FxPro Swap & Overnight Fees

A swap (or rollover) is the interest debited or credited when you hold a leveraged position overnight.

Min deposit $100 · Up to 1:200 · Rating 4.6/5

Holding a position overnight is the first habit that practice cannot teach you, because on a practice account nothing about the wait costs you anything you can feel. A swap is charged when a position is still open past the daily rollover, and Wednesday nights carry the triple charge that covers the weekend - the measured figures are in the table above. The part worth working on is not the rate. It is the line in your journal that says how long you intended to hold, written at entry, because the order history cannot tell an overnight trade you planned from an intraday idea you simply never closed. Those two look identical in the record and mean completely different things about your first month.

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)	−2.81%	+0.6%
GBP/USD	−$3.10 (-3.1 pts)	−$4.20 (-4.2 pts)	−0.84%	−1.14%
AUD/USD	−$1.95 (-1.95 pts)	−$2.90 (-2.9 pts)	−1.01%	−1.5%
USD/CAD	+$1.61 (2.25 pts)	−$5.81 (-8.1 pts)	+0.59%	−2.12%
USD/JPY	+$4.37 (6.9 pts)	−$17.71 (-27.95 pts)	+1.6%	−6.46%
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 2026-08-07.

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	−$1.40	−$38.43	$15.68	$50.54	$184.17
USD/JPY	$4.53	−$21.69	−$122.20	$26.61	$132.87	$540.20
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.

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The rollover is where an unfinished decision becomes visible

Most beginner positions that survive the night were not meant to. The idea was an intraday one, price went the wrong way, closing would have made the loss real, and the position stayed open by default. The rollover does not cause any of that - it simply timestamps it, which is what makes it such a useful thing to review.

Practice hides this completely. On a demo the overnight charge lands on a balance that was never yours, so a position held for three days out of avoidance feels the same as one held for three days on purpose. The first live month is where those two separate, and they separate faster if you wrote down which one you meant.

This is why the intended holding time belongs in the journal at entry rather than in your head. One word - intraday, overnight, several days - is enough. Read a month later, that word turns a column of identical-looking positions into two very different groups.

What the history shows about holding, and what it never shows

The history is precise about duration. It shows exactly which positions crossed the rollover, how many nights each one survived, and whether the long ones were winners or losers. That last split is the single most informative thing a beginner can read out of a first month.

What it never shows is intent. A three-day hold that was planned and a three-day hold that was avoidance produce byte-identical rows. Without the journal line the review has to guess, and it will guess generously, because the person guessing is the person being reviewed.

The pattern to look for is asymmetry: losing positions surviving the rollover while winning ones close the same session. That combination is not an overnight-cost problem. It is the cutting-winners habit showing up in the one place it cannot hide, and it belongs on the review list before any conversation about rates.

A weekly pass built around the rollover

Take one fixed evening a week and list every position that crossed the rollover during it. Next to each one, write the word from the journal entry. Two columns, no arithmetic.

Positions where the word matches what happened need no further thought - that is a plan being followed, which is the whole objective. Positions where it does not are the review, and there are usually fewer of them than the week felt like it contained.

If the mismatched group grows week after week, the fix is not a different instrument or a different account. It is a written exit level on every order, which is the same fix that shows up on the order rules page and, for that matter, in almost every other first-month problem.

Making the overnight decision before the night arrives

Write one word at entry - intraday, overnight, or several days - and treat it as part of the order, not as a note about it.
Put the exit level in at the same time, so the position has somewhere to end that does not depend on you being awake or available.
Rehearse the whole sequence on the practice account first, including deliberately holding a position through a rollover so the mechanics are familiar.
Once live, list every position that crossed the rollover each week and put the journal word next to it.
Count the mismatches. That count, tracked week to week, is a far better measure of a first month than the balance is.

The aim is not to avoid holding overnight. It is to be able to say, a week later, that you meant to.

Two positions that look identical in the history

What the record shows	Planned hold	Unfinished decision
Position open past the rollover	Yes - written at entry	Yes - not written anywhere
Exit level set with the order	Yes	Usually missing or moved
Reason recorded before the outcome	Yes, in one word	Reconstructed afterwards
How it reads at review	A plan that was followed	A loss that was postponed
What it should change next week	Nothing at all	An exit level on every order

The two rows differ by a single word written at entry. Nothing in the platform can tell them apart without it.

Holding patterns worth reading out of a first month

Pattern in the history	What it usually means	What the journal adds
Losers held overnight, winners closed same day	The cutting-winners habit in its clearest form	Whether an exit was ever written down at all
Everything closed before the rollover	A consistent intraday routine	Whether that was the plan or just the schedule
Multi-night holds with no stated horizon	Positions being kept rather than held	The missing word at entry is the whole finding
Holding through Wednesday without noticing	The triple charge arriving as a surprise	Whether the horizon was decided or discovered
Holding time growing week after week	Patience being confused with avoidance	The entry lines usually say so plainly

Every row here is read out of duration and direction alone. None of it needs a rate table to spot.

Frequently asked questions

How do I tell a planned overnight trade from one I never closed?

Only by what you wrote at entry. In the history the two are identical rows, so a single word recorded before the outcome - intraday, overnight, several days - is the entire difference between a plan and a postponed decision.

What should the journal say if I intend to hold for days?

The horizon in one word, the level that would end the trade, and what would tell you the idea was wrong before that level is reached. Three short lines, all written before the position is open long enough to have an opinion about.

Which pattern in the history says I am holding by accident?

Losing positions surviving the rollover while winning ones close inside the session. That asymmetry is the cutting-winners habit showing itself in the one place it cannot hide.

Can practice teach me anything about holding overnight?

It teaches the mechanics - what the charge looks like, when it lands, how a position carries forward. It cannot teach the part that matters, because waiting is easy when the balance was never yours.

How often should the holding habit be reviewed?

Once a week, on a fixed evening. Reviewing while positions are open turns the journal into commentary, and reviewing after every trade turns it into a mood chart.

Does the rollover deserve a line in the journal at all?

Not as an event. It earns its place as a question asked at entry - will this position still be open then, and did I decide that or discover it.

My first month shows every position held overnight - what now?

Put a written exit level on every order for the next month and change nothing else. A single change leaves a readable record; several at once leave a month that explains nothing.

What traders report

A demo account never teaches you what it costs to wait, so it is telling that only two traders in this set mention swaps at all, and both of them hold for days rather than minutes. One has kept short GBP/USD and EUR/USD open since November; the other calls himself a swing trader and mentions a swap-free Islamic account. If you are writing a first live entry into a journal, the horizon you put on that line is what decides whether either of those reviews is about you.

★★★★★

FxPro doesn't charge high swap commissions. I've been holding short positions on gbpusd and eurusd since november.

— Stuart Hall2025-01-27