Forex Brokers with Best Positive Swap Rates

Forex Swap is one of the costs associated with Forex trading. In Forex, a swap is simply the interest you will be charged for leaving a trade open overnight in the Forex market. It is completely different from other trading costs like spreads and commissions. Swap can be positive or negative. This means for some currency pairs you will be credited for leaving a trade overnight (positive swap) while for some other currency pairs you will be debited for the same (negative swap).

The Swap fee you are charged varies across forex brokers and depends on whether you are going long or short on a particular instrument. Every broker has separate swap fees for going long and short on different currency pairs. It is not uncommon to see a positive swap for going short on a forex currency pair and a negative swap for going long on the same forex pair. For new traders, going long simply means placing a buy trade while going short is placing a sell trade

The thought of making money by just leaving a trade overnight sounds great. This is exactly what happens with a positive swap. In this article, we are assessing trusted forex and CFD brokers with the best positive swap rates. All swap rates stated here are standard rates but do not apply during weekends when the forex market is closed.

FP Markets – Its Positive Forex Swap Rates

FP Markets is a popular regulated broker that has earned thousands of positive reviews on TrustPilot for its trading services and customer support. 98% of these 3500+ reviews are extremely positive which shows that clients are very satisfied with FP Markets.

At FP Markets, you get a positive swap on specific types of trades on some forex currency pairs. All swap fees listed below are expressed in pips.

  • Long trade on AUDCHF with a Positive Swap of 0.235
  • Long trade on AUDJPY with a Positive Swap of 0.371
  • Long trade on CADCHF with a Positive Swap of 0.349
  • Long trade on CADJPY with a Positive Swap of 0.541
  • Short trade on CHFSGD with a Positive Swap of 0.231
  • Short trade on EURAUD with a Positive Swap of 0.32
  • Short trade on EURCAD with a Positive Swap of 0.45
  • Short trade on EURCZK with a Positive Swap of 4.348
  • Short trade on EURHUF with a Positive Swap of 1.217
  • Short trade on EURNZD with a Positive Swap of 0.138
  • Short trade on EURTRY with a Positive Swap of 2.138
  • Short trade on EURUSD with a Positive Swap of 0.45
  • Short trade on EURZAR with a Positive Swap of 12.415
  • Long trade on GBPCHF with a Positive Swap of 0.446
  • Long trade on GBPJPY with a Positive Swap of 0.7
  • Short trade on GBPUSD with a Positive Swap of 0.022
  • Long trade on NZDCHF with a Positive Swap of 0.124
  • Long trade on NZDJPY with a Positive Swap of 0.204
  • Short trade on NZDUSD with a Positive Swap of 0.025
  • Long trade on USDCHF with a Positive Swap of 0.35
  • Long trade on USDHKD with a Positive Swap of 3.135
  • Short trade on USDHUF with a Positive Swap of 0.136
  • Long trade on USDJPY with a Positive Swap of 0.999
  • Short trade on USDMXN with a Positive Swap of 1.211
  • Short trade on USDPLN with a Positive Swap of 0.458
  • Short trade on USDZAR with a Positive Swap of 1.375
  • Short trade on XAUAUD with a Positive Swap of 11.13
  • Short trade on XAUUSD with a Positive Swap of 8.47

*Data were taken from the official site of the broker, please visit the broker’s website to find out if they are still current

75.3% of retail CFD accounts lose money

XM.com – Its Positive Forex Swap Rates

XM.com is a multi-regulated broker that gives access to trade over 1000 financial instruments including Forex, stocks, indices, and other CFDs. There is a positive swap on some forex currency pairs traded with XM.com. All swap fees listed below are expressed in the symbols base currency.

