GBPSGD -28.505 -23.005
GBPTRY -184.468 -184.468
GBPUSD -4.396 0.037
GBPZAR -44.454 -5.464
HKDCNH 0.000 0.000
HKDJPY -12.637 -12.637
MXNJPY -7.975 -11.911
NOKJPY -1.215 -3.515
NOKSEK -7.646 -17.732
NOKSGD -19.233 -19.233
NZDCAD -12.119 -11.619
NZDCHF 1.690 -5.622
NZDCNH 0.000 0.000
NZDJPY 2.607 -7.635
NZDSGD -23.959 -19.259
NZDUSD -2.698 0.523
PLNJPY -2.606 -2.606
SEKJPY -0.550 -1.795
SGDJPY -1.838 -19.628
TRYJPY 4.872 -13.618
USDCAD -3.142 -3.835
USDCHF 7.584 -10.676
USDCNH 0.000 0.000
USDCZK -21.761 -21.761
USDDKK -65.940 -65.940
USDHKD -156.451 -209.451
USDHUF -37.041 -37.041
USDILS -48.268 -48.268
USDJPY 10.772 -15.224
USDMXN -539.632 190.298
USDNOK -1091.541 -1128.311
USDPLN -106.066 -10.886
USDRUB -211.365 -211.365
USDSAR -164.760 -164.760
USDSEK -34.251 -195.400
USDSGD -20.773 -21.463
USDTHB -329.223 -329.223
USDTRY -1929.743 70.557
USDZAR -234.275 24.047
XAGEUR -0.997 -1.567
XAGUSD -1.956 0.324
XAUEUR -16.923 -9.553
XAUTRY -5240.997 2182.623
XAUUSD -18.235 12.621
XPDEUR -2.106 -33.960
XPDUSD -15.017 -15.017
XPTEUR -9.778 -12.444
XPTUSD -14.861 -4.861
Latest update was at 04/10/2022
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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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