One Swap Measurement, Three Horizons · FxPro Tanzania
A swap (or rollover) is the interest debited or credited when you hold a leveraged position overnight.
Open FxPro Account →The overnight rows on this page are readings, taken the same way as the spread figures and published with the same caveats. Each rate is read per instrument and per direction from a live FxPro MetaTrader 5 Raw+ account and shown as the amount debited or credited per standard lot for one night held past the daily rollover, with the raw points printed beside it. A swap, or rollover, is the interest charged or paid for keeping a leveraged position open overnight; it applies only when the position survives that rollover, and Wednesday nights carry a triple charge because the value date rolls over the weekend. Two of the columns are derived rather than read: the holding table accumulates a night's rate across days, weeks and months, and the carry figure annualises tonight's rate, which makes it a scale rather than a promise, since the rate itself is re-read every day. Eligible clients can hold a swap-free account, on which no overnight interest is charged at all.
Measured swap rates (Raw+)
| Instrument | Long — per lot / night | Short — per lot / night | Long carry / yr | Short carry / yr |
|---|---|---|---|---|
| EUR/USD | −$8.90 (-8.9 pts) | +$1.90 (1.9 pts) | −2.8% | +0.6% |
| GBP/USD | −$3.10 (-3.1 pts) | −$4.20 (-4.2 pts) | −0.84% | −1.13% |
| AUD/USD | −$1.95 (-1.95 pts) | −$2.90 (-2.9 pts) | −1.01% | −1.5% |
| USD/CAD | +$1.62 (2.25 pts) | −$5.84 (-8.1 pts) | +0.59% | −2.13% |
| USD/JPY | +$4.33 (6.9 pts) | −$17.54 (-27.95 pts) | +1.58% | −6.4% |
| XAU/USD (Gold) | −$67.90 (-67.9 pts) | +$27.00 (27 pts) | −5.71% | +2.27% |
What you are debited (−) or credited (+) per standard lot held past the daily rollover, measured on FxPro’s own MT5 Raw+ feed (with the raw points in brackets). A negative number costs you to hold; a positive one pays you. Triple swap is applied on Wednesday night to cover the weekend value date. Carry / yr is the annualised swap yield (swap × 365 ÷ notional at the live price) — a rough guide to what holding the position costs or earns over a year, shown where we have a live price. Last read 2026-08-19.
What it really costs to hold a position (measured)
| Instrument | Long 1d | Long 1w | Long 1mo | Short 1d | Short 1w | Short 1mo |
|---|---|---|---|---|---|---|
| EUR/USD | $17.90 | $71.30 | $276.00 | $7.10 | −$4.30 | −$48.00 |
| GBP/USD | $16.10 | $34.70 | $106.00 | $17.20 | $42.40 | $139.00 |
| AUD/USD | $12.95 | $24.65 | $69.50 | $13.90 | $31.30 | $98.00 |
| USD/CAD | $8.26 | −$1.46 | −$38.72 | $15.72 | $50.76 | $185.08 |
| USD/JPY | $4.55 | −$21.43 | −$121.02 | $26.42 | $131.66 | $535.08 |
| XAU/USD (Gold) | $89.90 | $497.30 | $2,059.00 | −$5.00 | −$167.00 | −$788.00 |
Total net cost to hold one standard lot over time — the spread plus accumulated swap. A positive figure is what it costs you; a negative one means you come out ahead (positive carry). For example, holding EUR/USD long for a month costs about $276, while a EUR/USD short earns about $48. Based on measured spreads and current swaps — rates vary.
Swap at a glance
- Charged only on positions held past the daily rollover (around server 00:00)
- Rate depends on the instrument and whether you are long or short
- Triple swap on Wednesday nights (covers the weekend value date)
- Swap-free (Islamic) accounts hold no swap for eligible clients
- See the exact long and short swap per instrument inside your platform
Avoiding swaps
If you hold positions overnight regularly, a swap-free (Islamic) account may avoid swap interest for eligible clients. Check live swap rates inside your platform before holding overnight.
Open FxPro Account →Where the overnight rows come from
Nothing on this page is copied from a published schedule. The long and short rates are read out of a live FxPro MetaTrader 5 Raw+ account, instrument by instrument, on the same daily cycle as the spread tables. The raw points are shown next to the cash figure because points are what the platform stores and cash is what lands on the account, and a number is easier to check when both forms are in front of you.
A rate is quoted per standard lot per night. That is the unit, and it scales: a position a tenth of the size carries a tenth of the charge. The figure is printed as a debit or a credit exactly as it was read, without being tidied into one direction for presentation.
Each block carries the moment it was taken. That stamp is the difference between a measurement and a claim, because rates move with the market and a table that does not say when it was read cannot be checked by anyone, including whoever published it.
A night, a month and a year are three different figures
The first column is a rate: one night, one standard lot. The holding table is an accumulation, the same rate carried across a day, a week and a month, with the Wednesday triple already inside the longer horizons because value dates roll over the weekend whether or not the market is open.
The carry column is an annualisation. It stretches tonight's rate over 365 nights and states it against the notional value of the position, which turns a figure of a few dollars into something comparable across instruments of very different sizes. Everything it gains in comparability it pays for in realism: no rate holds still for a year, so the column belongs on a scale rather than in a plan.
Three columns, three horizons, one underlying reading. Running them together is the most common way to arrive at a holding cost that is wrong by a factor rather than by a rounding.
Checking a rate against your own platform
The overnight charge is unusual among trading costs in that it is published before it is applied: the specification for each instrument lists the long and short swap, and the charge lands against the position after the rollover. The field in a platform and the column on this page are the same quantity read from the same kind of account.
Two things have to match for a comparison to mean anything. The instrument, because rates are per symbol. And the unit, because a specification quotes per standard lot while a position may be a fraction of one. Once those line up, a gap between the two numbers is information rather than noise, and the first thing to suspect is the day, since these figures are re-read daily.
For the entry-and-exit half of the same trade, the measured spread and the fixed commission are set out on our cost overview. This page covers only what accrues after the rollover.
Three horizons of one reading
| Column | What it is | How it is produced | What it assumes |
|---|---|---|---|
| Per night | A reading | Read per instrument and direction from a live Raw+ account | Nothing beyond the night it was read |
| 1 day / 1 week / 1 month | An accumulation | Nights added the way the settlement calendar adds them | The rate stays where it was read |
| Carry per year | An annualisation | The nightly rate over 365 nights against notional at live prices | A rate unchanged for a whole year |
| Triple Wednesday | A convention | The settlement calendar, not a measurement | Nothing: it is a rule, not a reading |
The weekly and monthly columns already contain the Wednesday charge, so a single night multiplied out will come up short.
Frequently asked questions
What is the swap number on this page a reading of?
What is a swap at FxPro?
Why is the swap tripled on Wednesday?
Is the Wednesday triple already inside the holding-cost table?
What does the carry-per-year column actually claim?
How often are these rates re-read?
Is FxPro swap-free?
Where do the gold and metals rows come from?
What traders report
Both traders quoted here are holders rather than scalpers, which is why swaps came up for them at all. One has kept GBP/USD and EUR/USD shorts open since November and says the overnight charge never became the reason to close; the other trades swing and says a swap-free Islamic account was open to him. Neither states a rate, which is what the measured table above is for.
FxPro doesn't charge high swap commissions. I've been holding short positions on gbpusd and eurusd since november.
I'm a swing trader, so for me the spreads is just nice and acceptable with 0 commission, they offer Islamic swap free.