FxPro Swap & Overnight Fees

Measured swap rates (Raw+)

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 2026-08-28.

What it really costs to hold a position (measured)

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

The nightly figure has no leverage in it

The rate belongs to the instrument, to the direction you hold and to the contract behind the lot. Your account setting is not one of the inputs, which is why the table above reads identically to a client at the lowest setting and a client at the highest one. The only route by which a leverage change reaches the bill is size: a setting that admits more lots admits a proportionally larger nightly total, because the charge is set per lot.

It follows that raising the setting before a multi-night hold is not a way to carry the position more cheaply. It reduces the margin the same position reserves, which frees balance. It does not reduce anything that is charged, and the freed balance is not a credit against the nights ahead.

A charge that arrives nightly meets a cushion that was fixed at entry

A swap posting is not an entry cost. It happens while the position is open and it lands on equity. Free margin is equity less the margin currently reserved, so every posting shortens the cushion by exactly the amount posted, night after night, whatever the price is doing in between.

Put two accounts side by side with the same balance and the same single lot. The one at the higher setting reserves less, so it begins with a larger cushion and can absorb more postings before the margin level printed on our trading conditions page starts to matter. That advantage survives only while the freed room stays unspent. Spend it on more lots and the reservation returns to where it was while the nightly total grows in the same proportion - the cushion is back to its old size with a bigger bill drawn against it.

Sizing a position that is meant to sleep

Before a position is left overnight the useful question is not what a night costs but how many nights the cushion covers. Take the figure for your instrument and direction from the table above, note whether it is charged or credited, multiply by lots, and remember that one of the week's nights counts as three. Then read the total against what the ticket leaves free rather than against the balance it started from.

The margin reserved by an open position is not available to absorb that position's own swap; only the remainder is. That is the practical reason a position sized to the last of the balance behaves differently overnight from one sized to half of it, even though both are charged exactly the same per lot. A swap-free account removes the charge for eligible clients and changes nothing about the reservation - the margin is still held for as long as the position is open.

Changing the setting while the position sleeps

A leverage change made while a multi-night position is running does not reach the overnight line at all. The figure for that instrument and that direction is what it was, and the mid-week multiple is what it was. What the change reaches is the reservation standing behind the position, and therefore the size of the cushion the next posting lands in.

Here too the two directions behave differently. A higher setting enlarges the cushion the postings are drawn from and repays nothing already booked. A lower one shrinks it, so a hold that comfortably covered the nights it had left can stop covering them without the overnight figure having moved by anything at all.

Reading a multi-night hold at your own leverage

1. Read the figure for your instrument and direction in the measured table above, and note whether it is charged or credited.
2. Multiply it by the number of lots, then count the mid-week night as three rather than one.
3. Work out what those lots reserve at your setting: 3.33% of the notional at 1:30, 1% at 1:100, 0.5% at 1:200.
4. Subtract the reservation from equity. What is left is the cushion the nightly total is actually drawn from.
5. Divide the cushion by the nightly total. That number of nights, not the size of the charge, is what the leverage setting decided.

Steps 1 and 2 do not change when the leverage setting does. Step 3 does not change when the swap does.

One night, read twice

Read the measured figures for the left-hand column in the table above. The right-hand column is not printed anywhere on this page, because it belongs to an account rather than to a market.

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