  • Long trade on CADJPY with a Positive Swap of 4.54
  • Short trade on EURAUD with a Positive Swap of 2.27
  • Short trade on EURCAD with a Positive Swap of 3.74
  • Short trade on EURGBP with a Positive Swap of 0.5
  • Short trade on EURHUF with a Positive Swap of 120.18
  • Short trade on EURNZD with a Positive Swap of 3.07
  • Short trade on EURPLN with a Positive Swap of 40.47
  • Short trade on EURTRY with a Positive Swap of 356.35
  • Short trade on EURUSD with a Positive Swap of 3.44
  • Long trade on GBPCHF with a Positive Swap of 1.15
  • Long trade on GBPJPY with a Positive Swap of 2.9
  • Long trade on NZDJPY with a Positive Swap of 3.02
  • Long trade on USDCHF with a Positive Swap of 5.59
  • Long trade on USDJPY with a Positive Swap of 7.52

*Data were taken from the official site of the broker, please visit the broker’s website to find out if they are still current

AvaTrade – Its Positive Forex Swap Rates

AvaTrade is a trusted broker which is endorsed by multiple renowned regulatory agencies across the world. Only four currency pairs have positive forex swaps when trading with AvaTrade. Also, all swap fees listed below are represented by interest.

  • Short trade on EURTRY with a Positive Swap of 2.016
  • Short trade on EURZAR with a Positive Swap of 2.016
  • Short trade on USDTRY with a Positive Swap of 2.016
  • Short trade on USDZAR with a Positive Swap of 2.016

*Data were taken from the official site of the broker, please visit the broker’s website to find out if they are still current

71% of retail CFD accounts lose money

Oanda – Its Positive Forex Swap Rates

Oanda is a leading broker in Forex and other CFDs trading and is regulated by recognized regulatory bodies across the globe. This broker has over 25 years of experience in delivering forex solutions via innovative computer and financial technology.

Also, Oanda is one of the few brokers with lucrative positive swap rates across many forex currency pairs which unlike the rest of the brokers on this list also accept US traders. We have listed the type of trade, currency pair, and exact positive swap value available when trading with Oanda. All swap fees listed below are expressed in pips.

  • Long trade on AUDCAD with a Positive Swap of 0.034
  • Long trade on AUDJPY with a Positive Swap of 0.123
  • Long trade on AUDUSD with a Positive Swap of 0.026
  • Long trade on CADCHF with a Positive Swap of 0.056
  • Long trade on CADJPY with a Positive Swap of 0.074
  • Long trade on CHFJPY with a Positive Swap of 0.019
  • Short trade on EURAUD with a Positive Swap of 0.081
  • Long trade on EURCHF with a Positive Swap of 0.059
  • Short trade on EURGBP with a Positive Swap of 0.019
  • Long trade on EURJPY with a Positive Swap of 0.085
  • Short trade on EURNZD with a Positive Swap of 0.121
  • Short trade on EURUSD with a Positive Swap of 0.006
  • Long trade on GBPAUD with a Positive Swap of 0.192
  • Long trade on GBPCAD with a Positive Swap of 0.192
  • Long trade on GBPCHF with a Positive Swap of 0.192
  • Long trade on GBPJPY with a Positive Swap of 0.228
  • Long trade on GBPUSD with a Positive Swap of 0.014
  • Long trade on NZDJPY with a Positive Swap of 0.116
  • Long trade on USDCHF with a Positive Swap of 0.068
  • Long trade on USDJPY with a Positive Swap of 0.086

*Data were taken from the official site of the broker, please visit the broker’s website to find out if they are still current

Conclusion on Forex Brokers with Best Positive Swap Rates

There are some forex currency pairs that have a positive swap fee, that is, a fixed amount of money is added to your trading account every time you leave a trade open overnight. This can either be while going long or short on specific forex currency pairs. You should know that even if your trades are running in losses, you will still be credited with the positive swap.

These positive swap rates vary across brokers. We have listed regulated forex brokers with the best positive swap rates for the Forex Market. You should consider these specific currency pairs and forex brokers to see how you can benefit or how they may fit your trading strategy and style.



Michael
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